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Companies limited by guarantees is an alternative type of business structure that is used by non-profit organizations. They don’t have share capital and shareholders. Rather, they are held by one or more 'guarantees' each of whom guarantees a fixed amount of money to the business in the event of insolvency. Guarantors do not take any profit from the business. All excess revenue is returned to the organization to meet its non-profit goals. Watch this video to know more about the Limited by Guarantee Companies. Visit our website https://rtrsupportslimited.com Thanks for watching Please share your reviews and ask if you have any questions regarding this video in the comment section below, we'll answer you shortly. Also, don't forget to like and subscribe to our YouTube channel for more such videos.