OverviewSuggest Edit

Condeco Software is the fastest growing company in workspace utilisation and space scheduling. We are Condeco, pioneers of workspace management technology for the world’s most competitive businesses. We unite insight, easy-to-use software and exceptional design, to transform workplaces quickly. By taking time to understand each business and challenge individually, we help our clients shape a more sustainable and efficient future for their enterprise. And to benefit from connected products and services that help people work more productively in markets around the world.

TypePrivate
Founded2005
HQGreater London, GB
Websitecondecosoftware.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Sept 2020)341(-4%)
Revenue (FY, 2018)£29.7 M(+30%)
Cybersecurity ratingBMore

Key People/Management at Condeco

Paul Statham

Paul Statham

CEO & Founder
Laurence Garrett

Laurence Garrett

Director
Jean Tardy-Joubert

Jean Tardy-Joubert

Director
Guy Vincent

Guy Vincent

Non-Executive Director
Paul Goodridge

Paul Goodridge

Non-Executive Director
Fergus Gloster

Fergus Gloster

Non-Executive Director
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Condeco Office Locations

Condeco has offices in Greater London, Campbell, New York, Sydney and in 8 other locations
Greater London, GB (HQ)
2 Harbour Exchange Square
Sydney, AU
50 Pitt St
Paris, FR
13 Rue du Dr Lancereaux
Frankfurt am Main, DE
Neue Mainzer Str. 52-58
Hong Kong, HK
20 Des Voeux Rd Central
Gurugram, IN
Building No. 5, Tower C, Level 20 DLF Epitome DLF Cyber City Near, Metro Station, DLF Cyber City, DLF Phase 2, Sector 24
Show all (12)

Condeco Financials and Metrics

Summary Metrics

Founding Date

2005

Condeco total Funding

$30 m

Condeco latest funding size

$30 m

Time since last funding

4 years ago

Condeco investors

Condeco's latest funding round in June 2016 was reported to be $30 m. In total, Condeco has raised $30 m
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Condeco Revenue

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Condeco's revenue was reported to be £29.66 m in FY, 2018
GBP

Revenue (FY, 2018)

29.7m

Gross profit (FY, 2018)

17.0m

Gross profit margin (FY, 2018), %

57.3%

Net income (FY, 2018)

(4.9m)

EBITDA (FY, 2018)

(3.7m)

EBIT (FY, 2018)

(5.5m)

Cash (31-May-2018)

3.6m
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

15.2m19.3m22.9m29.7m

Cost of goods sold

9.1m10.6m11.0m12.7m

Gross profit

6.1m8.7m11.9m17.0m

Gross profit Margin, %

40%45%52%57%
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Cash

977.6k539.4k2.2m3.6m

Accounts Receivable

3.7m6.3m8.5m8.6m

Inventories

576.7k1.6m1.6m2.1m

Current Assets

6.8m10.3m15.5m18.9m
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

355.1k(2.2m)(3.5m)(4.9m)

Cash From Operating Activities

3.0m(1.7m)(4.0m)(1.8m)

Dividends Paid

345.0k278.3k

Cash From Financing Activities

(76.7k)2.4m9.2m7.9m
GBPFY, 2015

Debt/Equity

0.1 x

Financial Leverage

7.1 x
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Condeco Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Condeco Online and Social Media Presence

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Condeco News and Updates

Healthcare Natural Language Processing (NLP) Market is growing with list of key players such as Asure Software, Condeco Group, IBM, Planon, Yardi Systems

Natural language processing (NLP) is a subfield of computer science, information engineering, and artificial intelligence concerned with the interactions between computers and human (natural) languages, in particular how to program computers to process and analyze large amounts of natural language d…

Condeco Blogs

Six top tips for measuring workplace productivity

Did you know that the average worker wastes more than two hours every working day on activities that aren’t related to their job?1 That’s a lot of workplace productivity that businesses all over the world are missing out on.   You’re probably wondering how your busines…

What exactly is a visitor management system?

If you’ve ever been on a package holiday, you’ll have probably seen it. By a minute to nine, they’re all stood poolside, towels in hand. And as soon as the hotel staff blow the whistle, the mad dash to grab the best sun loungers begins. It’s treated like it’s The Most Important Thing I…

Top 10 tips on improving workplace technology in 2020

A new decade means new ways of working. Think back to 2010 and how things have changed between then and now: things like video conferencing, hot-desking and agile working were merely exciting new concepts back then, but in 2020, they’re ubiquitous parts of our business lives.

Different types of flexibility in the 2020 workplace

‘Flexible’, ‘agile’, ‘smart’. They’re all words that seem to be ten-a-penny these days when people talk about their place of work; but when you dig beneath the veneer, what do they actually mean?

Your guide to a more practical 2020 workstation

To sit or to stand? That is the question... Sit/stand desks have been on the market for a while; and while there are plenty of studies which demonstrate the benefits of having the correct workstation for your individual needs, many workers still think of them as abnormal, or unnece…

Who are the happiest workers?

...and how do we define workplace happiness?
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Condeco Frequently Asked Questions

  • When was Condeco founded?

    Condeco was founded in 2005.

  • Who are Condeco key executives?

    Condeco's key executives are Paul Statham, Laurence Garrett and Jean Tardy-Joubert.

  • How many employees does Condeco have?

    Condeco has 341 employees.

  • What is Condeco revenue?

    Latest Condeco annual revenue is £29.7 m.

  • What is Condeco revenue per employee?

    Latest Condeco revenue per employee is £87 k.

  • Who are Condeco competitors?

    Competitors of Condeco include Asure Software, All for One and Devoteam.

  • Where is Condeco headquarters?

    Condeco headquarters is located at 2 Harbour Exchange Square, Greater London.

  • Where are Condeco offices?

    Condeco has offices in Greater London, Campbell, New York, Sydney and in 8 other locations.

  • How many offices does Condeco have?

    Condeco has 12 offices.