Workspace aims to be the first choice for new and growing businesses seeking a base in London. We create unique environments that enable businesses to have the freedom and opportunity to thrive. We host the capital’s leading business communities, we help connect them, understand what drives them and use our expertise to champion their cause. Our customers are at the heart of London’s real economy and we provide them with the right space and services to help them grow. HOW WE ENABLE BUSINESSES TO GROW FASTER… THE RIGHT SPACES We provide the right types of business space tailored to our customers’ needs and offer flexible terms. EVENTS We offer networking events in many of our centres that provide opportunities for meeting like-minded businesses, swapping ideas and generating contacts. WORKSPACE NETWORK We help connect customers to each other, resulting in high levels of inter-trading. Workspace Network enables our customers to network, promote their business and seek business advice. CLUB WORKSPACE We understand our customers and have launched Club Workspace, a network of creative co-working hubs based in our business centres. VIRTUAL WORKSPACE For businesses who aren’t yet ready to take physical space but would enjoy feeling part of an innovative business community in central London locations we can offer virtual business space.
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London, GB
Size (employees)
206 (est)
Workspace Group was founded in 1987 and is headquartered in London, GB
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Workspace Group Office Locations

Workspace Group has an office in London
London, GB (HQ)
Brixton Rd
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Workspace Group Financials and Metrics

Workspace Group Financials

Workspace Group's revenue was reported to be £108.80 m in FY, 2017

Revenue (FY, 2017)

108.8 m

Gross profit (FY, 2017)

79.2 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

88.7 m

EBITDA (FY, 2017)

104.8 m

EBIT (FY, 2017)

103.7 m

Market capitalization (6-Oct-2017)

1.5 b

Closing share price (6-Oct-2017)


Cash (31-Mar-2017)

6.5 m


1.5 b
Workspace Group's current market capitalization is £1.5 b.
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


66.9 m69.8 m66.5 m68.8 m67.3 m69.5 m73.6 m83.6 m101.2 m108.8 m

Revenue growth, %


Cost of goods sold

19.8 m22.4 m22.1 m22.9 m22.5 m22.4 m23.3 m25.9 m27.1 m29.6 m

Gross profit

47.1 m47.4 m44.4 m45.9 m44.8 m47.1 m50.3 m57.7 m74.1 m79.2 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


2.5 m3.7 m2.1 m2.3 m26.5 m11.8 m3.7 m42.6 m27.8 m6.5 m

Accounts Receivable

5.1 m4.9 m2.8 m1.9 m1.9 m2.1 m2 m2.4 m3 m3.2 m

Current Assets

19 m12.8 m6.6 m10.6 m37.7 m25.6 m11.1 m61.8 m79.8 m31.7 m


3.2 m3.1 m3.4 m4.6 m1.1 m1.7 m2 m2 m2 m2.9 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(34.7 m)(360.4 m)24.2 m53.5 m49 m76.4 m252.4 m359.9 m388.9 m88.7 m

Cash From Operating Activities

7.4 m16.5 m11.1 m14 m17.3 m22.1 m26.1 m36.1 m49.8 m53.4 m

Dividends Paid

7.3 m7.8 m8.1 m8.9 m10.5 m13 m14.5 m16.6 m21.1 m27.7 m

Cash From Financing Activities

49.5 m(7.8 m)(63.1 m)(41.8 m)21.1 m(18.1 m)(16.4 m)17.6 m(33.4 m)(83.4 m)
GBPY, 2017


14.1 x


14.2 x


27.7 x


521.8 k

Financial Leverage

1.2 x
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Workspace Group News and Updates

Workspace Group eyes £158m City building

Workspace Group's shares rose over four per cent this morning after the FTSE 250 office space provider confirmed its interest to snap up Salisbury House in the City in a £158m deal. However, the group said there was  “no certainty” for a deal for 28-31 Finsbury Circus. In a statement to the Lo…
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