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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 Ratings3.3

Latest Updates

Employees (est.) (Sep 2019)413
Revenue (FY, 2018)£29.7 M(+30%)

Key People/Management at Condeco

Laurence Garrett

Laurence Garrett

Non-Executive Director, Condeco Group
Sam Brooks

Sam Brooks

Non-Executive Director, Condeco Group
Guy Vincent

Guy Vincent

Non-Executive Director, Condeco Group
Paul Goodridge

Paul Goodridge

Non-Executive Director, Condeco Group
Andrew Griffin

Andrew Griffin

Chief Financial Officer, Condeco Group
Robert Salesas

Robert Salesas

Chief Technology Officer, Condeco Group
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Condeco Office Locations

Condeco has offices in Greater London, Dietikon, New York, Campbell and in 8 other locations
Greater London, GB (HQ)
2 Harbour Exchange Square
Sydney, AU
50 Pitt St
Puteaux, FR
Place de la Pyramide
Frankfurt am Main, DE
8 Clemensstraße
Hong Kong, HK
20 Des Voeux Rd Central
Singapore, SG
10 Kallang Ave
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Condeco Financials and Metrics

Summary Metrics

Founding Date

2005

Condeco total Funding

$30 m

Condeco latest funding size

$30 m

Time since last funding

3 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
GBPY, 2018

Revenue/Employee

90.4k

Financial Leverage

7.4 x
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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

Working nine to five

We might tumble out of bed on a Monday morning, and sleepily pad into the kitchen to pour ourselves a cup of ambition (or maybe just a plain old tea or coffee, your preference!), but are we all still working Nine to Five, like the legendary Dolly Parton sang almost 40 years ago?

Beyond generation z - the future of the workplace

As modern technology progresses, becoming smarter and more intuitive, the workplace will undoubtedly reap many benefits. But as we look to the office of the future, we must consider the people whom will be on the front line of this technology.

Generation Z: the art of communication

Camilla Byk Founder and Editor of Podium.me, an award-winning audio platform for the voices of the under 25s, regularly works with the BBC and other leading broadcasters.

The impact of meeting room no-shows

The average length of a meeting has increased by 10% in the last 15 years, with the duration now being between 31 to 60 minutes. Our friends over in America hold approximately 11 million meetings a day, which equals 55 million meetings per week, and 220 million meetings per year.

The Modern Workplace 2019 – People, places and technology findings

Did you know that 40 percent of employers already offer remote working? Or that 60 percent now allow employees to set their own hours?

Cultural differences in the workplace

Diversity: noun. The state of being diverse. A range of different things.
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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 Laurence Garrett, Sam Brooks and Guy Vincent.

  • How many employees does Condeco have?

    Condeco has 413 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 £71.8 k.

  • Who are Condeco competitors?

    Competitors of Condeco include Asure Software, Valtech and DMW.

  • 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, Dietikon, New York, Campbell and in 8 other locations.

  • How many offices does Condeco have?

    Condeco has 12 offices.