RITORNO LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-03-31.

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 2.2 in the financial statements, which indicates that the company incurred a net loss of £250,625 during the year ended 30 June 2024 and, as of that date, the company's current liabilities exceeded its current assets by £56,587. As stated in Note 16, these events or conditions, along with continuous fall in carrying value of its long-term investments as set forth in Note 8, indicate a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

1. RITORNO LIMITED 2025-06-20 → present
2. RITORNO PLC 2019-09-26 → 2025-06-20
3. RITORNO LIMITED 2019-01-07 → 2019-09-26

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

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 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Young & Partners Ltd

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 2.2 in the financial statements, which indicates that the company incurred a net loss of £250,625 during the year ended 30 June 2024 and, as of that date, the company's current liabilities exceeded its current assets by £56,587. As stated in Note 16, these events or conditions, along with continuous fall in carrying value of its long-term investments as set forth in Note 8, indicate a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “Low6 has a multi award winning proprietary tech stack and in the year ending 30 June 2024 increased revenues by over 400% by offering their F2P gaming technology to the iGaming market.”
• “Alongside the F2P arm of the business, Low6 continues to build a number of multi-year affiliate partnerships in the US resulting in recurring guaranteed monthly minimum revenue payments in exchange for Low6 delivering their clients including the PGA Tour, Yinzcam, The Cincinnati Bengals, Learfield and the UFC, high First Time Depositor (FTD) conversions.”
• “On 5 November 2021 the shareholders of MESH Holdings plc approved a scheme of arrangement whereby Ritorno swapped its shareholding in MESH for a shareholding in AAA of 1,405,000 shares. Together with previously acquired AAA shares Ritorno held 1,487,500 shares in AAA.”
• “Following the board changes and strategic review in December 2022, in July 2023 the company announced a fund raise at share price of 1p per share. By September 2023 the company had raised £1.5m and of this £1.5m was invested in its main investment, Sentiance NV a Belgian based AI company. As result AAA now owns 31% of Sentiance NV.”

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

1

last 24 months

Officers appointed

0

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.

• Turnover

  -43.7%

  £168,000 → £94,583

• Cash

  +2,848.9%

  -£714 → £19,627

• Net assets

  -93.5%

  £236,019 → £15,394

• Employees

  —

  Not reported

• Operating profit

  +47.2%

  -£466,374 → -£246,447

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