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I haven't found much evidence of high ranking .ltd.uk domains, but that could be because not many people use them as their main 'promotion' domain.
Has anyone had any experience with this?
Any clues would be hugely appreciated.
I've found no problem with .ltd.uk compared to .co.uk.
There has been no discernable penalty.
True, lots of people don't bother with .ltd, but don't let that put you off. It's just that only a limited company can reserve the .ltd.uk in exactly the same format as it's name.