A “partnership” is simply a company structure formed by two or more individuals.
A limited liability partnership (LLP) is a partnership in which some or all partners have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence.
Members of an LLP are treated as self-employed rather than employees, just like partners in a partnership. Note that care should be taken given the different structure of an LLP that members have sufficient rights to avoid their being treated as employees for employment law purposes.
Note that similar restrictions on the choice of names apply for LLPs as for companies. In addition, the name of the partnership must end with the words “Limited Liability Partnership” or “LLP”.
to check what Companies House will reject (characters, signs, and symbols).