30th Nov 2005 07:00
Inspace Plc30 November 2005 Press Release 30 November 2005 Inspace plc ("Inspace" or "the Company") Analyst Site Visit Inspace plc (AIM:INSP), the property based support services business that hasestablished itself as one of the UK's leading social housing repair andmaintenance providers, is today hosting a site visit for analysts at theCompany's branch in Colchester, Essex. The purpose of the visit is to provide analysts with the opportunity to gain abroader understanding of the Company's social housing operations. No new trading or financial information will be made available during the visit. - Ends - Enquiries Inspace plc Andrew Telfer, Chief Financial Officer Tel: +44 (0) 1462 678 910 [email protected] www.inspace.co.uk Seymour Pierce Mark Percy, Corporate Finance Tel: +44 (0) 20 7107 8000 [email protected] www.seymourpierce.com Media enquiries: Abchurch Henry Harrison-Topham Tel: +44 (0) 20 7398 7700 [email protected] www.abchurch-group.com Notes to editors Inspace plc is a property based support services business that has establisheditself as one of the UK's leading social housing repair and maintenance serviceproviders with a turnover of over £100 million and a current order book whichnow exceeds £450 million and stretches as far as 2020. The Company has three complementary areas of activity delivered through fourbusiness streams under the Inspace brand: Partnerships provides repair, maintenance and improvement of social housingstock which includes maintenance of building fabric, maintenance of engineeringservices reinstatement of void homes, minor capital projects and Decent Homesimprovement works under regeneration schemes. Maintain and Environment provides repair, maintenance and improvement ofcorporate and public sector non-housing real estate. Maintain is one of theUK's largest fabric maintenance businesses delivering an integrated 24/7reactive service and planned maintenance & minor capital works with a nationalinfrastructure across England, Scotland and Wales. Environment performsmechanical and electrical maintenance. Complete provides interior design, installation and furnishing of corporate andpublic sector non-housing real estate. The design led service offers itscustomers an integrated 'one stop' solution. There are natural synergies withMaintain and Environment's customer base. Industry forecasts show a steady social housing repair and maintenance marketover the next 15 years, running at around £4 billion per annum. These forecastsillustrate the constant need for repairing and improving housing stock. Theprivate non-residential repair and maintenance market was indicated to be worthapproximately £14 billion in 2004, representing approximately 32.1 per cent. ofthe total UK repair and maintenance market. Further information on Inspace can be found at http://www.inspace.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Inspirit Energy