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