Workspace Group

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.
Company Growth (employees)
Type
Public
HQ
London, GB
Founded
1987
Size (employees)
206 (est)-2%
Workspace Group was founded in 1987 and is headquartered in London, GB

Workspace Group Office Locations

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

Workspace Group Data and Metrics

Workspace Group Financial Metrics

Workspace Group's revenue was reported to be £101.2 m in FY, 2016 which is a 21% increase from the previous period.
GBP

Revenue (FY, 2016)

101.2 m

Revenue growth (FY, 2015 - FY, 2016), %

21%

Gross profit (FY, 2016)

74.1 m

Gross profit margin (FY, 2016), %

73%

Net income (FY, 2016)

388.9 m

Market capitalization (19-Jul-2017)

1.5 b

Closing share price (19-Jul-2017)

9

Cash (31-Mar-2016)

27.8 m
Workspace Group's current market capitalization is £1.5 b.
GBPFY, 2014FY, 2015FY, 2016

Revenue

73.6 m83.6 m101.2 m

Revenue growth, %

14%21%

Cost of goods sold

23.3 m25.9 m27.1 m

Gross profit

50.3 m57.7 m74.1 m

Gross profit Margin, %

68%69%73%

Operating expense total

(215.3 m)(314.6 m)(329 m)

Pre tax profit

252.5 m360 m391.3 m

Net Income

252.4 m359.9 m388.9 m
GBPFY, 2014FY, 2015FY, 2016

Cash

3.7 m42.6 m27.8 m

Accounts Receivable

2 m2.4 m3 m

Current Assets

11.1 m61.8 m79.8 m

PP&E

1.1 b1.4 b1.8 b

Goodwill

400 k400 k600 k

Total Assets

1.1 b1.5 b1.9 b

Accounts Payable

4.4 m3.9 m3.7 m

Current Liabilities

36 m45.4 m49.5 m

Total Liabilities

390 m365.4 m358.8 m

Retained Earnings

226.9 m334.3 m367.8 m

Total Equity

726.1 m1.1 b1.5 b

Financial Leverage

1.5 x1.3 x1.2 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

26.1 m36.1 m49.8 m

Cash From Financing Activities

(16.4 m)17.6 m(33.4 m)

Income Taxes Paid

(100 k)(100 k)(2.4 m)
GBPY, 2016

Revenue/Employee

648.7 k

Financial Leverage

1.2 x

Workspace Group Market Value History

Traffic Overview of Workspace Group

Workspace Group Online and Social Media Presence

Workspace Group News and Updates

Workspace Group Company Life and Culture

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