About Workwell
Workwell is a company based in Watford (United Kingdom) founded in 1989. Workwell has raised $13.4 million across 1 funding round from investors including Universal Partners. The company has 9,533 employees as of September 30, 2021. Workwell has completed 2 acquisitions, including Oncore and Workwell Global. Workwell offers products and services including Accountancy Services, Umbrella Company Solutions, Construction Industry Scheme, and Workforce Management Solutions. Workwell operates in a competitive market with competitors including Randstad, ADP, Alera Group, UKG and Insperity, among others.
- Headquarter Watford, United Kingdom
- Employees 9533 as on 30 Sep, 2021
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Sectors
Business ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Jsa Services Limited
- Date of Incorporation 24 Jul, 1989
- Jurisdiction WATFORD, HERTFORDSHIRE
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Annual Revenue
$414.94 M (USD)0as on Sep 28, 2021
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$13.4 M (USD)
in 1 rounds
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Latest Funding Round
$13.4 M (USD), Private Equity Round
May 09, 2018
- Investors
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Employee Count
9533
as on Sep 30, 2021
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Investments & Acquisitions
Oncore
& 1 more
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Products & Services of Workwell
Workwell offers a comprehensive portfolio of products and services, including Accountancy Services, Umbrella Company Solutions, Construction Industry Scheme, and Workforce Management Solutions.
Provides tax and accounting support for contractors
Manages payroll and compliance for freelancers
Handles CIS registration and payments for construction
Offers tools for contingent workforce oversight
Funding Insights of Workwell
Workwell has successfully raised a total of $13.4M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $13.4 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Workwell
Workwell has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Universal Partners.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are managed from Mauritius.
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Investor details for Workwell
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Investments & Acquisitions by Workwell
Workwell has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Oncore and Workwell Global.
Investment portfolio details for Workwell
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Payroll solutions for contractors are provided in Spain.
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Contingent workforce management solutions are provided by Oncore.
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Complete acquisition details for Workwell
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Financial Statements - Workwell
Detailed financials for Workwell
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- Profit trends
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Workwell Comparisons
Peer comparison for Workwell
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Competitors of Workwell
Workwell operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Randstad, ADP, Alera Group, UKG and Insperity, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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HR consulting, recruitment, and outsourcing services are offered worldwide.
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Cloud-based HR management solutions are offered for payroll and compliance.
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HR, insurance, and liability services are provided by Alera Group.
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Provider of HR and payroll & workforce management solutions
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HR outsourcing services are provided to businesses by Insperity.
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HR management, recruitment, and staffing services are provided.
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Detailed competitors of Workwell
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Latest news on Workwell
Complete news archive for Workwell
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Frequently Asked Questions about Workwell
Workwell was founded in 1989 and raised its 1st funding round 29 years after it was founded.
Workwell is headquartered in Watford, United Kingdom. It is registered at Watford, Hertfordshire, United Kingdom.
John Hoskin is the current CEO of Workwell.
Workwell is a funded company, having raised a total of $13.4M across 1 funding round to date.
As of Sep 30, 2021, the latest employee count at Workwell is 9,533.
Annual revenue of Workwell is $414.94M as on Sep 28, 2021.
Workwell was founded in 1989 and is based in Watford, United Kingdom. Operations focus on the accounting and payroll sector, where solutions are provided for contractors and freelancers. Services encompass workforce management, tax management, payment management, and compliance management to support business needs in these areas.
Workwell's top competitors include Randstad, CIEL HR and Alera Group.
Workwell offers Accountancy Services, Umbrella Company Solutions, Construction Industry Scheme, and Workforce Management Solutions.
Workwell has made 2 acquisitions, including Oncore, and Workwell Global.
Workwell has 1 investor. Key investors include Universal Partners.