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Nutmeg

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Financial bias: 2.7
Team bias: 4.1
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Nutmeg

Summary:
Financial Services

#fintech #roboadvice #platform #grandeo100


Robo advisor on investment portfolios, ISAs and pensions
Venture:
NUTMEG SAVING AND INVESTMENT LIMITED
active
#07503666
213800GI1LKW2KY84R66
Born: Jan11

GOticker:
nutmeg
API:
If you would like to use the API then please register / logon



Business regulatory status: FCA 552016 01Apr13

valuation



market price valuation
GBP 120m
(as at 15Nov16)

media driven valuation
GBP 120m

valuations methodology

algo says

Founder(s) highly focused

Scaleable

Last accounts are audited

Regulated

Good board

High media presence

Momentum

Quality investors


Complex business constitution

Operate in very competitive sector

Unprofitable



featured

finances

as at ebit na(nl) equity debt cash
31Dec16 -9,381 28,673 58,382 0 27,890
Source: UK Companies House - Audited Accounts RSM GBP 'OOOs
31Dec15 -9,074 9,367 29,427 0 8,935
Source: Companies House RSM GBP 'OOOs
31Dec14 -5,353 17,162 28,581 ukn 17,000
Source: Companies House Baker Tilly UK GBP 'OOOs
31Dec13 -3,706 3,406 9,540 ukn 3,329
Source: Companies House Baker Tilly UK GBP 'OOOs
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controllers

shareholders

Balderton Capital
If you would like to view the shareholders (people and companies) then please register / logon

cap-table

EQUITY GBP ORDINARY

THE SHARES HAVE ATTACHED TO THEM FULL VOTING RIGHTS. NO DIVIDEND SHALL BE PAID WITHOUT INVESTOR CONSENT. SUBJECT TO INVESTOR CONSENT, ANY PROFITS WHICH THE DIRECTORS MAY LAWFULLY DETERMINE TO DISTRIBUTE IN RESPECT OF ANY FINANCIAL YEAR SHALL BE DISTRIBUTED TO THE HOLDERS OF SHARES PRO RA TA ACCORDING TO THE NUMBER OF SHARES HELD BY EACH OF THEM. ON A CAPITAL DISTRIBUTION EVENT OR A SHARE SALE, THE EXIT PROCEEDS SHALL BE DISTRIBUTED AMONG THE SHAREHOLDERS AS AT THE DATE ON WHICH THE CAPITAL DISTRIBUTION EVENT OR COMPLETION OF THE SHARE SALE TAKES PLACE AS FOLLOWS: (1) TO THE AGGREGATE PREFERRED ORDINARY SHAREHOLDERS AN AMOUNT EQUAL TO THE GREATER OF (A) THE SUBSCRIPTION AMOUNT PAID FOR THE SHARES PLUS ANY ARREAR OR ACCRUALS OF DIVIDEND DUE OR DECLARED ON SUCH SHARES BUT UNPAID; OR (B) THE AMOUNT THEY WOULD HAVE RECEIVED FOR THE AGGREGATE PREFERRED ORDINARY SHARES HAD THEY BEEN CONVERTED TO ORDINARY SHARES AND THE EXIT PROCEEDS HAD BEEN DISTRIBUTED AMONGST THE SHAREHOLDERS PRO RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY; AND (2) THEREAFTER THE BALANCE OF THE EXIT PROCEEDS (IF ANY) SHALL BE DISTRIBUTED TO EACH OF THE ORDINARY SHAREHOLDERS AND NON-VOTING ORDINARY SHAREHOLDERS PRO-RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY.

