CB EAGLE TOPCO LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As a result of intentional and planned investments, the Group reported an operational EBITDA loss of £5,746k for the period ended 31 May 2025, with higher statutory losses driven by non-cash charges. At the Statement of Financial Position date the Group held £9.2m of cash, together with an undrawn £3.0m credit facility. Amounts owed to the ultimate parent undertaking of £91,403k are supported by a formal letter of support, confirming funding will be made available as required for at least twelve months from approval of these accounts. The Directors have prepared a detailed budget and cash flow forecast for the forthcoming period under review, including debt servicing and investment requirements, which together with the ongoing support of the wider Group, demonstrate sufficient resources to meet obligations as they fall due. Accordingly, the financial statements have been prepared on a going concern basis.”

Group structure

1. CB EAGLE TOPCO LIMITED · parent
   1. CB Eagle Midco Limited 100% · United Kingdom · Holding company
   2. CB Eagle Bidco Limited 100% · United Kingdom · Holding company
   3. Project Falcon Topco Limited 100% · United Kingdom · Holding company
   4. Project Falcon Midco Limited 100% · United Kingdom · Holding company
   5. Project Falcon Bidco Limited 100% · United Kingdom · Holding company
   6. Project Firefly Limited 100% · United Kingdom · Holding company
   7. Quorum Cyber Security Limited 100% · United Kingdom · Managed and professional cyber security services
   8. Quorum Cyber Security Inc 100% · United States · Managed and professional cyber security services
   9. Kivu Consulting Inc 100% · United States · Incident response specialist
   10. Kivu Europe Limited 100% · United Kingdom · Managed and professional cyber security services
   11. Quorum Cyber Security (Canada) Inc 100% · Canada · Managed and professional cyber security services
   12. Difenda Corp 100% · Canada · Microsoft security managed services provider
   13. Difenda India Pvt Ltd 100% · India · Microsoft security managed services provider

Significant events

• “FY25 was a transformational year for the Group. At the start of the year, Charlesbank Capital Partners invested in the Group alongside existing investor Livingbridge, creating a strong and supportive ownership base to fund and accelerate global expansion.”
• “Together with the acquisitions of Difenda and Kivu, the Group has expanded its geographic footprint, broadened its customer funnel, and deepened its strategic relationship with Microsoft.”
• “The Group also refinanced its balance sheet during the year. Initial funding via convertible loan notes was replaced by an external debt facility with Canadian Imperial Bank of Commerce (CIBC), simplifying the capital structure and creating a scalable foundation for future growth.”
• “On 26 June 2025, the Group established Quorum Cyber Security L.L.C-FZ, a limited liability company incorporated in the United Arab Emirates. This entity provides the Group with a legal and operational presence in the Middle East, supporting its ongoing international expansion.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

3

last 24 months

Officers appointed

2

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.