RETN LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +1.3%

  £16,572,650 → £16,779,975

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  -56.8%

  £851,785 → £367,849

• Profit before tax

  -72.4%

  £271,105 → £74,818

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

Margins divide P&L lines by turnover. 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 101

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“RETN LTD is a part of the Group of companies owned by RETN Networks Ltd. The RETN Group is a leading Eurasian data services provider with unique network assets operating an extensive network connecting 44+ territories in three continents. Total network coverage exceeds 140,000 km with deep metro network in selected cities. The operations of RETN subsidiaries are intrinsically connected with each other. Any subsidiary can provide the service to its customers only by having access to the shared network and Group-wide services. To serve the customers of any subsidiary, the access to one or more subsidiaries' network may be required. Due to such an operating structure, the Company is dependent on the access to all Group's assets and services. Due to these factors, for the purposes of intercompany receivables recoverability and for the Company's ability to continue as a going concern, the Group is considered as a one cash generating unit. The Company has a strong customer and geographically diverse customer base, access to Group's infrastructure and continued support from its shareholder. Therefore, the Director believes that the Company is well placed to manage its business risks successfully despite the current uncertain economic outlook and therefore continue to adopt the going concern basis of accounting in preparing the annual financial statements. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “In October 2024, the Group undertook a strategic reorganisation as a response to current geopolitical situations and to enhance overall efficiency. As part of this reorganisation, RETN Networks LTD (UK) became parent company of the Group, consolidating key operations and ownership of the global subsidiaries of Europacific Communications Ltd (formerly RETN Capital Ltd), except for those in Russia and Belarus. This process was executed in accordance with all relevant legal and regulatory requirements, ensuring a smooth and compliant transition.”
• “The ongoing Russia-Ukraine conflict has resulted in the imposition of various international sanctions by multiple governments and supranational bodies. The Company acknowledges the complexity and evolving nature of these sanctions and the risks they present to its operations.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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