Pomanda estimates the enterprise value of WORKSPACE 14 LIMITED at £563m based on a Turnover of £74.5m and 7.56x industry multiple (adjusted for size and gross margin).
workspace 14 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of WORKSPACE 14 LIMITED at £0 based on an EBITDA of £-49.2m and a 14.78x industry multiple (adjusted for size and gross margin).
workspace 14 limitedEstimated Valuation
£1.6b
Pomanda estimates the enterprise value of WORKSPACE 14 LIMITED at £1.6b based on Net Assets of £893.2m and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Workspace 14 LimitedOverview
Workspace 14 Limited is a live company located in london, SW9 6DE with a Companies House number of 05834831. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2006, it's largest shareholder is
workspace group plc
with a 100% stake. Workspace 14 Limited is a established,
large sized company, Pomanda has estimated its turnover at
£74.5m with
declining
growth in recent years.
Pomanda's financial health check has awarded Workspace 14 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
3 Weak
Size
annual sales of £74.5m, make it larger than the average company (£918.1k)
£74.5m - Workspace 14 Limited
£918.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.9%)
-1% - Workspace 14 Limited
4.9% - Industry AVG
Production
with a gross margin of 75.2%, this company has a comparable cost of product (75.5%)
75.2% - Workspace 14 Limited
75.5% - Industry AVG
Profitability
an operating margin of -67.1% make it less profitable than the average company (29.4%)
-67.1% - Workspace 14 Limited
29.4% - Industry AVG
Employees
with 420 employees, this is above the industry average (4)
420 - Workspace 14 Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Workspace 14 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £177.4k, this is equally as efficient (£177.7k)
£177.4k - Workspace 14 Limited
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is near the average (30 days)
29 days - Workspace 14 Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (38 days)
28 days - Workspace 14 Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Workspace 14 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Workspace 14 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.3%, this is a lower level of debt than the average (64.5%)
20.3% - Workspace 14 Limited
64.5% - Industry AVG
WORKSPACE 14 LIMITED financials
EXPORT
Workspace 14 Limited's latest turnover from March 2024 is £74.5 million and the company has net assets of £893.2 million. According to their latest financial statements, we estimate that Workspace 14 Limited has 420 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
74,498,454
72,878,547
67,652,805
77,939,008
88,293,405
78,183,252
69,510,036
60,088,091
58,737,281
45,775,304
38,961,493
36,770,534
35,595,794
33,986,856
34,082,365
Other Income Or Grants
Cost Of Sales
18,508,938
19,198,586
19,329,682
28,621,412
17,516,536
16,662,290
14,413,995
12,870,397
13,051,932
12,795,134
10,936,136
10,389,161
10,972,276
10,649,952
10,613,798
Gross Profit
55,989,516
53,679,961
48,323,123
49,317,596
70,776,869
61,520,962
55,096,041
47,217,694
45,685,349
32,980,170
28,025,357
26,381,373
24,623,518
23,336,904
23,468,567
Admin Expenses
105,952,104
5,061,060
-21,571,955
164,723,339
8,058,910
-36,787,325
-53,421,948
-6,901,546
-160,241,776
-175,532,904
6,277,088
7,153,793
6,734,774
5,644,891
4,817,173
Operating Profit
-49,962,588
48,618,901
69,895,078
-115,405,743
62,717,959
98,308,287
108,517,989
54,119,240
205,927,125
208,513,074
21,748,269
19,227,580
17,888,744
17,692,013
18,651,394
Interest Payable
6,882,468
7,181,068
8,565,385
18,560,540
24,479,360
17,387,500
9,579,362
11,197,113
12,984,021
7,757,832
14,214,835
10,080,509
11,000,982
9,392,871
12,798,539
Interest Receivable
1,667,764
285,890
428,630
390,393
1,702,760
2,363,250
1,519,652
1,513,723
708,126
721,704
1,515,539
