Cap table
Cap table management
A clear, accurate record of who owns what, through every round, grant and transfer.
Where it applies
We provide cap table consultancy. It suits any UK company with more than a handful of shareholders, from a start-up after its first round to a business with several share classes and an employee scheme. Talk to us if you need to:
- Prepare a clean cap table for investor due diligence
- Model a funding round before you agree terms
- Set up or run an employee share scheme
- See what each shareholder receives on a sale
- Move your cap table out of spreadsheets
What it covers
Shareholdings
- Hold every shareholder and holding in one register, with certificates and agreements attached
- Record share classes and their rights, such as voting, dividends and liquidation preference
- Record share issues and transfers as they happen, with the full history kept
Funding rounds
- Record each round, from the price per share to the investors who took part
- Convert loan notes and similar instruments on the agreed terms
- Model a proposed round before you agree terms, showing ownership before and after
Employee share schemes
- Track option pools, grants and exercises for each employee
- Apply vesting schedules, and leaver terms when someone leaves
Scenarios and exits
- See fully diluted ownership, including options and convertibles
- Model exit waterfalls, showing what each shareholder receives at a given sale value
Governance and filings
- Link board and shareholder approvals to each change
- Prepare statutory filings, such as share allotments and annual confirmations
Live reporting
- Shareholder register, fully diluted cap table and option ledger
- Ownership by shareholder, share class and round
…and more
How it connects
Cap table management draws on your company records, shareholder agreements and workforce. It feeds financial plans, board packs and investor reporting.
Runs onConsultancy
Talk to us about Cap table management.
Book a meeting 20 minutes is usually enough to know if we can help.
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