WORKSPACE GROUP PLC
Company Information
- Company Number
- 02041612
- Registered Address
- Canterbury Court Kennington Park, 1-3 Brixton Road, London, England, SW9 6DE
- Status
- Active
- Employee Count
- 291
- Turnover
- £174,200,000
- EBITDA
- -£200,000
Additional Details
- Website
- https://busworks.co.uk/
- Company Type
- Public limited Company
- Incorporated On
- 29 July 1986
- Nature of Business
- 68209 - Other letting and operating of own or leased real estate
- Industries
- Property,Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 15 | 86% | 8% | 6% | 39% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 19 | 77% | 10% | 13% | 36% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Nov 2023 | 18 | 83% | 9% | 8% | 32% |
| 01 Apr 2022 - 30 Sept 2022 | 18 Oct 2022 | 22 | 89% | 9% | 2% | 25% |
| 01 Apr 2021 - 30 Sept 2021 | 20 Oct 2021 | 21 | 86% | 12% | 3% | 22% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 24 | 88% | 7% | 5% | 25% |
| 01 Apr 2020 - 30 Sept 2020 | 19 Oct 2020 | 22 | 85% | 11% | 4% | 29% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 20 | 86% | 11% | 3% | 35% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 22 | 82% | 14% | 4% | 35% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Purchase order payment terms: payment to be made within 28/30 days from the receipt of an undisputed valid invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any invoice disputes are dealt with between the supplier and the Workspace representative that initiated the contract/service/supply of goods.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
Workspace Group PLC is a British commercial property company that provides flexible workspaces for businesses of all sizes. The company was founded in 1987 and is headquartered in London, UK.
They offer a range of products and services, including serviced offices, co-working spaces, meeting rooms, and virtual offices. Their workspaces are designed to be modern, innovative, and adaptable to the needs of their clients.
Workspace Group PLC is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability program that focuses on energy efficiency, waste reduction, and promoting sustainable practices among their employees and tenants.
The key people at Workspace Group PLC include its CEO, Graham Clemett, and its Chairman, Jamie Hopkins. They lead a team of experienced professionals who are dedicated to providing high-quality workspaces and excellent customer service.
For more information on their products and services, as well as their sustainability efforts, visit their website at www.workspace.co.uk. Their registered office address is 20 Eastbourne Terrace, London, W2 6LG, UK.
