Derby-based flexible workspace operator Cubo reported annual recurring revenue exceeding £30M (€34M/$39M) as it plans new site launches across the UK. Founded in 2020, Cubo operates 13 locations across England and Scotland.

The operator achieved record occupancy rates with five locations fully let and reported its highest number of enterprise client sign-ups, including growing blue-chip organization membership. In 2024, Cubo acquired three floors in Manchester, one of six provincial UK WeWork sites. New locations are scheduled to open in late 2025 and early 2026 as part of the company's expansion strategy.