RETN NETWORKS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-28 (in 6mo)
Last made up 2025-11-14
Watchouts
Cash
£1M
EUR 1,331,000
+40% vs 2023
Net assets
£6M
EUR 6,533,000
+3.5% vs 2023
Employees
158
+8.2% vs 2023
Profit before tax
-£568K
EUR -653,000
+79.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £48,665,101 | £48,665,971 | |
| Operating profit | -£873,119 | £2,674,146 | |
| Profit before tax | -£2,715,019 | -£567,875 | |
| Net profit | -£2,798,504 | -£573,963 | |
| Cash | £827,028 | £1,157,492 | |
| Total assets less current liabilities | £37,523,263 | £42,772,415 | |
| Net assets | £5,487,434 | £5,681,364 | |
| Equity | £5,487,434 | £5,681,364 | |
| Average employees | 146 | 158 | |
| Wages | £8,060,701 | £9,188,625 | |
| Directors' remuneration | £3,175,059 | £2,936,777 |
Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
0%
£48,665,101 £48,665,971
-
Cash
+40%
£827,028 £1,157,492
-
Net assets
+3.5%
£5,487,434 £5,681,364
-
Employees
+8.2%
146 158
-
Operating profit
+406.3%
-£873,119 £2,674,146
-
Profit before tax
+79.1%
-£2,715,019 -£567,875
-
Wages
+14%
£8,060,701 £9,188,625
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -1.8% | 5.5% | |
| Net margin | -5.8% | -1.2% | |
| Return on capital employed | -2.3% | 6.3% | |
| Gearing (liabilities / total assets) | 91.1% | 91.9% | |
| Current ratio | 0.42x | 0.60x | |
| Interest cover | -0.46x | 0.82x |
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.
Audit & accounting basis
- Accounting basis
- UK adopted IAS and FRS 101
- Reporting scope
- Consolidated group
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Therefore, the Directors believe that the Group is well placed to manage its business risks successfully, despite the current uncertain economic and political outlook and therefore continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- RETN NETWORKS LTD · parent
- RETN Networks LTD 100%
- RETN Limited 100%
- RETN Poland Sp. z o.o. 100%
- RETN GmbH 100%
- RETN B.V. 100%
- RETN GmbH 100%
- RETN SRL 100%
- RETN TELEKOMÜNİKASYON HİZMETLERİ LİMİTED ŞİRKETİ 100%
- RETN Nordic AB 100%
- RETN Baltic AS 100%
- RETN Finland OY 100%
- RETN Baltic SIA 100%
- RETN (HK) Limited 100%
- RETN Consultancy services
- RETN K.K. 100%
- RETN PTE. LTD. 100%
- RETN Telecoms Ltd. 100%
- RETN KZ LLC 100%
- RETN Kyrgyzstan Ltd
- RETN LLC 100%
- LLC RETN 100%
- RETN BALKANS LTD 100%
- RETN AM LLC 100%
- RETN GE LLC 100%
- RETN Networks SRL 100%
- RETN Hungary Kft 100%
- RETN d.o.o Beograd 100%
- RETN Lithuania UAB 100%
- RETN US LLC 100%
- RETN Networks LLC 100%
- RETN ROMANIA S.R.L. 100%
- RETN Networks KZ LLC 49%
Significant events
- “In October 2024, RETN Networks LTD (UK) was hived up, absorbing key operations and ownership of subsidiaries to ensure the legal and operational separation of the Russian and Belarusian businesses.”
- “Amid the ongoing Russian invasion of Ukraine, (both due to international sanctions imposed and other factors) the Group had (from February 2022) ceased all inward investment in Russia and Belarus and focused solely upon accelerating its global business development in Europe and Asia, including continued investments in its Ukrainian network.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DE ROHAN WILLNER, Guy Peter | Director | 2025-09-01 | Feb 1964 | British |
| KJELLBERG, Jakob | Director | 2024-04-16 | Oct 1977 | Swedish |
| O'SULLIVAN, Anthony Donnell | Director | 2023-06-28 | Feb 1979 | British |
| SAMARIN, Dmitry | Director | 2023-04-07 | Aug 1971 | British |
| TINDL, Anna | Director | 2024-04-16 | Feb 1975 | German |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ZELMANS, Marks | Director | 2024-04-16 | 2025-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pinkas Ltd | Corporate entity | Shares 75–100% | 2024-10-11 | Active |
| Retn Capital Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-04-07 | Ceased 2024-10-11 |
Filing timeline
Last 20 of 35 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-19 RESOLUTIONS Resolution
- 2024-10-20 RESOLUTIONS Resolution
- 2024-10-20 MA Memorandum articles
- 2024-10-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-03 | AA | accounts | Accounts with accounts type group | |
| 2025-11-19 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-14 | SH01 | capital | Capital allotment shares | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-29 | CH01 | officers | Change person director company with change date | |
| 2024-11-21 | AA | accounts | Accounts with accounts type full | |
| 2024-10-20 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-20 | MA | incorporation | Memorandum articles | |
| 2024-10-20 | SH08 | capital | Capital name of class of shares | |
| 2024-10-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-05 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-01 | SH01 | capital | Capital allotment shares | |
| 2024-09-16 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 3
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.