Company Registration No. 14350612 (England and Wales)
E-commerce Network Tools Holdco Limited
Unaudited accounts
for the year ended 30 September 2024
E-commerce Network Tools Holdco Limited
Unaudited accounts
Contents
E-commerce Network Tools Holdco Limited
Company Information
for the year ended 30 September 2024
Directors
Jorge Fonturbel
Lina Chong
Company Number
14350612 (England and Wales)
Registered Office
5 New Street Square
London
EC4A 3TW
United Kingdom
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
E-commerce Network Tools Holdco Limited
Statement of financial position
as at 30 September 2024
Investments
1,731,243
1,731,243
Cash at bank and in hand
5,528
6,382
Creditors: amounts falling due within one year
(2,219)
(720)
Net current assets
3,309
5,663
Net assets
1,734,552
1,736,906
Called up share capital
1
1
Share premium
1,739,129
1,739,129
Profit and loss account
(4,578)
(2,224)
Shareholders' funds
1,734,552
1,736,906
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2025 and were signed on its behalf by
Jorge Fonturbel
Director
Company Registration No. 14350612
E-commerce Network Tools Holdco Limited
Notes to the Accounts
for the year ended 30 September 2024
E-commerce Network Tools Holdco Limited is a private company, limited by shares, registered in England and Wales, registration number 14350612. The registered office is 5 New Street Square, London, EC4A 3TW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings
Valuation at 1 October 2023
1,731,243
Valuation at 30 September 2024
1,731,243
The nature of the equity investment was a capital contribution to the subsidiary’s free capital reserves.
No additional shares were issued by the subsidiary.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
719
-
7
Post balance sheet events
The investment relates to the wholly owned subsidiary, E-Commerce Network Tools OpCo GmbH, which ceased to trade on 2 April 2025. The subsidiary company has returned residual capital of €750k post year end in anticipation of closure. The carrying value of the investment has been written down post year end accordingly.
E-commerce Network Tools Holdco Limited
Notes to the Accounts
for the year ended 30 September 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).