Newable Office Space Limited
Registered name: NEWABLE OFFICE SPACE LIMITED
Part of Newable Partnership Limited groupNewable Office Space Limited made £18.1m revenue and a £7m loss in the year to 31 Mar 2026.
Newable Office Space Limited’s revenue grew 17% to £18.1m in the year to 31 Mar 2026, with a loss of £7m and 102 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £18.2m | £15.4m | £18.1m |
| Cost of sales | £0 | £0 | £0 |
| Gross profit | £18.2m | £15.4m | £18.1m |
| Operating profit | −£4.2m | −£3.7m | −£8.4m |
| Profit before tax | −£4.7m | −£4m | −£8.6m |
| Profit after tax | −£4.1m | −£2.4m | −£7m |
| Profit (best available) | −£4.1m | −£2.4m | −£7m |
| Employees (average) | 181 | 121 | 102 |
| Ratios | |||
| Profit margin | −22.4% | −15.7% | −38.6% |
| Gross margin | 100% | 100% | 100% |
| Revenue per employee | £100k | £128k | £178k |
| Profit per employee | −£22.5k | −£20.1k | −£68.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▼15.1% | ▲17.3% |
| Headcount growth | — | ▼33.1% | ▼15.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −38.6%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £178k
- Revenue ÷ average employees.
- Profit per employee
- −£68.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼16%
- Now 102
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Newable Partnership Limitedultimate parent75–100%
- Newable UK Holdings Limited75–100%
- Newable Office Space Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Bold Tech Ventures Ltd.Figures not disclosed
- Newflex Holdings LimitedFigures not disclosed
Sister companies (12)
- Aoh Workspace LimitedFigures not disclosed
- Newable Advice LimitedFigures not disclosed
- Newable Commerce LimitedFigures not disclosed
- Newable Commercial Property LimitedFigures not disclosed
- Newable Digital LimitedFigures not disclosed
- Newable Equity LimitedFigures not disclosed
- Newable Finance LimitedFigures not disclosed
- Newable Investments LimitedFigures not disclosed
- Newable Management Services LimitedFigures not disclosed
- Newable Properties LimitedFigures not disclosed
- Newable Property Developments LimitedFigures not disclosed
- Newable Synergy LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit −£7m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.