51. Headspace Group
The London co-working space helping ambitious young businesses, including Eventbrite, Buzzfeed and MOVE Guides, to thrive
Founder: Jonny Rosenblatt
Founded: September 2012 (launched August 2013)
Want to know where some of the UK’s most successful fast-growth young businesses live? Enter Headspace Group – the stylish Farringdon co-working space which has become the go-to office for the likes of Buzzfeed, Eventbrite, MOVE Guides and the London School of Photography.
Launched by commercial property entrepreneur Jonny Rosenblatt in the summer of 2013, Headspace is a start-up helping other start-ups – namely providing flexible serviced offices to enable businesses to grow – with around 25 companies among its current residents.
Boasting 100% occupancy and interest from major international firms such as Microsoft and Deloitte, when compared to other co-work offices in the capital, Headspace’s appeal is obvious. Alongside modern desk space and meeting rooms, its Hatton Garden site also operates its own “retro” games room, a barista coffee shop, and has an entire floor dedicated to events and networking.
It’s this niche proposition which has seen the company achieve impressive revenue growth; turnover for 2014 was £850,000 and 2015’s figures are set to hit £1.4m. The profitable company recently announced that it will be developing a further 4,000 square foot of office space at its current site to help support more start-ups; taking its total floor area to 16,000 square foot.
Providing an alternative to the “traditional, onerous leases, corporate feeling” serviced offices and co-working spaces, Headspace has successfully tapped into a booming market. If you’re looking for a trendy office for your start-up then Headspace is the place to be but, given occupancy rates, you’ll have to be quick!