Originally Posted by
Akrapovic
VS don't report to the 'city'. They're a limited company. You don't run an airline for 40+ years without knowing how to be discreet with profit and loss. Business 1.01
Most companies in the UK are “limited companies”, either Public (PLC - eg Tesco, Barclays) or Private (Ltd - eg Virgin, John Lewis). If the Private Ltd company is large - they now both have similar reporting obligations, also to Companies House. That’s why Virgin produce an (audited) Annual Report. It’s difficult to be discreet.