Financial Summary
Turnover of £1.25m generated by 20 employees, all from the writing of computer software.
The shareholders have continually demonstrated a policy of leaving profits in the company to secure the future.
Cash and liquid reserves - exceeded £500,000 at the last balance sheet date and the company continued to have no need for any cash borrowing.
Since 1985, Whitespace has been consistently profitable and healthily cash positive.
Future expansion of the business will be self-financed and will generate additional positive cash-flow.
The company is 95% owned by its director shareholders and the staff of the company through a Share Option Scheme.
