DRACOE UK LIMITED is a defense technology and manufacturing company that designs, manufactures, and Sign up to read more
| Allotment | Filed | Share Class | Round Size | Round Type |
|---|---|---|---|---|
2026-09-04 | £439k |
Accounts not filed
Capital raised per employee divides the equity DRACOE UK LIMITED raised in the last six months by the headcount in its most recent filed accounts. It is a rough read on how capital-intensive the business is: a high figure means the company is raising a lot relative to the number of people it employs, which is typical of hardware, biotech and other research-heavy businesses. Headcount comes from annual accounts and so lags the funding date, often by a year or more.
A share class is a category of shares carrying its own rights over voting, dividends and what happens to the money if the company is sold or wound up. UK companies typically issue Ordinary shares to founders and employees, then create a new Preferred class at each funding round, giving investors priority on proceeds ahead of the Ordinary holders. DRACOE UK LIMITED has 2 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
EACH A SHARE CARRIES ONE VOTE PER SHARE, RIGHTS TO RECIEVE DIVIDENDS PRO RATA TO THEIR HOLDINGS, PRIORITY RIGHTS TO PARTICIPATE IN DISTRIBUTIONS OF CAPITAL AND SALE PROCEEDS AND MAY NOT BE TRANSFERRED WITHOUT PRIOR BOARD CONSENT.
B SHARES EACH CARRY RIGHTS TO PARTICIPATE IN CAPITAL AND SALE PROCEEDS IN ACCORDANCE WITH THE ARTICLES OF ASSOCIATION BUT CARRY NO DIVIDEND OR VOTING RIGHTS. B SHARES ARE SUBJECT TO TRANSFER RESTRICTIONS AND COMPULSORY TRANSFER, VESTING AND LEAVER PROVISIONS AS CONTAINED IN THE ARTICLES OF ASSOCIATION.