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Cash

£7.9m

-1.5% lowest in 3 filed years

Net assets

£47m

-5.5% lowest in 3 filed years

Employees

301

-10.1% lowest in 3 filed years

Profit before tax

-£2.8m

-204.7% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover £44,137,682£43,691,028£42,586,343 -2.5%
Operating profit £2,463,313-£551,502-£7,272,861 -1,218.7%
Profit before tax £4,635,717£2,638,657-£2,761,577 -204.7%
Net profit £3,654,511£753,769-£1,410,032 -287.1%
Cash £9,027,141£8,022,574£7,905,584 -1.5%
Total assets less current liabilities £49,446,077£50,149,284£48,364,227 -3.6%
Net assets £49,266,515£50,149,284£47,399,529 -5.5%
Equity £49,266,515£50,149,284£47,399,529 -5.5%
Average employees 318335301 -10.1%
Wages £26,234,867£27,492,992£25,254,246 -8.1%
Directors' remuneration ——— —

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-03-312025-03-312026-03-31
Operating margin 5.6%-1.3%-17.1%
Net margin 8.3%1.7%-3.3%
Return on capital employed 5.0%-1.1%-15.0%
Gearing (liabilities / total assets) 53.0%54.3%56.1%
Current ratio 1.77x1.75x1.73x
Interest cover —-16.70x—

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

  1. WORKSPACE MANAGEMENT LIMITED 1996-07-05 → present
  2. LONDON WORKSPACE LIMITED 1994-01-24 → 1996-07-05
  3. TUTORTRADE LIMITED 1993-08-02 → 1994-01-24

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Consequently, the Directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least one year after these financial statements are signed and therefore have prepared the financial statements on a going concern basis.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

5 active · 25 resigned

Name Role Appointed Born Nationality
CARFORA, Carmelina Secretary 2010-03-22 — —
ABBOTT, William James Director 2021-11-30 Sep 1975 British
EDWARDS-MOSS, Thomas Michael Director 2026-02-23 May 1980 British
GREEN, Charles Richard Director 2026-02-02 Jul 1970 British
SWAYNE, Richard Charles Burling Director 2021-11-30 Jan 1989 British
Show 25 resigned officers
Name Role Appointed Resigned
BINNS, Adam Secretary 2006-06-28 2008-01-09
EDELSTYN, Paul Secretary 1994-01-21 1994-02-18
MACDONALD, Iain Graham Ross Secretary 2002-01-01 2003-04-11
SAHA, Nirmal Chandra Secretary 1994-02-18 2002-01-01
TAYLOR, Robert Mark Secretary 2003-04-11 2006-06-28
WHALLEY, Amanda Secretary 2008-01-09 2010-03-22
NORTON ROSE LIMITED Corporate Nominee Secretary 1993-08-02 1994-01-21
BENSON, David Neville Director 2020-04-01 2026-04-30
BOAG, Angus Robert Director 2008-04-04 2022-06-30
CARRAGHER, Madeleine Director 1999-10-18 2007-10-12
CLEMETT, Graham Colin Director 2007-07-31 2025-01-31
EDELSTYN, Paul Director 1994-01-21 1994-02-18
HOPKINS, Jameson Paul Director 2012-04-01 2019-05-31
HUTCHINGS, Lawrence Francis Director 2025-01-31 2026-01-19
MARPLES, James Patrick Director 1999-10-18 2009-05-22
PIERONI, Christopher John, Dr Director 2008-04-04 2020-12-17
PLATT, Harry Director 1994-02-18 2012-03-30
PORTER, Alan Redvers Director 1994-02-18 1999-09-30
ROBSON, John Director 2017-10-01 2021-09-30
RUTTER, Mathew David Director 1994-01-21 1994-02-18
SHAPLAND, Leo Director 2022-07-20 2025-03-31
TAYLOR, Robert Mark Director 1995-10-30 2007-07-31
TYLER, Thomas Richard Director 2012-12-07 2013-05-01
NOROSE LIMITED Corporate Nominee Director 1993-08-02 1994-01-21
NORTON ROSE LIMITED Corporate Nominee Director 1993-08-02 1994-01-21

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Workspace Group Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 135 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-02-06 RESOLUTIONS Resolution
  • 2025-02-06 CC04 Statement of companys objects
  • 2025-02-06 MA Memorandum articles
Date Type Category Description
2026-09-21 AA accounts Accounts with accounts type full
2026-06-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-05-08 TM01 officers Termination director company with name termination date PDF
2026-02-23 AP01 officers Appoint person director company with name date PDF
2026-02-03 AP01 officers Appoint person director company with name date PDF
2026-01-20 TM01 officers Termination director company with name termination date PDF
2025-10-06 AD01 address Change registered office address company with date old address new address PDF
2025-10-03 AA accounts Accounts with accounts type full
2025-06-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-01 TM01 officers Termination director company with name termination date PDF
2025-02-06 RESOLUTIONS resolution Resolution
2025-02-06 CC04 change-of-constitution Statement of companys objects
2025-02-06 MA incorporation Memorandum articles
2025-01-31 TM01 officers Termination director company with name termination date PDF
2025-01-31 AP01 officers Appoint person director company with name date PDF
2024-11-28 AA accounts Accounts with accounts type full
2024-06-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-27 AA accounts Accounts with accounts type full
2023-06-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-07 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page