Legal Structure
Impact-Led Company
A standard limited company (Ltd) that operates with a social mission but without formal social enterprise registration. Maximum flexibility for investment.
Key Characteristics
- Standard Companies House registration
- Optional mission lock in articles
- Full flexibility on investment and returns
- No specific social enterprise regulator
Advantages
- Maximum investment flexibility
- Familiar to all investors
- No regulatory constraints beyond company law
- Can pursue VC/angel funding
Limitations
- No formal social enterprise badge
- No asset lock by default
- Less grant eligibility
- Mission drift risk without constitutional protection
Regulator: Companies House
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