Workspace Design Global Limited

Workspace Design Global Ltd, based in Perth, UK, is a sizable family business with an active status. Founded four years ago, the company employs 49 people and holds assets of £3,900,950. Its yearly revenue is a substantial £13,754,273, indicating a thriving operation. With three directors and four owners, it’s a well-managed entity, and the real address suggests a stable physical presence.

The company operates as a holding company, meaning it likely owns other businesses, and is involved in the construction industry, specifically other construction installation. They are irregular importers of electrical machinery and equipment, with the last import occurring in July 2024, but are regular exporters of furniture, lighting, and prefabricated buildings—a strong export record spanning 34 months, with the last export in February 2025.

Financially, Workspace Design Global Ltd demonstrates mixed trends. While turnover increased by a healthy 6%, net assets decreased by 12% to £1.2 million. Bank borrowings increased by a considerable 1,400%, reaching £130,000, while cash reserves declined by 10% to £490,000. Creditors, however, decreased by 11%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover over £36 million and balance sheet total over £18 million.

The company’s auditor is Drummond Laurie CA, and the financial statements are audited, providing a degree of assurance. The increase in bank borrowings, despite a rise in turnover, could indicate investment in growth or perhaps increased operational expenses. The decrease in cash reserves, while not alarming, warrants monitoring. The company’s reliance on exports, particularly in furniture and lighting, also exposes it to fluctuations in global demand. Overall, Workspace Design Global Ltd appears to be a robust company, but it’s important to keep an eye on its borrowing levels and the broader economic environment.

Registered in Scotland under the registration number SC687820, with a registered address at PH1 3JE, Scotland, Perth, 1 Bertha Park View, Inveralmond Industrial Estate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.