UNISPACE GLOBAL LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -17.2%

  £33,365,839 → £27,632,505

• Cash

  +275.4%

  £419,688 → £1,575,322

• Net assets

  +164%

  -£8,137,643 → £5,211,151

  first positive since 2023

• Employees

  -2%

  99 → 97

  lowest in 3 filed years

• Operating profit

  +72.5%

  -£9,572,193 → -£2,629,559

• Profit before tax

  +82.5%

  -£10,420,084 → -£1,824,315

• Wages

  +11.8%

  £10,523,058 → £11,763,202

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. UNISPACE GLOBAL LIMITED 2011-08-22 → present
2. JEMC LIMITED 2011-07-27 → 2011-08-22

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate for the following reasons: The Company reported management EBITDA of £1.9 million and had cash balance of £1.6 million. The Company's Management Net Asset position was £5.0 million with an increase of £13.1 million from a net liability of £8.1 million in 2023. The Company does not currently have any external debt. ... The Directors have performed a going concern assessment which indicates that, in both the base and reasonably possible downsides, the Company will have sufficient funds to meet its liabilities as they fall due during 12-month period ending following the approval of these financial statements or the date of this annual report, the going concern assessment period. This assessment is dependent on its immediate parent and fellow subsidiary companies, not seeking repayment of the amounts currently due to the group (see note 17). PAGAC Urban Holding (UK) Ltd has indicated that it does not intend to seek repayment of these amounts currently due to the group during the going concern assessment period. As with any company placing reliance on other group entities for financial support, the Directors acknowledge that there can be no certainty that this support will continue.”

Group structure

1. UNISPACE GLOBAL LIMITED · parent
   1. Unispace Global France (SAS) 100% · Paris, France · Turn-key workplace solutions
   2. Unispace Global GmbH 100% · Berlin, Germany · Turn-key workplace solutions
   3. Unispace B.V. 100% · Amsterdam, Netherlands · Turn-key workplace solutions
   4. Unispace Global Sl. 100% · Madrid, Spain · Turn-key workplace solutions
   5. Unispace Global Srl 100% · Milan, Italy · Turn-key workplace solutions
   6. Unispace Global Ltd. 100% · Zurich, Switzerland · Turn-key workplace solutions
   7. Bio Pharma Engineering Limited 100% · Mahon, Cork, Ireland · Engineering design and project management firm
   8. Bulb Interiors Limited 100% · Newbury, Berkshire, United Kingdom · Turn-key workplace solutions
   9. Bulb Interiors (Ireland) Limited 100% · Dublin, Ireland · Turn-key workplace solutions
   10. G.A Group Holdings Limited 100% · London, United Kingdom · Interior and architectural design

Significant events

• “On 15 August 2023 the Company acquired 100% of the voting equity instruments of the Bulb Interiors Limited, a private limited company incorporated in England and Wales specialising in the design and construction of commercial interiors for the life sciences sector.”
• “The Company recognised £4.2 million of exceptional items during the year, which include: Restructuring Costs - Associated with streamlining operations and integrating acquired entities. Deferred Capital Payments - Related to prior acquisition agreements and settled during the year, impacting cash flow. Integration Expenses - Costs incurred in aligning systems, teams, and processes following the GA and Bulb acquisitions.”

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

Filings

19

last 12 months

Capital events

1

last 24 months

Officers appointed

3

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.