Glover Engineering Services Ltd specializes in the manufacture of metal structures and parts of stru Sign up to read more
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Capital raised per employee divides the equity GLOVER ENGINEERING SERVICES LTD 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. GLOVER ENGINEERING SERVICES LTD has 5 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
ONE SHARE EQUALS ONE VOTE, EACH HAVING RIGHTS TO DIVIDENDS, SO LONG AS THERE ARE NO RIGHTS ATTACHED TO SHARES ON WINDING-UP ETC OR REDEMPTION RIGHTS
ALL SHARES RANK EQUALLY WITH THE REGARDS TO VOTING RIGHTS, RIGHTS IN RESPECT OF DIVIDENDS, CAPITAL AND DISTRIBUTION OF CAPITAL IN THE EVENT OF THE COMPANY BEING WOUND UP
NO VOTING RIGHTS RIGHTS TO A DIVIDEND NO RIGHTS TO CAPITAL DISTRIBUTION
NO VOTING RIGHTS RIGHTS TO A DIVIDEND NO RIGHT TO A CAPITAL DISTRIBUTION
These are the directors and secretaries who have left GLOVER ENGINEERING SERVICES LTD. 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.
NO VOTING RIGHTS RIGHTS IN RESPECT OF DIVIDENDS NO RIGHTS TO A DISTRIBUTION OF CAPITAL