Everything we do is about freeing you from the usual hassles of finding, renting and running office space so you can get on with building your business.
Freedom At Work
Citibase’s unique ‘Freedom At Work’ branding focuses on giving individuals and businesses the independence, flexibility, control, support and confidence to create, run and enjoy their work. With flexible, short-term agreements, simple transparent billing, prestigious addresses, professional reception and administration support services, immediate starts and a friendly environment, Citibase is creating a positive alternative in the business centre market.
Who we are:
Citibase is the largest independent operator in the sector and provides fully serviced business centres for cost-conscious SMEs from multiple locations around the UK. Citibase plans to expand quickly within the current fragmented, yet consolidating area of the serviced office sector, offering a branded accommodation solution for small businesses and start-ups.
The serviced office market is fragmented with a large number of operators, many of them with only one or two sites. Citibase concentrates on the town/city centre market, rather than out-of town locations and offers over 1,00,000 sq. ft. to customers.
Citibase was formed in 1993, by David Joseph and Ian Read who previously had experience of the sector whilst working in the serviced office operations at London & Edinburgh Trust PLC. The business was based from the outset around the concept of flexibility for small businesses and was launched at a time when the United Kingdom was beginning to emerge from a period of recession.
The first location was in the Minories in the City of London. Since then Citibase has expanded by the acquisitions of existing business centres, the largest of which was in 1999 when six centres were added in a single transaction with Bridge House (Bewdley) Limited, a subsidiary of Birkby PLC (“Birkby”). This acquisition was funded by an issue of shares to the vendor. As part of the transaction, Birkby?s Chief Executive joined the Citibase board as non-executive director and Birkby acquired 15 per cent of Citibase PLC.
In January 2007, Steve Jude was appointed as Chief Executive with the remit to streamline and develop the Company going forward and to grow the business organically and by acquisitions. In addition to extensive experience in the serviced office market gained working as a senior Executive for Regus PLC and as a Non-Executive at MWB Business Exchange PLC, Steve has a background in the travel industry. At Citibase he has successfully applied some of the travel industry’s yield maximisation strategies with the result that Citibase is profitable and growing. He has also, through selective recruitment, built a team of key managers, principally from within the serviced office industry, to allow the Company to embark on its next proposed aggressive phase of growth by seeking to consolidate the mid-market which serves cost conscious SMEs.
Freedom At Work is our unique deep-rooted commitment to your journey. Whether you’re setting out for the first time or taking bigger steps we’ll support you and help nurture your business.
Being in a Citibase Business Centre gives you independence and a place to realise your vision, be with like-minded people and break away from the ‘can’t do’ mentality. Without freedom there is no control and without control there is no power. By freeing you from expensive rents and rates, inflexible terms, service charges, hidden costs, dilapidation and corporate restrictions we are giving you the ability to be in complete
control of your business.
Our success lies within your success and we celebrate diversity and self-expression, giving you the space to be yourself making Citibase a place where brilliance happens every day.