24Jan17

EQUITY GBP PREFERRED ORDINARY

THE SHARES HAVE ATTACHED TO THEM FULL VOTING RIGHTS. NO DIVIDEND SHALL BE PAID WITHOUT INVESTOR CONSENT. SUBJECT TO INVESTOR CONSENT, ANY PROFITS WHICH THE DIRECTORS MAY LAWFULLY DETERMINE TO DISTRIBUTE IN RESPECT OF ANY FINANCIAL YEAR SHALL BE DISTRIBUTED TO THE HOLDERS OF SHARES PRO RA TA ACCORDING TO THE NUMBER OF SHARES HELD BY EACH OF THEM. ON A CAPITAL DISTRIBUTION EVENT OR A SHARE SALE, THE EXIT PROCEEDS SHALL BE DISTRIBUTED AMONG THE SHAREHOLDERS AS AT THE DATE ON WHICH THE CAPITAL DISTRIBUTION EVENT OR COMPLETION OF THE SHARE SALE TAKES PLACE AS FOLLOWS: (1) TO THE AGGREGATE PREFERRED ORDINARY SHAREHOLDERS AN AMOUNT EQUAL TO THE GREATER OF (A) THE SUBSCRIPTION AMOUNT PAID FOR THE SHARES PLUS ANY ARREAR OR ACCRUALS OF DIVIDEND DUE OR DECLARED ON SUCH SHARES BUT UNPAID; OR (B) THE AMOUNT THEY WOULD HAVE RECEIVED FOR THE AGGREGATE PREFERRED ORDINARY SHARES HAD THEY BEEN CONVERTED TO ORDINARY SHARES AND THE EXIT PROCEEDS HAD BEEN DISTRIBUTED AMONGST THE SHAREHOLDERS PRO RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY; AND (2) THEREAFTER THE BALANCE OF THE EXIT PROCEEDS (IF ANY) SHALL BE DISTRIBUTED TO EACH OF THE ORDINARY SHAREHOLDERS AND NON-VOTING ORDINARY SHAREHOLDERS PRO-RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY.

24Jan17

EQUITY GBP NON-VOTING ORDINARY

THE NON-VOTING ORDINARY SHARES HAVE A RIGHT TO ATTEND AND SPEAK BUT NOT TO VOTE AT GENERAL MEETINGS NOR VOTE ON A WRITTEN RESOLUTION. NO DIVIDEND SHALL BE PAID ON ANY SHARE WITHOUT INVESTOR CONSENT. SUBJECT TO INVESTOR CONSENT, ANY PROFITS WHICH THE DIRECTORS MAY LAWFULLY DETERMINE TO DISTRIBUTE IN RESPECT OF ANY FINANCIAL YEAR SHALL BE DISTRIBUTED TO THE HOLDERS OF SHARES PRO RATA ACCORDING TO THE NUMBER OF SHARES HELD BY EACH OF THEM. ON A CAPITAL DISTRIBUTION EVENT OR A SHARE SALE, THE EXIT PROCEEDS SHALL BE DISTRIBUTED AMONG THE SHAREHOLDERS AS AT THE DATE ON WHICH THE CAPITAL DISTRIBUTION EVENT OR COMPLETION OF THE SHARE SALE TAKES PLACE AS FOLLOWS: (1) TO THE AGGREGATE PREFERRED ORDINARY SHAREHOLDERS AN AMOUNT EQUAL TO THE GREATER OF (A) THE SUBSCRIPTION AMOUNT PAID FOR THE SHARES PLUS ANY ARREAR OR ACCRUALS OF DIVIDEND DUE OR DECLARED ON SUCH SHARES BUT UNPAID; OR (B) THE AMOUNT THEY WOULD HAVE RECEIVED FOR THE AGGREGATE PREFERRED ORDINARY SHARES HAD THEY BEEN CONVERTED TO ORDINARY SHARES AND THE EXIT PROCEEDS HAD BEEN DISTRIBUTED AMONGST THE SHAREHOLDERS PRO RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY; AND (2) THEREAFTER THE BALANCE OF THE EXIT PROCEEDS (IF ANY) SHALL BE DISTRIBUTED TO EACH OF THE ORDINARY SHAREHOLDERS AND NON-VOTING ORDINARY SHAREHOLDERS PRO-RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY.

