The Communication Gateway Ltd is a UK‑based internet service provider that offers broadband, telepho Sign up to read more
| Allotment | Filed | Share Class | Round Size | Round Type |
|---|---|---|---|---|
2022-01-16 | £10k |
| Shareholder | Share class | Shares | Holding |
|---|---|---|---|
| CHRIS SMITH | A ORDINARY | 50 | 50.0% |
| 8888888888888888888888 | 8888888888 | 8888888 | 88888 |
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Capital raised per employee divides the equity THE COMMUNICATION GATEWAY 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. THE COMMUNICATION GATEWAY LTD has 2 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
EACH SHARE HAS FULL RIGHTS IN THE COMPANY WITH RESPECT TO VOTING, DIVIDENDS AND DISTRIBUTIONS
EACH SHARE HAS FULL RIGHTS IN THE COMPANY WITH RESPECT TO VOTING, BUT IS NOT ELIGIBLE TO RECEIVE DIVIDENDS OR DISTRIBUTIONS
These are the directors and secretaries who have left THE COMMUNICATION GATEWAY 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.