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Workspace Group

Current Price 380.00p Bid 373.00p Ask 383.00p Change 0.13%
Last Updated: 04/12/2025 16:51. Prices delayed by at least 15 minutes.
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Company Overview

Workspace Group rents out offices, studios, and warehouses to small and medium sized enterprises in London and the South East. Tenants can utilise the groups' privileged insurance scheme, Workspace Plus Insurance, and many apartments are being networked with internet through their joint venture with Centric Telecom.

Financial Highlights Year Ended 31/03/2025

Revenue
£185.20m
Operating Profit/Loss
£37.40m
Dividend yield (%)
6.80
Total dividend for year
n/ap
Dividend cover
1.21
P/E Ratio
12.10

Key Personnel

Mr Lawrence Hutchings
Chief Executive Officer
Mr David Benson
Chief Financial Officer
Mr Nick Mackenzie
Independent Non-Executive Director
Ms Manju Malhotra
Independent Non-Executive Director
Mr David Stevenson
Non-Executive Director
Mr Duncan Owen
Non-Executive Director
Mr Lesley-Ann Nash
Non-Executive Director
Ms Rosie Shapland
Non-Executive Director

Stock Details

EPIC
WKPL
ISIN
GB00B67G5X01
Shares in Issue
162.40m
Market cap
£617.12m

Analyst Views (3)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
380.00p
Bid Price
373.00p
Ask Price
383.00p
Volume
10,942
Change Today
0.50p
% Change Today
0.13%
Open
382.00p
Previous Close
380.00p
Intraday High
384.00p
Intraday Low
379.50p
52 Week High
558.50p
52 Week Low
361.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Mar 2025
31 Mar 2024
 
£ (M)
£ (M)
Continuing Operations
Revenue
185.20
184.30
Operating Profit/Loss
37.40
-157.90
Net Interest
-32.00
-34.90
Pre-Tax Profit
5.40
-192.80
Profit After Tax from continuing operations
5.40
-192.50
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
5.40
-192.50
Attributable to:
Equity Holders of Parent Company
5.40
-192.50
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Mar 2025
31 Mar 2024
Basic
2.80p
-100.40p
Diluted
2.80p
-100.40p
Adjusted
34.50p
34.10p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Mar 2025
31 Mar 2024
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
3.40
3.00
Intangible Assets
1.10
2.20
Investment Properties
2,351.70
2,408.50
Investments
3.30
3.20
Other Financial Assets
n/a
0.20
Other Non-Current Assets
0.30
0.30
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
32.80
36.70
Cash at Bank & In Hand
32.70
11.60
Current Asset Investments
n/a
n/a
Other Current Assets
45.20
65.70
Other Assets
n/a
n/a
Total Assets
2,470.50
2,531.40

Liabilities

Year End Date
31 Mar 2025
31 Mar 2024
 
£ (M)
£ (M)
Current Liabilities
Borrowings
79.90
n/a
Other Current Liabilities
92.30
93.00
Total Current Liabilities
172.20
93.00
Non-Current Liabilities
Borrowings
796.10
889.50
Provisions
n/a
n/a
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
796.10
889.50
Other Liabilities
n/a
n/a
Total Liabilities
968.30
982.50

Net Assets

Year End Date
31 Mar 2025
31 Mar 2024
 
£ (M)
£ (M)
Net Assets
1,502.20
1,548.90

Capital & Reserves

Year End Date
31 Mar 2025
31 Mar 2024
 
£ (M)
£ (M)
Share Capital
192.10
191.90
Share Premium Account
295.60
296.60
Other Reserves
70.90
83.10
Retained Earnings
943.60
977.30
Shareholders Funds
1,502.20
1,548.90
Minority Interests/Other Equity
n/a
n/a
Total Equity
1,502.20
1,548.90

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
08 Jan 2026
02 Feb 2026
9.40p
Final
03 Jul 2025
01 Aug 2025
19.00p
Interim
09 Jan 2025
03 Feb 2025
9.40p
Final
04 Jul 2024
02 Aug 2024
19.00p
Interim
04 Jan 2024
02 Feb 2024
9.00p
Final
06 Jul 2023
04 Aug 2023
17.40p
Interim
05 Jan 2023
01 Feb 2023
8.40p
Final
07 Jul 2022
05 Aug 2022
14.50p
Interim
06 Jan 2022
02 Feb 2022
7.00p
Final
01 Jul 2021
06 Aug 2021
17.75p
Final
02 Jul 2020
07 Aug 2020
24.49p
Interim
09 Jan 2020
05 Feb 2020
11.67p
Final
04 Jul 2019
02 Aug 2019
22.26p
Interim
10 Jan 2019
06 Feb 2019
10.61p
Final
05 Jul 2018
03 Aug 2018
18.55p
Interim
11 Jan 2018
06 Feb 2018
8.84p
Final
06 Jul 2017
07 Aug 2017
14.27p
Interim
12 Jan 2017
07 Feb 2017
6.80p
Final
07 Jul 2016
05 Aug 2016
10.19p
Interim
07 Jan 2016
02 Feb 2016
4.86p
Final
09 Jul 2015
07 Aug 2015
8.15p
Interim
08 Jan 2015
03 Feb 2015
3.89p

Dividend Metrics

Year End Date
31 Mar 2025
31 Mar 2024
Dividend growth
1.43%
8.53%
Dividend yield
6.80%
5.50%
Dividend cover
1.21
1.22


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