Cordeagle Finco Limited
Activities of other holding companies n.e.c. · London
ActiveUnited KingdomIncorporated 2021Private Limited Company
Financial position
Accounts to 2025-12-31 · USD · Group accounts
Net assets
USD 84,190,000
Cash
USD 6,209,000
Turnover
USD 72,142,000
Profit / loss
−USD 7,210,000
Current assets
USD 78,721,000
Creditors < 1 year
USD 67,387,000
Equity
USD 84,190,000
Average employees
482
Balance-sheet trend
USD · consolidatedFinancial 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 | 2025-12-31Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | USD 84,190,000 | USD 73,949,000 |
| Equity | USD 84,190,000 | USD 73,949,000 |
| Share capital | USD 1,000 | USD 1,000 |
| Retained earnings | −USD 286,877,000 | −USD 279,667,000 |
| Assets | ||
| Fixed assets | USD 298,840,000 | USD 278,784,000 |
| Property, plant & equipment | USD 1,001,000 | USD 1,005,000 |
| Current assets | USD 78,721,000 | USD 60,797,000 |
| Cash at bank | USD 6,209,000 | USD 6,236,000 |
| Debtors | USD 13,274,000 | USD 20,721,000 |
| Stock | USD 621,000 | USD 1,690,000 |
| Liabilities | ||
| Creditors | USD 293,371,000 | USD 265,632,000 |
| Creditors within one year | USD 67,387,000 | USD 55,984,000 |
| Creditors after one year | USD 225,984,000 | USD 209,648,000 |
| Profit & loss | ||
| Turnover | USD 72,142,000 | — |
| Gross profit | USD 46,612,000 | — |
| Administrative expenses | USD 20,170,000 | — |
| Profit / loss | −USD 7,210,000 | — |
| Operating costs | ||
| Depreciation | USD 448,000 | USD 486,000 |
| Amortisation | USD 14,996,000 | USD 15,388,000 |
| Audit fees | USD 186,000 | USD 196,000 |
| Research & development | USD 9,483,000 | USD 9,977,000 |
| Cash flow | ||
| Cash from operations | USD 2,786,000 | USD 7,250,000 |
| Capital expenditure | USD 430,000 | USD 420,000 |
| People & pay | ||
| Average employees | 482 | — |
| Staff costs | USD 29,293,000 | USD 29,040,000 |
| 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.
- Auditor
- RSM Ireland Business Advisory Limited
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Cordeagle Holdco Limited
- Ultimate parent
- SpaceCondeco TopCo LLC
- Ultimate controlling party
- Thoma Bravo Discover Fund III Global, L.P., Thoma Bravo Discover Fund III-A Global, L.P. and Thoma Bravo Discover Executive Fund III Global, L.P.
- Accounts
- IFRS
- Approved
- 2026-09-11, signed by M J Losardo
Related parties (2)
- related parties · fellow Group undertakings · loan payable · US$154.0 million
- fellow Group undertakings · fellow Group undertakings · management expense for provision of services relating to use of the shared service centre and sale of Engage and Visitor products · US$2.0 million
Borrowings (3)
- Group loan note (the initial note) · US$154.4 million (000s) · variable rate based on SOFR plus 6.65% · matures on 1 July 2027
- Group loan note (the additional note) · US$0.9 million (000s) · relevant benchmark rate (ESTR for EUR, SONIA for GBP, SOFR for USD, BBSW for AUD and CORRA for CAD) plus 320 basis points · matures on 1 January 2029 · secured on The remaining balance is unsecured and non-interest bearing.
- Lease liabilities · 569 (000s)
Share classes (1)
- 1,001 Ordinary shares of US$1.00 each of US$1.00
Events after the year end (1)
- There were no events occurring subsequent to the balance sheet date that required adjustment to or disclosure in these financial statements.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2022-09-30
—
OutstandingShow 2 satisfied / released
Fixed · created 2022-01-13 · satisfied 2022-10-04
—
SatisfiedFixed · created 2021-07-30 · satisfied 2022-10-04
—
Satisfied