Leicester Creative Business Depot

Name

Leicester Creative Business Depot

Legal name

Leicester Creative Business Depot

Website

https://lcbdepot.co.uk

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Creative Workspace and Venue Services

NAICS

Office Administrative Services (5611), Food Service Contractors (722310), Business Service Centers (56143)

SIC

Services-Facilities Support Management Services (8744), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Retail-Eating & Drinking Places (5810)

akta.pro industry

PRIMARYTHAGALAF

Corporate Conference Center Hotels

Travel & Hospitality/Lodging & Accommodation/Convention & Conference Hotels

SECONDARYIMAIALAH

Office Services & Supplies Management (Stationery, Inventory, Vendor Coordination)

Industrials, Manufacturing & Construction/Industrial Services & Facility Operations/Facility Operations Support Services (Mailroom/Reception/Catering/Workplace Services)

Keywords

• Creative workspace rental
• Co-working business lounges
• Meeting room hire
• Venue hire services
• Creative industries hub

Headquarters

HQ city

Leicester

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Workspace Rental: Monthly rental of dedicated studios, shared spaces, and co-working environments to creative businesses and freelancers. Tenants can take spaces on individual or shared basis with short-term lease options (minimum one month) or longer 2-year rolling basis. All workspaces receive 100% small business rates relief.
2. Business Lounge Membership: Monthly membership for creatives accessing shared business lounge environment with 24/7 access, furnished workspace, lockable storage, wifi, and postal address service.
3. Room and Venue Hire: Rental of meeting rooms (4 rooms accommodating 7-40 people) and whole venue hire for corporate events, parties, networking, and launches.
4. Grays Café & Bar: On-site café-bar operated by Grays serving breakfast, lunch, snacks, and beverages to tenants, visitors, and event attendees.
5. Events Programme: Revenue from ticketed events including Last Friday street food nights, exhibitions, workshops, and festivals. Events attract 20,000+ audience annually.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Leicester Creative Business Depot (LCB Depot) provides affordable physical workspace, co-working business lounges, meeting rooms, and whole venue hire to creative businesses, freelancers, and artists across four buildings in Leicester's Cultural Quarter. It also operates an on-site café (Grays), a year-round exhibitions and events programme including the LastFriday street food nights, and business support services via partner organisations.

Product overview

Leicester Creative Business Depot (LCB Depot) operates a creative industries hub providing physical workspace solutions and a vibrant events programme. The core offering includes workspace studios and Business Lounge co-working memberships across four locations (LCB Depot, Phoenix Square, Makers' Yard, and Canopy), supplemented by meeting room and whole-venue hire services. The venue hosts Grays Cafe & Kitchen on-site and operates the LastFriday monthly street food event, an extensive exhibitions programme spanning art, craft, design, fashion, film, sound and digital media, and the SHOP at LCB retail initiative featuring Got Enough Books and Night Market. All workspaces include 100% small business rates relief and managed internet and telephony.

Differentiator

Problem solved

Functional benefit

Brands

• Grays Café: Coffee shop and kitchen located on the ground floor of LCB Depot, serving fresh seasonal food and award-winning coffee
• LastFriday
• CQ Earlies
• Create Leicester

Products and services

• LCB Depot Workspace (Dedicated Studios)
• Business Lounge Membership
• Meeting Room Hire
• Whole Venue Hire
• Phoenix Square Workspace
• Makers' Yard Workspace
• Canopy Workspace
• Grays Café & Bar
• LastFriday Street Food Nights
• Exhibitions Programme
• SHOP at LCB Retail Programme

