Co-Space

What Co-Space does

Co-Space, trading under CoSpace Group Limited (Company Number 11489535), is a privately held UK flexible workspace operator founded in 2018 by co-founders William Stokes (CEO) and Alistair Thomas (CFO) and headquartered in Stevenage. The company designs, operates, and markets design-led co-working spaces, serviced offices, and meeting rooms across four UK sites — Reading, Stevenage, Milton Keynes, and St Albans — all sited within short walks of major rail stations with direct connections to central London. Its offering spans four core membership tiers (Hot Desk, Dedicated Desk, Private Office, Virtual Office) plus standalone meeting room hire, with capacity across sites accommodating teams of roughly 2 to 60+ people.

The product is delivered through a proprietary member portal (members.co-space.co.uk) and a Co-Space mobile application available on iOS App Store and Google Play, both running on the OfficeRnD backend (com.officernd.co_space). The supporting marketing site is built on WordPress with Elementor for content management and Wordfence for security. Physical-site features include 24/7 access with card entry and CCTV, soundproofed meeting rooms, secure WiFi, cycle storage, lockers and showers, on-site parking (where available), and managed reception during business hours. Member programming includes weekly happy hours, wellness days, and business conferences intended to drive community engagement and referrals.

Co-Space generates revenue primarily through recurring monthly subscriptions across its membership tiers, supplemented by usage-based meeting room rentals (open to both members and non-members), mail handling and registered address services bundled into virtual office packages, and ancillary parking fees. Pricing is quote-based for memberships, with publicly disclosed figures limited to a £25 refundable access card deposit for hot desk sign-ups and parking rates at each site (Reading £7.50+VAT/day, Milton Keynes £6+VAT/day, Stevenage £3.50/day). Customer acquisition combines direct-to-consumer self-serve booking, inside sales via phone enquiry, on-site tours handled by Community Managers, and a referral program targeting 6–12 month term sign-ups.

Name

Co-Space

Legal name

CoSpace Group Limited

Website

https://co-space.co.uk

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Co-Space is a UK-based, privately held flexible workspace operator founded in 2018, running design-led co-working, serviced offices, meeting rooms, and virtual offices across four regional locations (Reading, Stevenage, Milton Keynes, St Albans) for freelancers, SMBs, and growing enterprises.

Ownership category

akta.pro rank

Product category

Co-working and Serviced Offices

NAICS

Facilities Support Services (561210)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)

akta.pro secondary industry

Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK)

Keywords

• Flexible workspace
• Co-working spaces
• Serviced offices
• Meeting room rental
• Virtual office services

Headquarters

HQ city

Stevenage

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Membership Subscriptions: Recurring monthly subscriptions for Hot Desk, Dedicated Desk, Private Office, and Virtual Office memberships. Hot Desk memberships operate on flexible month-to-month basis with one full calendar month notice for termination. Private offices require minimum 12-month terms; dedicated desks minimum 6-month terms for referrals.
2. Meeting Room Rentals: Hourly or daily rental of meeting rooms for members and non-members. Prices are payable before use unless payment terms are approved for members with Direct Debit mandates. Meeting rooms accommodate 4-12 people depending on location.
3. Virtual Office Services: Monthly virtual office packages providing prestigious business address, mail handling and forwarding services, and meeting room discounts.
4. Access Pass Deposit: £25 refundable deposit required upon commencement of Hot Desk monthly membership, covering access card cost.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Co-Space operates design-led, flexible co-working and serviced office spaces across four UK locations (Reading, Stevenage HQ, Milton Keynes, and St Albans). It sells monthly memberships and on-demand bookings for private offices, dedicated desks, hot desks, virtual office addresses, and meeting rooms, bundled with WiFi, utilities, cleaning, and community programming.