5,056,927
5,011,030
3,358,281
978,587
Pre-Tax Profit
-55,177,292
41,723,723
61,758,323
-133,575,890
39,941,359
83,284,037
100,458,279
44,435,850
193,649,230
201,476,946
9,048,973
11,702,709
11,786,626
11,644,389
7,971,114
Tax
-35,634
-49,932
-37,288
-15,839
321,825
275,688
-639,221
-870,737
236,741
-578,300
-377,608
-1,270,614
-440,461
-889,383
-19,046
Profit After Tax
-55,212,926
41,673,791
61,721,035
-133,591,729
40,263,184
83,559,725
99,819,058
43,565,113
193,885,971
200,898,646
8,671,365
10,432,095
11,346,165
10,755,006
7,952,068
Dividends Paid
179,515,000
130,000,000
Retained Profit
-55,212,926
-137,841,209
61,721,035
-133,591,729
40,263,184
83,559,725
-30,180,942
43,565,113
193,885,971
200,898,646
8,671,365
10,432,095
11,346,165
10,755,006
7,952,068
Employee Costs
5,890,649
Number Of Employees
420
432
465
593
631
550
546
488
405
295
250
245
246
234
237
EBITDA*
-49,236,071
49,388,012
70,820,903
-114,634,003
63,065,378
98,841,021
108,986,089
54,441,052
206,087,601
208,624,771
21,820,621
19,315,004
18,025,077
17,799,258
18,740,473
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
854,892
1,524,471
1,531,495
2,268,029
2,873,131
1,597,136
1,193,709
1,042,258
628,944
432,469
195,192
192,631
277,746
352,401
286,250
Intangible Assets
Investments & Other
1,109,718,945
1,158,701,627
1,337,671,955
1,378,366,012
1,631,774,676
1,638,964,335
1,377,838,185
1,101,635,567
1,043,984,567
820,691,126
550,075,000
426,905,000
396,760,000
374,840,000
337,115,000
Debtors (Due After 1 year)
820,063
5,965,369
615,000
600,000
815,000
915,000
880,000
1,600,000
3,950,000
6,500,000
750,000
Total Fixed Assets
1,111,393,900
1,166,191,467
1,339,818,450
1,381,234,041
1,635,462,807
1,641,476,471
1,379,911,894
1,104,277,825
1,048,563,511
827,623,595
551,020,192
427,097,631
397,037,746
375,192,401
337,401,250
Stock & work in progress
Trade Debtors
5,992,487
Group Debtors
56,370,678
1,454,000
22,477,262
1,017
96,456,685
96,596,416
93,116,185
28,598,308
Misc Debtors
2,650,742
6,449,012
7,471,285
9,370,347
7,963,115
1,673,080
9,184,173
12,331,419
6,286,972
1,502,881
978,539
8,735,808
5,761,990
4,771,868
336,062
Cash
40,080
40,080
16,951
misc current assets
14,500,000
total current assets
8,643,229
6,449,012
7,471,285
9,370,347
64,333,793
17,627,080
9,184,173
12,331,419
28,764,234
1,503,898
978,539
105,232,573
102,398,486
97,905,004
28,934,370
total assets
1,120,037,129
1,172,640,479
1,347,289,735
1,390,604,388
1,699,796,600
1,659,103,551
1,389,096,067
1,116,609,244
1,077,327,745
829,127,493
551,998,731
532,330,204
499,436,232
473,097,405
366,335,620
Bank overdraft
Bank loan
Trade Creditors
1,467,437
Group/Directors Accounts
209,434,176
209,697,993
244,268,255
348,541,674
649,091,427
646,581,878
460,264,401
162,348,591
269,024,615
240,678,211
121,813,789
621,055
2,147,170
7,629,028
125,226,742
other short term finances
hp & lease commitments
383
383
361
789
751
969
858
790
559
other current liabilities
12,223,933
10,826,344
13,083,168
13,189,230
13,198,551
14,981,901
14,605,368
9,912,672
7,823,267
7,324,832
5,095,264
8,958,727
7,361,494
7,820,649
3,975,630
total current liabilities
223,125,929
220,524,720
257,351,784
361,731,693
662,290,729
661,563,779
474,870,738
172,262,121
276,848,672
248,003,602
126,909,053
9,579,782
9,508,664
15,449,677
129,202,372
loans
198,682,667
197,590,172
196,816,024
hp & lease commitments
3,609,653
3,610,036
3,610,419
4,269,048
4,269,645
4,271,470
4,270,512
4,603,714
4,604,777
4,605,567
Accruals and Deferred Income
other liabilities
provisions
145,000
136,250
116,850
114,000
154,850
450,110
696,350
304,000
530,000
total long term liabilities
3,754,653
3,746,286
3,727,269
4,383,048
4,424,495
4,721,580
4,966,862
4,907,714
4,604,777
5,135,567
198,682,667
197,590,172
196,816,024
total liabilities
226,880,582
224,271,006
261,079,053
366,114,741
666,715,224
666,285,359
479,837,600
177,169,835
281,453,449
253,139,169
126,909,053
208,262,449
