Project Spark Bidco Limited
Registered name: PROJECT SPARK BIDCO LIMITED
Part of Cinven Group Limited groupProject Spark Bidco Limited made £0 revenue and £6.1m profit in the year to 31 Dec 2025. read from filing text
Project Spark Bidco Limited’s revenue was £0 in the year to 31 Dec 2025, with £6.1m profit and 2,024 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2021
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 directors regard Project Spark Midco Limited a company incorporated in England and Wales as its immediate parent.”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
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 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £0 | £0 |
| Operating profit | — | — | −£73.9k | −£108k |
| Profit before tax | −£3.9m | £7.4m | −£1.2m | £6.1m |
| Profit after tax | −£3.9m | £7.4m | −£1.2m | £6.1m |
| Profit (best available) | −£3.9m | £7.4m | −£1.2m | £6.1m |
| Employees (average) | — | 2 | — | 2,024 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Revenue per employee | — | — | — | £0 |
| Profit per employee | — | £3.7m | — | £3k |
| Growth (year on year) | ||||
| Profit growth | — | — | ▼115.7% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£3.9m | £3.6m | £327k | £470k |
| Debtors | £891k | £9.4m | £1.6k | £2.8m |
| Deferred income | £9k | £2.3k | £6k | £0 |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- £3k
- 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
- ▲44%
- Now £470k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 2,024
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Cinven Group Limitedultimate parent75–100%
- Cinven Limited75–100%
- Fox UK Midco Limited75–100%
- Fox UK Bidco Limited75–100%
- Project Spark Topco Limited75–100%
- Project Spark Midco Limited75–100%
- Project Spark Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Flint Global LtdRev. £40.8m · Profit £12.4m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £6.1m), from the Companies House accounts bulk data published Sep 2026. 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.