Condor Holdco Limited
Activities of other holding companies n.e.c. · London
ActiveUnited KingdomIncorporated 2020Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
−£1,134,596
Cash
—
Turnover
—
Profit / loss
−£1,103,589
Current assets
£68,452,277
Creditors < 1 year
£63,984,428
Equity
−£1,134,596
Average employees
2
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | −£1,134,596 | −£31,007 |
| Equity | −£1,134,596 | −£31,007 |
| Share capital | £1 | £1 |
| Retained earnings | −£1,134,597 | −£31,008 |
| Assets | ||
| Investments | £1 | £1 |
| Current assets | £68,452,277 | £57,501,622 |
| Liabilities | ||
| Creditors within one year | £63,984,428 | £1,043,868 |
| Creditors after one year | £5,602,446 | £56,488,762 |
| Net current assets | £4,467,849 | £56,457,754 |
| Assets less current liabilities | £4,467,850 | £56,457,755 |
| Profit & loss | ||
| Administrative expenses | £22,788 | £5,050 |
| Operating profit | −£22,788 | −£5,050 |
| Interest receivable | £5,964,155 | £5,417,144 |
| Interest payable | £6,573,982 | £5,417,169 |
| Profit before tax | −£632,615 | −£5,075 |
| Tax | −£470,974 | — |
| Profit / loss | −£1,103,589 | −£5,075 |
| People & pay | ||
| Average employees | 2 | 2 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Immediate parent
- Condor Topco Limited
- Ultimate parent
- Condor Topco Limited
- Ultimate controlling party
- Inflexion Enterprise V Investments LP
- Accounts
- FRS 101
Subsidiaries (9)
- Condor Midco Limited · 100 · 125 London Wall, London, EC2Y 5AS
- Condor Bidco Limited · 100 · 125 London Wall, London, EC2Y 5AS
- Sparta Global Group Limited · 100 · 125 London Wall, London, EC2Y 5AS
- Sparta Global Limited · 100 · 125 London Wall, London, EC2Y 5AS
- Sparta Education Limited · 100 · 125 London Wall, London, EC2Y 5AS
- Sparta Global Technology Services AB · 100 · Master Samuelsgaten 6, 111 44 Stockholm, Sweden
- Sparta Global Inc · 100 · Corporation Trust Centre, 1209 Orange Street, Wilmington, DE 19801, USA
- Sparta Global sp z o o · 100 · Marszalkowska Street, No 126/134, Warsaw, 00-008
- Sparta Global Private Limited · 100 · 512/10, Service Lane, Outer Ring Road, Mahadevapura, Bangalore, Bangalore North, Karnataka, India
Borrowings (4)
- Other loans presented within current liabilities · 35,512,289 · 10% · repayable in October 2026 · secured on secured by a fixed and floating charge over of the assets of the company and the group
- Other loans presented within non-current liabilities · 5,602,446 · 10% and 20% · repayable in October 2028 · secured on secured by a fixed and floating charge over the assets of the company and group
- Loans from fellow group undertakings presented within current liabilities · 28,001,165 · 10% · repayable on demand
- Loans from fellow group undertakings presented within non-current liabilities · 24,323,040 · 10% · repayable in part in October 2026
Share classes (2)
- 1 Ordinary shares of £1 each of £1
- 1 Ordinary shares of £1 each of £1
Events after the year end (1)
- On 14 May 2026 the loan note instruments were amended to extend the redemption date to October 2029 with an increase in the coupon from 10% to 12% effective 14 October 2026 on the original loan notes and from 14 October 2028 on the senior loan notes to 12%/22%.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
2 outstanding chargesAll Assets · created 2025-02-20
—
OutstandingAll Assets · created 2020-10-13
—
Outstanding