South Sea Company
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Founded | January 1711 |
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Headquarters | London |
United Kingdom | |
Ceased operations | 1720 |
Founders | John Blunt |
John Aislabie | |
Type of business | Joint-stock company |
Closed date | 1853 |
Type | Joint-stock company |
Defunct | 1853; 170 years ago |
Date of Reg. | |
Date of Upd. | |
ID | 899883 |
About South Sea Company
The South Sea Company was a British joint-stock company founded in January 1711, created as a public-private partnership to consolidate and reduce the cost of the national debt. To generate income, in 1713 the company was granted a monopoly to supply African slaves to the islands in the "South Seas" and South America.