ESSDOCS VENTURES I LIMITED

• ⚠

  Material uncertainty over going concern

  The directors have prepared these financial statements on the going concern basis, notwithstanding that at the balance sheet date the company's liabilities exceeded its assets by £5,954,992 (2023: £3,884,462). The validity of the going concern basis is dependent on the continued support of the company's immediate UK parent undertaking, Intercontinental Exchange Holdings, who has confirmed that it will continue to provide the company with financial support for the foreseeable future and for not less than 12 months from the date of approval of these financial statements but only to the extent that money is not otherwise available to you to meet such liabilities. Accordingly, these financial statements do not include any adjustments that would result from the discontinuance of their financial support. On this basis, the director considers that it is appropriate for the financial statements to be prepared on the going concern basis.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  -22.8%

  £1,230 → £950

• Net assets

  -53.3%

  -£3,884,462 → -£5,954,992

• Employees

  —

  Not reported

• Operating profit

  -558.2%

  £451,897 → -£2,070,530

• Profit before tax

  -558.2%

  £451,897 → -£2,070,530

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Gerald Edelman LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have prepared these financial statements on the going concern basis, notwithstanding that at the balance sheet date the company's liabilities exceeded its assets by £5,954,992 (2023: £3,884,462). The validity of the going concern basis is dependent on the continued support of the company's immediate UK parent undertaking, Intercontinental Exchange Holdings, who has confirmed that it will continue to provide the company with financial support for the foreseeable future and for not less than 12 months from the date of approval of these financial statements but only to the extent that money is not otherwise available to you to meet such liabilities. Accordingly, these financial statements do not include any adjustments that would result from the discontinuance of their financial support. On this basis, the director considers that it is appropriate for the financial statements to be prepared on the going concern basis.”

Group structure

1. ESSDOCS VENTURES I LIMITED · parent
   1. eCertify Pty Ltd 100% · Australia
   2. essDOCS Australia Pty Ltd 100% · Australia
   3. ICE Digital Trade Origin Limited 100% · Ireland
   4. Trade Cert USA Ltd 100% · USA

Significant events

• “No material post balance sheet events have been identified.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.