GLASSHOUSE GENERATION LIMITED is classified under SIC code 35110, which indicates the company is inv Sign up to read more
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| Shareholder | Share class | Shares | Holding |
|---|---|---|---|
| P3P IOW HOLDINGS LIMITEDCORP | DEFERRED, ORDINARY | 8,256,914 | 100.0% |
Capital raised per employee divides the equity GLASSHOUSE GENERATION 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. GLASSHOUSE GENERATION LIMITED has 2 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
THE DEFERRED SHARES SHALL (1) IN RESPECT OF EACH FINANCIAL YEAR OF THE COMPANY, CARRY A RIGHT TO RECEIVE A FIXED PREFERENTIAL DIVIDEND FROM THE REVENUE PROFITS OF THE COMPANY WHICH ARE AVAILABLE FOR DISTRIBUTION AND WHICH THE DIRECTORS DETERMINE TO DISTRIBUTE BY WAY OF DIVIDEND IN PRIORITY TO ANY DIVIDEND PAYABLE ON THE ORDINARY SHARES AT THE RATE OF 1P PER ANNUM, TO BE PAID (IN AGGREGATE) AMONGST THE DEFERRED SHAREHOLDERS AS A CLASS BUT CONFER NO OTHER RIGHT TO A DIVIDEND; (2) NOT CONFER ANY RIGHT TO RECEIVE NOTICE OF, OR ATTEND OR VOTE AT GENERAL MEETINGS; AND (3) ON A WINDING UP, CONFER A PREFERENTIAL RIGHT TO BE PAID OUT OF THE ASSETS OF THE COMPANY AVAILABLE FOR DISTRIBUTION AN AMOUNT EQUAL TO 1P IN AGGREGATE FOR ALL THE DEFERRED SHARES PRIOR TO THE SURPLUS BEING DISTRIBUTED TO THE ORDINARY SHAREHOLDERS, BUT DO NOT CONFER ANY OTHER RIGHT TO PARTICIPATE IN ANY SURPLUS ASSETS OF THE COMPANY.
THE PROFITS OF THE COMPANY WHICH THE COMPANY MAY SO RESOLVE TO DISTRIBUTE SHALL BE DISTRIBUTED AMONGST THE ORDINARY SHAREHOLDERS PARI PASSU AND THE AMOUNT PAYABLE SHALL BE CALCULATED BY REFERENCE AND IN PROPORTION TO THE AMOUNTS PAID UP OR CREDITED AS PAID UP IN RELATION TO THE NOMINAL VALUE ONLY OF THE ORDINARY SHARES HELD BY EACH OF THEM RESPECTIVELY. ON A RETURN OF ASSETS ON A LIQUIDATION OR CAPITAL REDUCTION OR SIMILAR, THE ASSETS OF THE COMPANY REMAINING AFTER THE PAYMENT OF ITS LIABILITIES SHALL BE DISTRIBUTED AMONGST THE ORDINARY SHAREHOLDERS PARI PASSU AND THE AMOUNT PAYABLE SHALL BE CALCULATED BY REFERENCE AND IN PROPORTION TO THE NOMINAL VALUE ONLY OF SUCH SHARES HELD BY EACH OF THEM RESPECTIVELY (AS A PROPORTION OF THE AGGREGATE NOMINAL VALUE OF ALL SHARES IN THE COMPANY). ON A SHOW OF HANDS, EVERY MEMBER WHO (BEING AN INDIVIDUAL) IS PRESENT IN PERSON OR (BEING
These are the directors and secretaries who have left GLASSHOUSE GENERATION 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.