SurgEase Innovations Ltd is a UK medical‑technology company that develops clinician‑led surgical dev Sign up to read more
| Allotment | Filed | Share Class | Round Size | Round Type |
|---|---|---|---|---|
2023-08-30 | £47k |
| Shareholder | Share class | Shares | Holding |
|---|---|---|---|
| FAREED IQBAL | ORDINARY | 1,000,000 | 46.5% |
| 8888888888888888888888 | 8888888888 | 8888888 | 88888 |
| 88888888888888888888888888 | 8888888888 | 8888888 | 88888 |
| 888888888888888888 | 8888888888 | 888888 | 8888 |
| 8888888888888 | 88888888 | 888888 | 8888 |
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Capital raised per employee divides the equity SURGEASE INNOVATIONS 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. SURGEASE INNOVATIONS LIMITED has 4 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
THE B ORDINARY S(NON VOTING) ARE ORDINARY SHARES THAT DO NOT CARRY ANY PRESENT OR FUTURE PREFERENTIAL RIGHT TO DIVIDENDS. THEY HAVE ATTACHED TO THEM NO VOTING RIGHTS, REDEMPTION RIGHTS, OR FURTHER PREFERENCE RIGHTS. HOWEVER, IN THE EVENT OF A WINDING UP OF THE COMPANY, THE PREFERENCE SHARES HOLD A 1X LIQUIDATION PREFERENCE, WHICH MEANS THAT THE SHAREHOLDERS HOLDING THESE SHARES HAVE THE RIGHT TO RECEIVE THEIR ORIGINAL INVESTMENT AMOUNT BACK BEFORE ANY OTHER SHAREHOLDERS OR STAKEHOLDERS RECEIVE ANY PROCEEDS FROM THE COMPANY'S ASSETS. ADDITIONALLY, THE PREFERENCE SHARES HAVE NO SPECIFIC CAPITAL DISTRIBUTION RIGHTS BEYOND PRO RATA RIGHTS IN PROPORTION TO THE TOTAL NUMBER OF ORDINARY SHARES.
THE C ORDINARY (NON VOTING) ARE ORDINARY SHARES THAT DO NOT CARRY ANY PRESENT OR FUTURE PREFERENTIAL RIGHT TO DIVIDENDS. THEY HAVE ATTACHED TO THEM NO VOTING RIGHTS, REDEMPTION RIGHTS, OR FURTHER PREFERENCE RIGHTS. HOWEVER, IN THE EVENT OF A WINDING UP OF THE COMPANY, THE PREFERENCE SHARES HOLD A 1X LIQUIDATION PREFERENCE, WHICH MEANS THAT THE SHAREHOLDERS HOLDING THESE SHARES HAVE THE RIGHT TO RECEIVE THEIR ORIGINAL INVESTMENT AMOUNT BACK BEFORE ANY OTHER SHAREHOLDERS OR STAKEHOLDERS RECEIVE ANY PROCEEDS FROM THE COMPANY'S ASSETS. ADDITIONALLY, THE PREFERENCE SHARES HAVE NO SPECIFIC CAPITAL DISTRIBUTION RIGHTS BEYOND PRO RATA RIGHTS IN PROPORTION TO THE TOTAL NUMBER OF ORDINARY SHARES.
These are the directors and secretaries who have left SURGEASE INNOVATIONS 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.
| 88888888 |
| 888888 |
| 8888 |
84 more shareholders on file , sign up free to see.
THE ORDINARY SHARES ARE ORDINARY SHARES THAT DO NOT CARRY ANY PRESENT OR FUTURE PREFERENTIAL RIGHT TO DIVIDENDS. THEY HAVE ATTACHED TO THEM NO VOTING RIGHTS, REDEMPTION RIGHTS, OR FURTHER PREFERENCE RIGHTS. HOWEVER, IN THE EVENT OF A WINDING UP OF THE COMPANY, THE PREFERENCE SHARES HOLD A 1X LIQUIDATION PREFERENCE, WHICH MEANS THAT THE SHAREHOLDERS HOLDING THESE SHARES HAVE THE RIGHT TO RECEIVE THEIR ORIGINAL INVESTMENT AMOUNT BACK BEFORE ANY OTHER SHAREHOLDERS OR STAKEHOLDERS RECEIVE ANY PROCEEDS FROM THE COMPANY'S ASSETS. ADDITIONALLY, THE PREFERENCE SHARES HAVE NO SPECIFIC CAPITAL DISTRIBUTION RIGHTS BEYOND PRO RATA RIGHTS IN PROPORTION TO THE TOTAL NUMBER OF ORDINARY SHARES.
THE PREFERENCE SHARES ARE PREFERENCE SHARES THAT DO NOT CARRY ANY PRESENT OR FUTURE PREFERENTIAL RIGHT TO DIVIDENDS, TO THE COMPANY'S ASSETS ON A WINDING UP, OR TO BE REDEEMED IN PREFERENCE TO SHARES IN ANY OTHER