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Workspace Group Fundamentals

Company Name Workspace Group Last Updated 17 Apr 2019
Industry Real Estate Sector Real Estate Investment Trusts
Shares in Issue (m) 180.39 Market Cap (£m) 1,735.31
PE Ratio 9.18 Div per Share (p) 27.39
Div Yield 3.03 Div Cover 3.59
EPS 104.80 EPS Growth (%) 92.29
PEG 0.10 DPS Growth (%) 30.00
Debt Ratio 24.33 Debt Equity Ratio 0.88
Net Gearing 26.01 Gross Gearing 26.77
Asset Equity Ratio 1.37 Cash Equity Ratio 1.05
Quick Ratio 0.54 Current Ratio 0.54
Price To Book Value 1.01 ROCE 7.53

Workspace Group Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total
H1 Dividend 10 Jan 2019 06 Feb 2019 GBX 10.61
H2 Dividend 05 Jul 2018 03 Aug 2018 GBX 18.55 27.39
H1 Dividend 11 Jan 2018 06 Feb 2018 GBX 8.84
H2 Dividend 06 Jul 2017 07 Aug 2017 GBX 14.27 21.07
H1 Dividend 12 Jan 2017 07 Feb 2017 GBX 6.80
H2 Dividend 07 Jul 2016 05 Aug 2016 GBX 10.19 15.05
H1 Dividend 07 Jan 2016 02 Feb 2016 GBX 4.86
H2 Dividend 09 Jul 2015 09 Aug 2015 GBX 8.15 12.04
H1 Dividend 08 Jan 2015 03 Feb 2015 GBX 3.89
H2 Dividend 09 Jul 2014 01 Aug 2014 GBX 7.09 10.63

Workspace Group Company Financials

Assets (£m) 2018 2017 2016
Tangible Assets 3 3 2
Intangible Assets 1 1 1
Investments 2,295 1,862 1,794
Total Fixed Assets 2,299 1,865 1,797
Stocks 0 0 0
Debtors 22 25 52
Cash & Equivalents 18 7 28
Other Assets 0 0 0
Total Assets 2,339 1,897 1,876
Liabilities (£m) 2018 2017 2016
Creditors within 1 year 76 53 50
Creditors after 1 year 551 266 309
Other Liabilities 0 0 0
Total Liabilities 626 319 359
Net assets 1,713 1,579 1,518
Equity (£m) 2018 2017 2016
Called up share capital 164 163 162
Share Premium 135 135 136
Profit / Loss 170 89 391
Other Equity 10 10 10
Preference & Minorities 0 0 0
Total Capital Employed 1,713 1,579 1,518
Ratios 2018 2017 2016
Debt Ratio 24.33 14.40 16.93
Debt-to-Equity 0.88 0.83 0.86
Net Gearing 26.01 16.45 17.64
Gross Gearing 26.77 16.79 19.12
Assets / Equity 1.37 1.20 1.24
Cash / Equity 1.05 0.41 1.83
EPS 104.80 54.50 240.30
Cash Flow (£m) 2018 2017 2016
Cash from operating activities 74 53 50
Cashflow before financing -235 62 19
Increase in Cash 12 -21 -15
Income (£m) 2018 2017 2016
Turnover 129 109 101
Cost of sales 33 30 27
Gross Profit 96 79 74
Operating Profit 189 104 403
Pre-Tax profit 170 89 391
Profit / Loss for the year 164 163 162

Workspace Group Company Background

Sector Real Estate Investment Trusts
Activities Workspace Group plc owns and manages 3.6 million sq. ft. of business space across 66 London properties. It is home to some 4,000 businesses including some of the fastest growing and established brands across a wide range of sectors. The way businesses work is changing. That's why it continually invests in providing the technology infrastructure that enables our customers to think and move fast, and alongside their working environment, is tailored to each individual business.
Latest Interim Date 14 Nov 2018
Latest Fiscal Year End Date 06 Jun 2018

Workspace Group Directors

Appointed Director Position
07 Jun 2010 Jameson Paul Hopkins Chief Executive Officer
31 Jul 2007 Graham Colin Clemett Group Finance Director
28 Jul 2011 Daniel John Kitchen Non-Executive Chairman
23 Jan 2019 Ishbel Jean Stewart Macpherson Non-Executive Director
07 Feb 2013 Christopher Francis Gregory Girling Non-Executive Director
16 Jul 2014 Stephen Arthur Hubbard Non-Executive Director
22 May 2012 Dr Maria Victoria Moloney Non-Executive Director
29 May 2013 Damon James Russell Non-Executive Director

Workspace Group Contact Details

Company Name Workspace Group
Company Address Kennington Park Business Centre, 1-3 Brixton Road, London SW9 6DE.
Company Telephone +44 (0)20 7138 3300
Company Website http://www.workspacegroup.co.uk/

Workspace Group Advisors

Auditor Name PricewaterhouseCoopers LLP
Auditor Address 1 Embankment Place, London WC2N 6RH.
Auditor Website http://www.pwc.co.uk/
Auditor Telephone +44(0) 20 7583 5000
Registrar Name Computershare Investor Service
Registrar Address The Pavillions, Bridgwater Road, Bristol BS99 1XZ.
Registrar Website http://www-uk.computershare.com/
Registrar Telephone 0870 702 0010
Broker Name Liberum Capital
Broker Address City Point, 10th Floor, 1 Ropemaker Street, London EC2Y 9HT.
Broker Website http://www.liberumcapital.com/
Broker Telephone +44 (0)20 3100 2000
Adviser Name N M Rothschild
Adviser Address 1 King William Street, London EC4N 7AR.
Adviser Website http://www.rothschild.com/
Adviser Telephone +44 (0)20 7280 5000
Solicitor Name Norton Rose LLP
Solicitor Address 3 More London Riverside, London SE1 2AQ.
Solicitor Website http://www.nortonrose.com/
Solicitor Telephone +44 (0)20 7283 6000
Stockbroker Name Investec Securities
Stockbroker Address 2 Gresham Street, London EC2V 7QP.
Stockbroker Website http://www.investec.com/
Stockbroker Telephone +44 (0)207 597 4000