Multiple Company data on 1 HTMLDB database

Hi,
I would like to find out the options for having multiple company data stored in a database with 1 HTMLDB schema. I have used VPD before and this is an option but I would like to know what HTMLDB can handle without requiring application changes. Naturally a separate database altogether will work but administation will become a nightmare as the number of companies grow. So, I tried by importing a blank export of the current data schema, creating a new workspace that points to this new schema and then importing the current application into this new workspace. This seems to work but I am not sure this is the best approach. Multiple workspaces = Multiple applications. I have used "alter user set current_Schema" before but am not sure how this could be implemented with HTMLDB as there may be schema.object references in the code HTMLDB code and also the custom table APIs we have.
So if anyone has done this with HTMLDB can you pse advise what your approach was and any drawbacks you've encountered. I am also not keen on the multiple workspace approach as the workspace and application ID's are then different from UAT and PROD.
Thanks in advance,
Brandon

Thanks for the feedback, I have also used VPD before on a project but ran into serious perfomance issues but I don't think the approach was quite correct as they had policies on transaction tables which caused problems.... Anyhow, firstly getting an upgrade to Enterprise edition is not on just yet but I will def push the VPD approach. One question :-
Michael, regarding :-
"We've added a column to every table in the application and we have a profile installed so for each workspace you only see the data that is relevant to you're "Company""
Are you using multiple workspaces for the same application so that you can create and manage separate users and privilges per company , if not then why are you using separate workspaces as don't you then have duplicated applications with different workspace Ids and app ids etc.
Also, what do you mean by "we have a profile installed" - Are you setting a company context for each user on login and then using this context in the policy ??
Thanks again.....

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