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ExecSpace lines up office move after profit boost

Scottish venue finding agency says half-year profits are up by 55 per cent after winning government contract

Pictured: ExecSpace founder and CEO Emma Little

Edinburgh-based venue finding agency ExecSpace has reported a 55 per cent increase in profit for the first half of 2016.

Founder and CEO Emma Little says the increased profitability, underlined by a 33 per cent sales boost, has been driven by strong performance from clients such as Standard Life, Aegon, Grant Thornton and the company’s inclusion on the Scottish Government Framework. Last year, ExecSpace was chosen as the sole supplier on the Scottish government’s Travel Services Framework Agreement, providing conference and meeting venues bookings.

Now the company is due to move into larger offices in Leith, around a mile from Edinburgh city centre. In 2015 it forecast revenues of £6 million.

Little said: “2016 has been our strongest and most pivotal year yet. The current team are exceptionally driven and everyone is absolutely focussed on sales growth and great customer care. Where you work and the surroundings are absolutely key to staff happiness so when I’m lucky enough to have a great team, it’s important we secure the best space for them to work. Our new office includes a state of the art boardroom, as well as a separate chill-out area for the guys and much more space, which will accommodate our new hires as the sales continue to ramp up.”

Currently employing 12 staff, the new offices have space for ExecSpace to double in size. Little added: “This is the strongest team we have ever had. Everyone has bought into the vision and is exceptionally driven.”

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