Company registration number: 07662477
COMPANY INFORMATION
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 2 to 6 form part of these financial statements.
Page 1
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ExtraHop Networks UK Limited is a private company limited by shares, incorporated and domiciled in England and Wales. The address of its registered office is 5 Churchill Place, 10th Floor, London, E14 5HU.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The directors consider that the preparation of the financial statements on a going concern basis is appropriate as the company’s parent undertaking Extrahop Inc., has provided the company with confirmation that for at least 12 months from the date of approval of these financial statements they will provide adequate support to the company as may be required.
As a result of the actions described above, the directors have a reasonable expectation that the Company has
adequate resources to continue in operational existence for a period of at least twelve months from when the
financial statements are authorised for issue.
Accordingly, they continue to adopt the going concern basis in preparing the financial statements with no material uncertainty.
As a result of the actions described above, the directors have a reasonable expectation that the Company has
adequate resources to continue in operational existence for a period of at least twelve months from when the
financial statements are authorised for issue.
Accordingly, they continue to adopt the going concern basis in preparing the financial statements with no material uncertainty.
The turnover in the Income Statement represents amounts recharged during the period to ExtraHop Networks Inc, exclusive of Value Added tax and in accordance with the service agreement.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
The Company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans
to related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting
period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is
recognised in the Income Statement.
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans
to related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting
period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is
recognised in the Income Statement.
Functional and presentation currency
The foreign exchange rate at the year end was:
GBP to USD: 1:1.25651 (2023:1:1.27303).
The average exchange rate during the year was:
GBP to USD: 1:1.279103 (2023: 1:1.243779).
Transactions and balances
The ultimate parent company, BCPE Emerald Holdings, Inc, operates an equity settled share-based payment scheme under which time vesting and performance vesting options are issued to certain employees (including directors). Equity-settled share based payments are measured at fair value at the date of grant. The fair value determined at the grant date of the equity settled share based payments is expensed on a straight line basis, in accordance with FRS 102(1A) over the vesting period, together with a corresponding increase in equity.
The fair value of each time vesting option is measured using the Black-Scholes pricing model. The expected value used in the model has been adjusted based on management's best estimate, for the effect on non-transferability, exercise restrictions and behavioural considerations. The fair value of each performance vesting option is measured using the Monte Carlo model. Use of a valuation model requires management to make certain assumptions with respect to selected model inputs.
The fair value of each time vesting option is measured using the Black-Scholes pricing model. The expected value used in the model has been adjusted based on management's best estimate, for the effect on non-transferability, exercise restrictions and behavioural considerations. The fair value of each performance vesting option is measured using the Monte Carlo model. Use of a valuation model requires management to make certain assumptions with respect to selected model inputs.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
Page 4
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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Page 5
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The immediate parent undertaking is ExtraHop Networks Inc , a company incorporated in the United States of America and the smallest parent entity who prepares consolidated accounts. The address of its registered office is 520 Pike Street, Suite 1600, Seattle, WA 98101, USA.
The audit report was signed on 29 September 2025 by Sophie Said FCA (Senior Statutory Auditor) on behalf of Menzies LLP .
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