24Jan17

EQUITY GBP C PREFERRED ORDINARY

THE SHARES HAVE ATTACHED TO THEM FULL VOTING RIGHTS. NO DIVIDEND SHALL BE PAID WITHOUT INVESTOR CONSENT. SUBJECT TO INVESTOR CONSENT, ANY PROFITS WHICH THE DIRECTORS MAY LAWFULLY DETERMINE TO DISTRIBUTE IN RESPECT OF ANY FINANCIAL YEAR SHALL BE DISTRIBUTED TO THE HOLDERS OF SHARES PRO RA TA ACCORDING TO THE NUMBER OF SHARES HELD BY EACH OF THEM. ON A CAPITAL DISTRIBUTION EVENT OR A SHARE SALE, THE EXIT PROCEEDS SHALL BE DISTRIBUTED AMONG THE SHAREHOLDERS AS AT THE DATE ON WHICH THE CAPITAL DISTRIBUTION EVENT OR COMPLETION OF THE SHARE SALE TAKES PLACE AS FOLLOWS: (1) TO THE AGGREGATE PREFERRED ORDINARY SHAREHOLDERS AN AMOUNT EQUAL TO THE GREATER OF (A) THE SUBSCRIPTION AMOUNT PAID FOR THE SHARES PLUS ANY ARREAR OR ACCRUALS OF DIVIDEND DUE OR DECLARED ON SUCH SHARES BUT UNPAID; OR (B) THE AMOUNT THEY WOULD HAVE RECEIVED FOR THE AGGREGATE PREFERRED ORDINARY SHARES HAD THEY BEEN CONVERTED TO ORDINARY SHARES AND THE EXIT PROCEEDS HAD BEEN DISTRIBUTED AMONGST THE SHAREHOLDERS PRO RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY; AND (2) THEREAFTER THE BALANCE OF THE EXIT PROCEEDS (IF ANY) SHALL BE DISTRIBUTED TO EACH OF THE ORDINARY SHAREHOLDERS AND NON-VOTING ORDINARY SHAREHOLDERS PRO-RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY.

24Jan17

EQUITY GBP B PREFERRED ORDINARY

THE SHARES HAVE ATTACHED TO THEM FULL VOTING RIGHTS. NO DIVIDEND SHALL BE PAID WITHOUT INVESTOR CONSENT. SUBJECT TO INVESTOR CONSENT, ANY PROFITS WHICH THE DIRECTORS MAY LAWFULLY DETERMINE TO DISTRIBUTE IN RESPECT OF ANY FINANCIAL YEAR SHALL BE DISTRIBUTED TO THE HOLDERS OF SHARES PRO RA TA ACCORDING TO THE NUMBER OF SHARES HELD BY EACH OF THEM. ON A CAPITAL DISTRIBUTION EVENT OR A SHARE SALE, THE EXIT PROCEEDS SHALL BE DISTRIBUTED AMONG THE SHAREHOLDERS AS AT THE DATE ON WHICH THE CAPITAL DISTRIBUTION EVENT OR COMPLETION OF THE SHARE SALE TAKES PLACE AS FOLLOWS: (1) TO THE AGGREGATE PREFERRED ORDINARY SHAREHOLDERS AN AMOUNT EQUAL TO THE GREATER OF (A) THE SUBSCRIPTION AMOUNT PAID FOR THE SHARES PLUS ANY ARREAR OR ACCRUALS OF DIVIDEND DUE OR DECLARED ON SUCH SHARES BUT UNPAID; OR (B) THE AMOUNT THEY WOULD HAVE RECEIVED FOR THE AGGREGATE PREFERRED ORDINARY SHARES HAD THEY BEEN CONVERTED TO ORDINARY SHARES AND THE EXIT PROCEEDS HAD BEEN DISTRIBUTED AMONGST THE SHAREHOLDERS PRO RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY; AND (2) THEREAFTER THE BALANCE OF THE EXIT PROCEEDS (IF ANY) SHALL BE DISTRIBUTED TO EACH OF THE ORDINARY SHAREHOLDERS AND NON-VOTING ORDINARY SHAREHOLDERS PRO-RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY.

