NO PROPERTIES 2 LIMITED operates as a holding company, primarily engaged in owning and managing shar Sign up to read more
| Allotment | Filed | Share Class | Round Size | Round Type |
|---|---|---|---|---|
2026-07-13 | £6.7M |
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Accounts not filed
Capital raised per employee divides the equity NO PROPERTIES 2 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. NO PROPERTIES 2 LIMITED has 2 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
(A) EACH A ORDINARY SHARE IS ENTITLED TO ONE VOTE IN ANY CIRCUMSTANCES. (B) EACH A ORDINARY SHARE IS ENTITLED PARI PASSU TO DIVIDEND PAYMENTS OR OTHER DISTRIBUTION WHICH RELATES TO THE GNL ASSETS (AS DEFINED IN THE ARTICLES), TO THE EXCLUSION OF THE HOLDERS OF ANY OTHER CLASS OF SHARE. (C) EACH A ORDINARY SHARE IS ENTITLED PARI PASSU TO PARTICIPATE IN A DISTRIBUTION ARISING FROM A RETURN OF ASSETS (WHETHER ON A REDUCTION OF CAPITAL, WINDING UP OR OTHERWISE) OF THE GNL ASSETS, FREE FROM ALL THIRD PARTY RIGHTS TO THE EXCLUSION OF THE HOLDERS OF ANY OTHER CLASS OF SHARE.
(A) EACH B ORDINARY SHARE IS ENTITLED TO ONE VOTE IN ANY CIRCUMSTANCES. (B) EACH B ORDINARY SHARE IS ENTITLED PARI PASSU TO DIVIDEND PAYMENTS OR OTHER DISTRIBUTION WHICH RELATES TO THE WPL ASSETS (AS DEFINED IN THE ARTICLES), TO THE EXCLUSION OF THE HOLDERS OF ANY OTHER CLASS OF SHARE. (C) EACH B ORDINARY SHARE IS ENTITLED PARI PASSU TO PARTICIPATE IN A DISTRIBUTION ARISING FROM A RETURN OF ASSETS (WHETHER ON A REDUCTION OF CAPITAL, WINDING UP OR OTHERWISE) OF THE WPL ASSETS, FREE FROM ALL THIRD PARTY RIGHTS TO THE EXCLUSION OF THE HOLDERS OF ANY OTHER CLASS OF SHARE.