LABS

What LABS does

LABS is a London-based design-led flexible workspace provider operating nine locations across two campuses — Camden and Holborn — totalling approximately 280,000 sq ft of office space and 60 fully equipped meeting rooms. Founded in 2017 and independently owned, the company delivers serviced private offices, roaming memberships, day passes, bespoke enterprise solutions, meeting room hire and premium event venue access (notably the 7th Floor Sky Lounge at LABS House, capacity 250 standing) to a customer base spanning startups, creative professionals, growing SMEs and established enterprises. The company also operates an Affordable Workspace programme in partnership with the Greater London Authority and local councils, supporting early-stage businesses and social enterprises with discounted rates.

The business model is anchored on recurring monthly subscriptions for private offices and roaming memberships (roaming priced from £299/month + VAT, private desks from £300 to £650/month depending on location), supplemented by transactional revenue from day passes (from £45 + VAT), hourly meeting room hire (£22-£220/hour by location and room tier) and event space rentals. Distribution is hybrid: direct field sales for enterprise clients seeking bespoke sole-occupancy solutions, and self-serve digital channels — labs.com, the LABS App and the Nexudus-powered booking platform — for individuals and SMEs. A member referral programme offering up to £20,000 per private office deal institutionalises member-led lead generation, and a curated community events programme (wellbeing, professional development, creative workshops) underpins both retention and acquisition.

The technology proposition is centred on a turnkey infrastructure stack (dual-bandwidth Wi-Fi, dedicated secure networks for private offices, cloud desktops and storage, VOIP and conference calling) wrapped in a proprietary mobile application and a third-party Nexudus booking backbone. There is no public API, no disclosed AI capability, and no evidence of proprietary platform development beyond the app layer and front-end integrations. The company operates through two parallel UK private limited companies — LABS Worldwide Limited and LABS Camden Limited — with no disclosed external equity or venture funding, and serves exclusively the Greater London market.

Name

LABS

Legal name

LABS Worldwide Limited

Website

https://labs.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

251–500 employees

Short description

LABS operates nine design-led flexible workspace locations across Camden and Holborn in central London, offering serviced private offices, roaming memberships, day passes, meeting rooms and bespoke enterprise solutions to startups, SMEs and enterprises.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Private Office Memberships: Monthly recurring revenue from dedicated private office spaces. Members pay a monthly fee for exclusive use of office space with access to all building amenities, meeting rooms, and community events. Billing is aligned to the member's start date, with first month pro-rated.
2. Roaming Memberships: Monthly subscription (£299+ VAT) providing access to six London locations with flexible hot-desking. Members can use any available desk across locations with full amenity access including gyms, meeting rooms, and communal spaces.
3. Day Passes: One-time daily access (£45+ VAT) to coworking spaces and select facilities. Commitment-free option for occasional users or those evaluating the service.
4. Meeting Room Hire: Hourly rental of fully equipped meeting rooms ranging from £22/hour (Camden) to £220/hour (premium Holborn rooms). Provides flexible revenue from both members and non-members.
5. Event Space Rental: Premium event venue hire including the 7th Floor Sky Lounge at LABS House with panoramic London views, catering for up to 250 standing guests. Bar service provided by Café Botanical.
6. Enterprise Custom Solutions: Bespoke office design, build, and management services for enterprise clients requiring sole occupancy. Consolidated monthly fee covering IT infrastructure, furnishings, utilities, security, and ongoing management.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

LABS provides design-led flexible office space across nine London locations in Camden and Holborn. Core deliverables include fully-fitted private offices, roaming coworking memberships, day passes, bespoke enterprise office solutions, and bookable meeting rooms and event spaces, each bundled with enterprise-grade connectivity, cloud desktops, and an in-house member technology platform.

