Flo‑Gro Systems Ltd runs a UK‑based, industrial‑scale recirculating aquaculture system that farms pr Sign up to read more
| Allotment | Filed | Share Class | Round Size | Round Type |
|---|---|---|---|---|
2025-09-30 | £67k |
| Shareholder | Share class | Shares | Holding |
|---|---|---|---|
| RALPH CRUICKSHANK MAXWELL | B ORDINARY, ORDINARY | 273,708 | 14.7% |
| 8888888888888888888888 | 8888888888 | 8888888 | 88888 |
| 88888888888888888888888888 | 8888888888 | 8888888 | 88888 |
| 888888888888888888 | 8888888888 | 888888 | 8888 |
| 8888888888888 | 88888888 | 888888 | 8888 |
| 8888888888888 | 88888888 | 888888 | 8888 |
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Capital raised per employee divides the equity FLO-GRO SYSTEMS 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. FLO-GRO SYSTEMS LIMITED has 2 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
VOTING RIGHTS: THE B ORDINARY SHARES RANK EQUALLY FOR VOTING PURPOSES. ON A SHOW OF HANDS EACH HOLDER OF B ORDINARY SHARES HAS ONE VOTE AND ON A POLL EACH HOLDER OF B ORDINARY SHARES HAS ONE VOTE PER B ORDINARY SHARE HELD. DIVIDEND RIGHTS: SAVE AS PROVIDED IN THE ARTICLES OF ASSOCIATION, EACH B ORDINARY SHARE RANKS EQUALLY FOR ANY DIVIDEND DECLARED. DISTRIBUTION RIGHTS ON A WINDING UP: ON A RETURN OF ASSETS ON LIQUIDATION OR CAPITAL REDUCTION OR OTHERWISE (EXCEPT UPON THE REDEMPTION OF SHARES OF ANY CLASS OR THE PURCHASE BY THE COMPANY OF ITS OWN SHARES), THE ASSETS OF THE COMPANY REMAINING AFTER THE PAYMENT OF ITS LIABILITIES (THE "SURPLUS ASSETS") (INCLUDING ON A WINDING-UP) ARE DISTRIBUTED AS FOLLOWS: 1.1.1 WHERE THE SURPLUS ASSETS ARE OF A VALUE WHICH IS LESS THAN £5,500,000.00: (A) FIRSTLY, IN PAYING TO THE HOLDERS OF THE B DEFERRED SHARES, IF ANY, A TOTAL OF £0.01 FOR THE ENTIRE CLASS OF B DEFERRED SHARES (WHICH PAYMENT SHALL BE DEEMED SATISFIED BY THE PAYMENT TO ANY ONE HOLDER OF B DEFERRED SHARES); AND (B) SECONDLY, IN DISTRIBUTING THE BALANCE OF THE SURPLUS ASSETS AS TO 99.999% OF SUCH BALANCE OF THE SURPLUS ASSETS AMONGST THE HOLDERS OF THE ORDINARY SHARES PRO RATA TO THE NUMBER OF ORDINARY SHARES HELD BY THEM AND AS TO 0.001% OF SUCH BALANCE OF THE SURPLUS ASSETS AMONGST THE HOLDERS OF THE B ORDINARY SHARES PRO RATA TO THE NUMBER OF B ORDINARY SHARES HELD BY THEM; AND 1.1.2 WHERE THE SURPLUS ASSETS ARE OF A VALUE WHICH IS EQUAL TO
1)EACH SHARE IS ENTITLED TO ONE VOTE IN ANY CIRCUMSTANCE. 2)EACH SHARE IS ENTITLED PARRI PASSU TO DIVIDEND PAYMENTS OR ANY DISTRIBUTION. 3)EACH SHARE IS ENTITLED PARRI PASSU TO PARTICIPATE IN A DISTRIBUTION ARISING FROM ANY WINDING UP OF A COMPANY. 4)THE SHARES ARE NOT REDEEMABLE
These are the directors and secretaries who have left FLO-GRO SYSTEMS LIMITED. A resignation is filed with Companies House on form TM01 and the date below is the date the officer's appointment ended, not the date it was filed. Departures matter for reading a company's history: a founder leaving shortly after a funding round, or several directors resigning at once, is often the visible trace of a change of control or a restructure.