Product overview

Co-Space is a UK-based co-working and serviced office provider offering a unified portfolio of flexible workspace solutions across four locations (Reading, Stevenage, Milton Keynes, St Albans). The product suite comprises four core membership-based offerings: Private Offices (customizable team spaces for 2-60+ people with 24/7 access and all-inclusive pricing), Dedicated Desks (personal assigned workstations with 24/7 access and amenities), Hot Desks (flexible communal access via day passes or monthly plans), and Virtual Offices (business address and mail services without physical space). Meeting Rooms are available for hire at all locations, accommodating groups of 4 to 12 people with full AV technology and refreshments. The offering is unified under a single membership framework with tiered plans, nationwide hot desking network access, and an integrated members app for booking and access management.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Offices Private, lockable office suites for teams of 2 to 60+ people at Co-Space's Reading, Stevenage, Milton Keynes, and St Albans locations. Available on flexible monthly memberships with all-inclusive pricing that bundles rates, utilities, high-speed WiFi, cleaning, and 24/7 access, targeting small to medium businesses and growing enterprises.
• Dedicated Desks Reserved individual workstations in shared co-working environments, offered on monthly memberships. Targeted at individual professionals, freelancers, and remote workers who want a permanent desk of their own with full access to amenities such as WiFi, meeting rooms, kitchen facilities, and community programming.
• Hot Desks Flexible drop-in co-working workstations available to any member on a first-come, first-served basis within shared co-working areas. Sold via monthly subscriptions or pay-as-you-go day passes, targeting freelancers, remote workers, and occasional users who need workspace without committing to a fixed desk.
• Virtual Offices A business address and mail-handling service that lets companies use a Co-Space location as their registered business address without occupying a physical desk. Targeted at small businesses, home-based businesses, and remote-first companies that need a professional UK presence, with mail forwarding or collection on flexible monthly terms.
• Meeting Rooms Soundproofed meeting rooms available to book by the hour or day across all four Co-Space locations, equipped with audio-visual and conferencing equipment. Sold to both members and non-members on a pay-as-you-go basis for meetings, training sessions, interviews, and small conferences, with catering available on request.

Quantifiable outcome

• Premium workspace environments designed for enhanced productivity, confidence, and wellbeing based on research-backed design approach

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• IWG (Regus, Spaces, HQ): The world's largest flexible workspace operator with hundreds of UK locations across Regus, Spaces, and HQ brands. Competes with Co-Space across all product tiers (private office, dedicated desk, hot desk, virtual office) but at vastly greater scale and capital depth.
• WeWork: Global co-working brand with significant London presence. Overlaps with Co-Space on private office, dedicated desk, and meeting room products, and competes for the same freelancer, SMB, and enterprise segments despite operating primarily in central London.
• WorkSpace Group (Workspace plc): London-focused flexible workspace provider operating a large portfolio of owned and managed properties, primarily in central London. Overlaps with Co-Space on flexible office products but at substantially larger scale and a more central-London skew.

Direct peers

• Orega: UK-based flexible office and co-working operator with multiple regional sites. Direct overlap with Co-Space on private offices, dedicated desks, and meeting rooms for SMB and growing-enterprise customers outside central London.
• Runway East: UK-focused co-working operator targeting startups, scale-ups, and SMBs with community-led, design-led spaces in regional UK cities. Closely comparable to Co-Space on product mix, target customer, and community programming.
• Landmark Space: UK flexible workspace provider with sites outside London serving growing businesses. Directly comparable on private offices, dedicated desks, and meeting room offerings for SMB customers in regional UK cities.
• FORA: London and UK-focused flexible workspace operator offering serviced offices, co-working, and meeting rooms. Overlaps with Co-Space across product tiers and SMB/mid-market customer segments.
• The Trampery: UK co-working operator with multiple London-area locations, focused on community-led and design-led workspace for startups and SMBs. Comparable to Co-Space on brand positioning and community programming.
• Clockwise: UK operator of flexible workspaces offering private offices, co-working, and meeting rooms in regional UK cities. Direct overlap with Co-Space on product mix and customer segments outside central London.

Regional players

• Town Hall Hotels (event & meeting venue hybrid): UK venue operator with meeting room and event space offerings in regional cities. Partial overlap with Co-Space's meeting room rental product rather than its core co-working/private office business.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/wearecospaceuk
• Facebookfacebook.com/wearecospace
• LinkedInlinkedin.com/company/wearecospace

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds5 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Co-Space