Product overview

LABS is a design-led flexible office space provider offering a portfolio of workspace solutions across nine London locations in Camden and Holborn. The core offering comprises Private Offices (dedicated, secure, fully-serviced spaces with dedicated network infrastructure), Roaming Membership (£299/month for access to six locations), Day Passes (£45/day for flexible daily access), and Enterprise (bespoke sole-occupancy offices with end-to-end management). Supporting services include Meeting Rooms & Event Spaces (60 meeting rooms across both campuses plus the 7th Floor Sky Lounge for up to 250), an Affordable Workspace programme for qualifying startups and social enterprises, the LABS Edit editorial content hub, a member-facing mobile app, and a technology package offering cloud desktops, VOIP, VLAN, and private networks. The company positions itself at the intersection of real estate assets and digital technology for connected working.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Offices Furnished, design-led private office space available across LABS' London buildings for teams needing a dedicated, fully serviced workspace. Suited to startups, growing businesses, and established companies that want a turnkey office without long lease commitments or fit-out costs. Pricing is per desk on flexible terms.
• Roaming Membership Monthly membership that lets members use any available desk or shared workspace across all LABS buildings in Camden and Holborn. Designed for individuals and small teams who want flexibility, premium environments, and member benefits without a dedicated private office.
• Day Pass Single-day access to LABS coworking spaces, used by individuals, visiting teams, or those trying out the workspace before committing to a longer membership.
• Enterprise Bespoke, fully customisable office solution for large organisations, spanning single or multiple buildings across the LABS portfolio. Includes dedicated private floors, branded fit-out, private Wi-Fi networks and VLANs, advanced security, and integration with LABS technology. Suited to enterprises needing a multi-location London footprint without the rigidity of a traditional lease.
• Meeting Rooms & Event Spaces Hourly hire of meeting rooms and event spaces across LABS buildings, equipped with screens, video conferencing, and VOIP. Used by members for day-to-day meetings and by external clients for events, screenings, launches, and off-sites.
• Affordable Workspace Subsidised workspace offering run in partnership with Camden Council, providing affordable office, coworking, meeting and event space to startups, charities, social enterprises, and project-based teams. Enables access to LABS' design-led, fully serviced environment for organisations that would otherwise be priced out of prime London real estate.

Quantifiable outcome

• 9 design-led locations across central London
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered minor and core.

• ExpressVPNminorGTM or Marketing PartnerPartnership providing ExpressVPN service free for LABS members to enhance guest Wi-Fi experience at LABS locations.
• Greater London AuthoritycoreStrategic or Co-development PartnerPartnership through LABS's Affordable Workspace programme supporting emerging businesses and entrepreneurs with discounted workspace rates in Camden.
• Local London CouncilscoreStrategic or Co-development PartnerPartnership providing workspaces at discounted rates to qualifying early-stage businesses, social enterprises, and not-for-profit organisations.
• Lightwater PlantsminorOthersBotanical partner supplying and maintaining indoor plants throughout common areas. Also offers plant packages (Copse, Grove, Forest options) for new members joining LABS Collective.
• Café BotanicalminorOthersAll-day café and lounge operator at LABS Hogarth House, LABS House, and event spaces. Operates the bar at the 7th Floor Sky Lounge events venue.
• Corretto By The CanalminorOthersModern Italian all-day café located at LABS Hawley Lock, providing food and beverage service for members.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Workspace Group: UK-listed flexible office provider operating ~80 London locations centred on creative and SME tenants. Directly comparable in target market (London small/medium businesses) and product (offices, studios, meeting rooms) but at much greater scale and with a REIT-style capital model.
• Industrious: A US-headquartered premium flexible workspace operator now expanding into the UK. Comparable product mix (private offices, suites, enterprise solutions) and design-led brand positioning similar to LABS, though broader geographic footprint.
• WeWork: Global flexible workspace brand operating major London locations post-restructuring. Closest direct category peer to LABS for shared office, private office, and enterprise products, with significantly larger scale but weakened brand equity.
• The Office Group: A UK-based design-led flexible workspace provider (now part of IWG) operating premium buildings across London. Closest direct competitor to LABS in positioning (design-led, mid-to-premium London locations) with similar product mix of private offices, coworking, meeting rooms, and bespoke solutions.

Emerging players

• Runway East: UK flexible workspace brand operating design-led locations primarily in London, with a focus on startups and SMEs. Comparable to LABS in product mix (coworking, private offices, meeting rooms) and target customer, though at smaller scale and with less emphasis on enterprise solutions.
• Mindspace: A growing flexible workspace operator focused on premium, design-led locations across Europe and Israel. Comparable to LABS in product mix (private offices, coworking, meeting rooms, enterprise) and customer segment, with similar brand-led positioning.
• Second Home: Design-led, community-first flexible workspace operator with a London heritage and selected international sites. Comparable to LABS in aesthetic, curated events programming, and member experience focus, though differentiated by bolder design concepts.

Broad incumbents

• IWG (Regus / Spaces): The largest global flexible workspace operator with multiple brands (Regus, Spaces, HQ). Directly comparable to LABS in offering private offices and coworking, but with global scale and a broader portfolio — LABS competes most directly with IWG's Spaces brand in central London.
• Servcorp: Global premium flexible office and virtual office provider with extensive London presence. Comparable to LABS in offering private offices, meeting rooms, and enterprise services, but differentiated by its emphasis on virtual offices and global corporate clients.

Regional players

• The Trampery: A UK-based workspace provider and government-delivery partner (similar to LABS's GLA partnership) focused on startups, social enterprises, and innovation programmes. Comparable in mission and public-sector partnership model, though smaller and more impact-focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/LABSWorkWorldwide
• LinkedInlinkedin.com/company/labsworldwide
• Instagraminstagram.com/labs_worldwide/?hl=en
• Xx.com/labs_worldwide

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

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 LABS