R8 CAPITAL INVESTMENTS PLC

• ⚠

  Material uncertainty over going concern

  However, as at the date of approval of these financial statements, there are no legally binding agreements in place in relation to any fundraising and as the success of any finance raising is outside the control of the Group, there can be no certainty that additional funds will be forthcoming, which indicates the existence of a material uncertainty which may cast doubt about the Group's ability to continue as a going concern and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

1. R8 CAPITAL INVESTMENTS PLC 2023-09-07 → present
2. MODE GLOBAL HOLDINGS PLC 2020-08-05 → 2023-09-07

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

RPG Crouch Chapman LLP

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“However, as at the date of approval of these financial statements, there are no legally binding agreements in place in relation to any fundraising and as the success of any finance raising is outside the control of the Group, there can be no certainty that additional funds will be forthcoming, which indicates the existence of a material uncertainty which may cast doubt about the Group's ability to continue as a going concern and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business.”

Group structure

1. R8 CAPITAL INVESTMENTS PLC · parent
   1. Mode Global Limited 100% · United Kingdom · Holding Company
   2. JGOO Limited 100% · United Kingdom · No Longer Trading
   3. Fibermode Limited 100% · United Kingdom · Mode Digital Wallet (Including Cryptocurrency) – wound down
   4. Greyfoxx Limited 100% · United Kingdom · No Longer Trading
   5. Fibere Limited 100% · United Kingdom · No Longer Trading

Significant events

• “On 26th January 2023, the board of the Company decided to cease its customer operations for Fibermode Ltd, JGOO Ltd and Greyfoxx Ltd.”
• “Mode Global Limited, into a creditors' voluntary arrangement which was subsequently approved by members and creditors at meetings held on 5 April 2023.”
• “FCA wrote to the Company on 20th March 2024, indicating that the Company should consider their impact and whether as a result the Company should consider itself a cash shell for the purposes of the Listing Rules.”
• “On 1 October 2023, the Company entered into heads of terms with the shareholders of Redwood Financial Partners Limited ("RFPL") which set out the principal terms of the proposed acquisition by the Company of the entire issued and to be issued share capital of RFPL”
• “trading in the Company's shares was suspended on 2 October 2023.”
• “On 27 June 2025 the convertible loan notes were settled through a transaction with WW Resources Limited (now named WV Sports Limited).”
• “On 7 February 2025, professional fees due to Ernst & Young LLP were settled in full by Redwood Bank Limited on behalf of the Company.”

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.