207,098,836
212,265,701
129,202,372
net assets
893,156,547
948,369,473
1,086,210,682
1,024,489,647
1,033,081,376
992,818,192
909,258,467
939,439,409
795,874,296
575,988,324
425,089,678
324,067,755
292,337,396
260,831,704
237,133,248
total shareholders funds
893,156,547
948,369,473
1,086,210,682
1,024,489,647
1,033,081,376
992,818,192
909,258,467
939,439,409
795,874,296
575,988,324
425,089,678
324,067,755
292,337,396
260,831,704
237,133,248
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-49,962,588
48,618,901
69,895,078
-115,405,743
62,717,959
98,308,287
108,517,989
54,119,240
205,927,125
208,513,074
21,748,269
19,227,580
17,888,744
17,692,013
18,651,394
Depreciation
726,517
769,111
925,825
771,740
347,419
532,734
468,100
321,812
160,476
111,697
72,352
87,424
136,333
107,245
89,079
Amortisation
Tax
-35,634
-49,932
-37,288
-15,839
321,825
275,688
-639,221
-870,737
236,741
-578,300
-377,608
-1,270,614
-440,461
-889,383
-19,046
Stock
Debtors
-2,951,089
4,328,096
-1,884,062
-55,178,446
61,106,713
-6,022,093
-3,867,246
-18,782,815
24,710,336
6,275,359
-103,463,954
2,834,087
4,470,353
68,953,683
28,934,370
Creditors
1,467,437
Accruals and Deferred Income
1,397,589
-2,256,824
-106,062
-9,321
-1,783,350
376,533
4,692,696
2,089,405
498,435
2,229,568
-3,863,463
1,597,233
-459,155
3,845,019
3,975,630
Deferred Taxes & Provisions
8,750
19,400
2,850
-40,850
-295,260
-246,240
392,350
304,000
-530,000
530,000
Cash flow from operations
-43,446,840
42,772,560
72,564,465
-59,521,567
201,880
105,269,095
117,299,160
74,746,535
181,582,441
204,530,680
121,043,504
16,807,536
12,655,108
-48,198,789
-6,237,313
Investing Activities
capital expenditure
-56,938
-762,087
-189,291
-166,638
-1,623,414
-936,161
-619,551
-735,126
-356,951
-348,974
-74,913
-2,309
-61,678
-173,396
-375,329
Change in Investments
-48,982,682
-178,970,328
-40,694,057
-253,408,664
-7,189,659
261,126,150
276,202,618
57,651,000
223,293,441
270,616,126
123,170,000
30,145,000
21,920,000
37,725,000
337,115,000
cash flow from investments
48,925,744
178,208,241
40,504,766
253,242,026
5,566,245
-262,062,311
-276,822,169
-58,386,126
-223,650,392
-270,965,100
-123,244,913
-30,147,309
-21,981,678
-37,898,396
-337,490,329
Financing Activities
Bank loans
Group/Directors Accounts
-263,817
-34,570,262
-104,273,419
-300,549,753
2,509,549
186,317,477
297,915,810
-106,676,024
28,346,404
118,864,422
121,192,734
-1,526,115
-5,481,858
-117,597,714
125,226,742
Other Short Term Loans
Long term loans
-198,682,667
1,092,495
774,148
196,816,024
Hire Purchase and Lease Commitments
-383
-361
-659,057
-559
-1,074
-11
-333,091
-995
-559
4,606,126
other long term liabilities
share issue
125,000,000
100,000,000
26,000,001
-50,000,000
92,350,558
21,298,264
20,159,527
12,943,450
229,181,180
interest
-5,214,704
-6,895,178
-8,136,755
-18,170,147
-22,776,600
-15,024,250
-8,059,710
-9,683,390
-12,275,895
-7,036,128
-12,699,296
-5,023,582
-5,989,952
-6,034,590
-11,819,952
cash flow from financing
-5,478,904
-41,465,801
-113,069,231
-193,720,459
-20,268,125
171,293,216
289,523,009
-16,360,409
42,069,951
66,434,420
2,161,329
15,841,062
9,461,865
86,127,170
342,587,970
cash and cash equivalents
cash
-40,080
23,129
16,951
overdraft
change in cash
-40,080
23,129
16,951
workspace 14 limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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canterbury court, kennington park, london, SW9 6DE
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workspace 14 limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 10 charges/mortgages relating to workspace 14 limited. Currently there are 0 open charges and 10 have been satisfied in the past.
workspace 14 limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for WORKSPACE 14 LIMITED. This can take several minutes, an email will notify you when this has completed.
workspace 14 limitedCompanies House Filings - See Documents