Quantifiable outcome

• 100% small business rates relief for all workspace tenants
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Leicester City CouncilcoreOthersLCB Depot, Makers' Yard and Phoenix Workspaces are owned and operated by Leicester City Council's City Development & Neighbourhoods | Tourism, Culture & Investment division. The council provides strategic direction, funding, and operational support as the parent organisation.
• Vehicle ArtscoreStrategic or Co-development PartnerLCB's creative programme's exhibition and events programme is delivered in partnership with independent arts producer Vehicle Arts, which helps curate and produce exhibitions and events.
• De Montfort University (DMU)coreStrategic or Co-development PartnerLCB actively participates with higher education institutions including DMU. The university provides student talent, graduate pathways, collaborative projects, and serves as Education Partner for events like Create Leicester. LCB supports DMU's enterprise and entrepreneurship initiatives.
• University of LeicesterminorStrategic or Co-development PartnerLCB has built good working relationships with the city's universities including University of Leicester to support and promote entrepreneurship and the creative industries.
• BizgatewaycoreGTM or Marketing PartnerBizgateway provides free 1-to-1 business advice, webinars, access to finance/grants, and business support workshops for Leicester/shire businesses. Promoted as the first point of contact for businesses needing support.
• 1284, Anicca, Brand Ignite, CGI, Digital Planning, Effect Digital, Herdl, Swipe & Tap (Create Leicester Partners)minorGTM or Marketing PartnerSupporting partners for Create Leicester quarterly events aimed at inspiring Leicester's digital design community. Event also has Strategic Partners (Landmark) and Bar Sponsors (The Agency Works).
• Leicester Print WorkshopminorStrategic or Co-development PartnerLeicester Print Workshop takes over LCB Depot's Print Room with exhibitions from their members, creating a collaborative exhibition space.
• Leicester Startups, Leicester Innovation, DMU Innovation Centre, Case CooperativeminorGTM or Marketing PartnerReferral and support network partners for startups and growing creative enterprises. LCB promotes these resources to entrepreneurs looking to start or grow their creative businesses.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Watershed: Bristol-based cultural hub combining a cinema, café-bar, and creative workspace with a regular programme of events and festivals - overlapping mix of venue hire, café, and creative community programming.
• Eastside Projects: Birmingham-based contemporary art organisation providing artist studios and a public exhibitions programme - similar model of subsidised creative workspace tied to year-round cultural programming.
• Yorkshire Artspace: Sheffield-based organisation providing affordable studios and workspace for artists and designer-makers, with supporting exhibitions and training programmes - directly comparable focus on creative practitioner tenants.
• The Custard Factory: Birmingham creative quarter offering studios, retail, office, and event spaces to creative and digital businesses - directly comparable repurposed-quarter model for creative SMEs with an events and exhibitions layer.
• The Tramway: Glasgow-based contemporary arts venue hosting exhibitions, performances, and community events within a publicly funded cultural institution - comparable publicly supported arts venue with venue hire and event programming.
• HOME (Manchester): Manchester arts centre combining cinemas, theatres, galleries, and creative workspace with a bar/restaurant and community engagement - comparable mixed-use cultural hub model anchored in a major regional city.
• Spike Island: Bristol-based visual arts centre offering studio space for artists and designers alongside a publicly accessible programme of exhibitions and events - similar combination of workspace tenancy and public cultural programming.
• Baltic Creative CIC: Liverpool-based creative enterprise hub providing affordable studios, co-working, and event spaces to creative businesses - the closest functional analogue to LCB Depot's multi-site creative hub model in a UK regional city.

Broad incumbents

• Battersea Arts Centre: London-based arts venue operating creative workspace, performance spaces, and a year-round cultural programme - overlaps with LCB's venue hire, events, and creative community functions, but on a much larger established footprint.
• Second Home: London-headquartered, global coworking operator explicitly targeting creative industries with design-led workspaces, events, and member programming - functionally similar creative-focused coworking model but at significantly larger scale and commercial pricing.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/lcbdepot
• YouTubeyoutube.com/channel/UCKr4AFjjar3QiXw84HqB14A/featured
• Facebookfacebook.com/LCBDepot
• LinkedInlinkedin.com/company/lcbdepot
• Instagraminstagram.com/lcbdepot

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds

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 Leicester Creative Business Depot