TWIST SOLUTIONS LTD, which operates under the brand name Tangible, provides a risk management and de Sign up to read more
| Allotment | Filed | Share Class | Round Size | Round Type |
|---|---|---|---|---|
2024-10-04 | £200k |
| Shareholder | Share class | Shares | Holding |
|---|---|---|---|
| WILLIAM FREDERICK GODFREY | ORDINARY | 550,000 | 48.3% |
| 8888888888888888888888 | 8888888888 | 8888888 | 88888 |
| 88888888888888888888888888 | 8888888888 | 8888888 | 88888 |
| 888888888888888888 | 8888888888 | 888888 | 8888 |
| 8888888888888 | 88888888 | 888888 | 8888 |
Companies with the most similar business descriptions.
Capital raised per employee divides the equity TWIST SOLUTIONS 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. TWIST SOLUTIONS LTD has 3 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
A) THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY AND TO RECEIVE AND VOTE ON PROPOSED WRITTEN RESOLUTIONS OF THE COMPANY. B) THE RIGHT TO PARTICIPATE IN A DIVIDEND PARI PASSU WITH THE SEED A AND SEED B SHARES. C) ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES) THE SURPLUS ASSETS OF THE COMPANY REMAING AFTER PAYMENT OF ITS LIABILITIES SHALL BE APPLIED (SUCH SURPLUS ASSETS OR CAPITAL BEING HEREINAFTER REFERRED TO AS THE “DISTRIBUTABLE FUNDS”) WILL BE DISTRIBUTED (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) IN THE FOLLOWING ORDER OF PRIORITY: (A) FIRST, IN PAYING TO THE HOLDERS OF DEFERRED SHARES, IF ANY, A TOTAL OF £1.00 FOR THE ENTIRE CLASS OF DEFERRED SHARES (WHICH SHALL BE DEEMED SATISFIED BY PAYMENT TO ANY ONE HOLDER OF DEFERRED SHARES); (B) SECOND, IN PAYING A SUM EQUAL TO £Y PLUS £100 (WHERE Y IS AN AMOUNT EQUAL TO THE AGGREGATE THRESHOLD AMOUNTS OF ALL OF THE SEED SHARES IN ISSUE AT THE RELEVANT TIME), TO BE DISTRIBUTED: (I) AS TO 0.001% TO THE HOLDERS OF ORDINARY SHARES PRO RATA TO THE NUMBER OF ORDINARY SHARES HELD BY THEM; AND (II) AS TO 99.999% TO THE HOLDERS OF SEED SHARES PRO RATA TO THE NUMBER OF SEED SHARES HELD BY THEM (PAYING AN AMOUNT PER SEED SHARE HELD EQUAL TO THE THRESHOLD AMOUNT), PROVIDED THAT, IF THERE ARE INSUFFICIENT DISTRIBUTABLE FUNDS TO PAY £Y PLUS £100, THE REMAINING DISTRIBUTABLE FUNDS SHALL BE DISTRIBUTED AMONGST THE HOLDERS OF THE SEED SHARES AND ORDINARY SHARES PRO RATA TO THEIR RESPECTIVE ENTITLEMENTS CALCULATED AS IF SUCH DISTRIBUTABLE FUNDS WERE AT LEAST EQUAL TO £Y PLUS £100; AND (C) ANY REMAINING DISTRIBUTABLE FUNDS SHALL BE DISTRIBUTED AS TO 0.001% AMONG THE HOLDERS OF SEED SHARES PRO RATA ACCORDING TO THE NUMBER OF SEED SHARES HELD BY THEM AND AS TO THE REMAINDER TO THE HOLDERS OF THE ORDINARY SHARES PRO RATA TO THE NUMBER OF ORDINARY SHARES HELD BY THEM. D) THE SHARES ARE NOT REDEEMABLE.
| 8888888888888 | 88888888 | 888888 | 8888 |
13 more shareholders on file , sign up free to see.
A) THE RIGHT TO RECEIVE NOTICE OF AND TO ATTEND, SPEAK AND VOTE AT ALL GENERAL MEETINGS OF THE COMPANY AND TO RECEIVE AND VOTE ON PROPOSED WRITTEN RESOLUTIONS OF THE COMPANY. B) THE RIGHT TO PARTICIPATE IN A DIVIDEND PARI PASSU WITH THE ORDINARY AND SEED B SHARES. C) ON A DISTRIBUTION OF ASSETS ON A LIQUIDATION OR A RETURN OF CAPITAL (OTHER THAN A CONVERSION, REDEMPTION OR PURCHASE OF SHARES) THE SURPLUS ASSETS OF THE COMPANY REMAING AFTER PAYMENT OF ITS LIABILITIES SHALL BE APPLIED (SUCH SURPLUS ASSETS OR CAPITAL BEING HEREINAFTER REFERRED TO AS THE “DISTRIBUTABLE FUNDS”) WILL BE DISTRIBUTED (TO THE EXTENT THAT THE COMPANY IS LAWFULLY PERMITTED TO DO SO) IN THE FOLLOWING ORDER OF PRIORITY: (A) FIRST, IN PAYING TO THE HOLDERS OF DEFERRED SHARES, IF ANY, A TOTAL OF £1.00 FOR THE ENTIRE CLASS OF DEFERRED SHARES (WHICH SHALL BE DEEMED SATISFIED BY PAYMENT TO ANY ONE HOLDER OF DEFERRED SHARES); (B) SECOND, IN PAYING A SUM EQUAL TO £Y PLUS £100 (WHERE Y IS AN AMOUNT EQUAL TO THE AGGREGATE THRESHOLD AMOUNTS OF ALL OF THE SEED SHARES IN ISSUE AT THE RELEVANT TIME), TO BE DISTRIBUTED: (I) AS TO 0.001% TO THE HOLDERS OF ORDINARY SHARES PRO RATA TO THE NUMBER OF ORDINARY SHARES HELD BY THEM; AND (II) AS TO 99.999% TO THE HOLDERS OF SEED SHARES PRO RATA TO THE NUMBER OF SEED SHARES HELD BY THEM (PAYING AN AMOUNT PER SEED SHARE HELD EQUAL TO THE THRESHOLD AMOUNT), PROVIDED THAT, IF THERE ARE INSUFFICIENT DISTRIBUTABLE FUNDS TO PAY £Y PLUS £100, THE REMAINING DISTRIBUTABLE FUNDS SHALL BE DISTRIBUTED AMONGST THE HOLDERS OF THE SEED SHARES AND ORDINARY SHARES PRO RATA TO THEIR RESPECTIVE ENTITLEMENTS CALCULATED AS IF SUCH DISTRIBUTABLE FUNDS WERE AT LEAST EQUAL TO £Y PLUS £100; AND (C) ANY REMAINING DISTRIBUTABLE FUNDS SHALL BE DISTRIBUTED AS TO 0.001% AMONG THE HOLDERS OF SEED SHARES PRO RATA ACCORDING TO THE NUMBER OF SEED SHARES HELD BY THEM AND AS TO THE REMAINDER TO THE HOLDERS OF THE ORDINARY SHARES PRO RATA TO THE NUMBER OF ORDINARY SHARES HELD BY THEM. D) THE SHARES ARE NOT REDEEMABLE.