24Jan17

EQUITY GBP D PREFERRED ORDINARY

THE SHARES HAVE ATTACHED TO THEM FULL VOTING RIGHTS. NO DIVIDEND SHALL BE PAID WITHOUT INVESTOR CONSENT. SUBJECT TO INVESTOR CONSENT, ANY PROFITS WHICH THE DIRECTORS MAY LAWFULLY DETERMINE TO DISTRIBUTE IN RESPECT OF ANY FINANCIAL YEAR SHALL BE DISTRIBUTED TO THE HOLDERS OF SHARES PRO RA TA ACCORDING TO THE NUMBER OF SHARES HELD BY EACH OF THEM. ON A CAPITAL DISTRIBUTION EVENT OR A SHARE SALE, THE EXIT PROCEEDS SHALL BE DISTRIBUTED AMONG THE SHAREHOLDERS AS AT THE DATE ON WHICH THE CAPITAL DISTRIBUTION EVENT OR COMPLETION OF THE SHARE SALE TAKES PLACE AS FOLLOWS: (1) TO THE AGGREGATE PREFERRED ORDINARY SHAREHOLDERS AN AMOUNT EQUAL TO THE GREATER OF (A) THE SUBSCRIPTION AMOUNT PAID FOR THE SHARES PLUS ANY ARREAR OR ACCRUALS OF DIVIDEND DUE OR DECLARED ON SUCH SHARES BUT UNPAID; OR (B) THE AMOUNT THEY WOULD HAVE RECEIVED FOR THE AGGREGATE PREFERRED ORDINARY SHARES HAD THEY BEEN CONVERTED TO ORDINARY SHARES AND THE EXIT PROCEEDS HAD BEEN DISTRIBUTED AMONGST THE SHAREHOLDERS PRO RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY; AND (2) THEREAFTER THE BALANCE OF THE EXIT PROCEEDS (IF ANY) SHALL BE DISTRIBUTED TO EACH OF THE ORDINARY SHAREHOLDERS AND NON-VOTING ORDINARY SHAREHOLDERS PRO-RATA TO THE NUMBER OF SHARES HELD BY THEM RESPECTIVELY.

24Jan17

people (10)

HUNGERFORD, Nicholas Walter logo 3 3
HUNGERFORD, Nicholas Walter
#director #founder
26Jan11
@barclays

#British #38yo
STEAD, Martin Clive logo 1 1
STEAD, Martin Clive
#director #ceo
13May16
@edf @p&g @cantab

#British #41yo
CHEN, Johnny logo 1 1
CHEN, Johnny
#director
15Dec16
@zurich @pwc @kpmg

#Chinese #58yo
ANDERSON, Craig Brian logo 14 21
ANDERSON, Craig Brian
#director
10Aug11
@pentech

#British #49yo
HUANG, I Meng logo 1 1
HUANG, I Meng
#director
26Oct17

#Taiwanese #55yo
GEORGE, Nicholas logo 1 4
GEORGE, Nicholas
#director
30Oct12
@jpmorgan @hsbc

#British #64yo
CLARK, Stephen logo 7 32
CLARK, Stephen
#director
17Feb14
@oppenheimer @natwest

#British #70yo
AEGERTER, Daniel Simon logo 1 2
AEGERTER, Daniel Simon
#director
30Oct12
@armada

#Swiss #49yo
BUNTING, Timothy Brian logo 22 39
BUNTING, Timothy Brian
#director
07Jul14
@balderton @goldmansachs @cantab

#British #55yo
TAYLOR WESSING SECRETARIES LIMITED
#corporate-secretary
24Jan11
4
TODD, William Robert
#director #founder
01Feb11
12Aug14 (res)

7
COWLES, Lee Andrew
#director #md
20Feb13
15Apr16 (res)
@betfair
BURSBY, Richard Michael
#director
24Jan11
26Jan11 (res)

HUNTSMOOR LIMITED
#corporate-director
24Jan11
26Jan11 (res)

HUNTSMOOR NOMINEES LIMITED
#corporate-director
24Jan11
26Jan11 (res)

MOENS, Marc Frans Julia
#director
14Apr11
10Aug11 (res)
@pentech
PYE, David John
#director
06Oct11
30Oct12 (res)

1
AEGERTER, Daniel Simon
#director
30Mar12
05Oct12 (res)
@Armada
1
TOSATO, Massimo
#director
07Jul14
31Dec16 (res)
@Schroders

news

Nutmeg to offer challenger bank's customers robo-advice
Financial Times 11Jul17
Nutmeg to cut charges as robo competition intensifies
Financial Times 14Jan17
Nutmeg adds £12m to Series D, bringing total to £42m
UKTN 23Dec16
The founder of fintech startup Nutmeg has stepped aside as CEO
Business Insider 07May16
Nutmeg customers caught in data breach
Financial Times 13Nov15
9/22/2018 11:04:54 AM

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