Sparta Global Limited
Registered name: SPARTA GLOBAL LIMITED
Part of Condor Topco Limited groupSparta Global Limited made £28.4m revenue and £4.2m profit in the year to 31 Dec 2024. read from filing text
Sparta Global Limited’s revenue fell 29% to £28.4m in the year to 31 Dec 2024, with £4.2m profit and 528 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent company of Sparta Global Limited is Sparta Global Group Limited, a company incorporated in England & Wales. Its registered office is 125 London Wall, London, England, EC2Y 5AS.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £40.2m | £40m | £28.4m |
| Cost of sales | £19.1m | £18.9m | £13.3m |
| Gross profit | £21.1m | £21.2m | £15.1m |
| Operating profit | £7.2m | £6.7m | £4.1m |
| Profit before tax | £7.1m | £6.7m | £4.2m |
| Profit (best available) | £7.1m | £6.7m | £4.2m |
| Staff costs | £26m | £26.7m | £18.5m |
| Employees (average) | 859 | 813 | 528 |
| Ratios | |||
| Profit margin | 17.6% | 16.7% | 14.6% |
| Gross margin | 52.5% | 52.9% | 53.3% |
| Revenue per employee | £46.7k | £49.2k | £53.7k |
| Profit per employee | £8.2k | £8.2k | £7.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▼0.3% | ▼29.1% |
| Profit growth | — | ▼5.4% | ▼37.9% |
| Headcount growth | — | ▼5.4% | ▼35.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £4.7m | £7m | £7.7m |
| Net assets | £15.4m | £21.3m | £25m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 14.6%
- Profit ÷ revenue.
- Gross margin
- 53.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £53.7k
- Revenue ÷ average employees.
- Profit per employee
- £7.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲18%
- Now £25m
- Cash at bank
- ▲10%
- Now £7.7m
- Headcount
- ▼35%
- Now 528
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Condor Topco Limitedultimate parent75–100%
- Condor Holdco Limited75–100%
- Condor Midco Limited75–100%
- Condor Bidco Limited75–100%
- Sparta Global Group Limited75–100%
- Sparta Global Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Sparta Education LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £4.2m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.