Cargostore

OverviewSuggest Edit

Based in the UK we have a fleet of ISO and DNV 2.7-1 container equipment available via subsidiaries and partners throughout Europe, North America, South Africa, South East Asia and the Middle East.

Cargostore International Limited was formed in 1993 by current chairman Paul Barry, joined three years later by director, Keith Beton. Subsequent expansion of the business has seen the the board of Directors increased to a team of six, constituting both full and part time officials.

Collectively, they bring highly significant levels of experience in the fields of international container leasing, transport, logistics and international trade to benefit the Cargostore customer base.

From company inception, the management team decided to concentrate on trading niche container leasing to freight forwarders, logistic companies and international organisations providing support for Aid Relief.

In the process, an ethos was fast adopted that focussed on guaranteeing the provision of equipment regardless of location required, and providing flexibility for client off hire requirements.

Expertise was gained in both sourcing equipment and optimising its swift and efficient distribution to locations the world over.

The ‘turnkey’ nature of the Cargostore full-service offer won it many fans in the industry and brought the company good repeat business. Both selling and on-hiring and off-hiring equipment across multiple locations saw the business expand to different world locations and commensurately a healthy increase in employment levels.

In 2007, Cargostore looked to expand its client portfolio further by providing equipment to companies serving the world oil and gas industry.

Brazil was perceived as a significant and substantial market for Cargostore’s new products and a new wholly-owned subsidiary was opened in the country. Agency agreements in several other locations opened subsequently, with more added since on the back of further expansion driven by client demand.

All of the company’s equipment for the offshore market is built to DNV standard. Cargostore has also developed its own range of improvements to equipment types employed in the offshore exploration industry.

Ultimately however, the Cargostore success story is evidenced by its people. Today, the Cargostore team constitutes more than 25 market professionals, with a shared vision: to find and provide exactly what clients ask for, with maximum flexibility, bringing optimum cost efficiencies without detriment to the high quality service offer that has hallmarked their company’s ongoing expansion and development.

TypePrivate
Founded1993
HQLondon, GB
Websitecargostore.com

Latest Updates

Employees (est.) (Jul 2019)20
Revenue (FY, 2015)£11.3 M(+31%)

Key People/Management at Cargostore

Keith Beton

Keith Beton

Non Executive Board Member
William de Laszlo

William de Laszlo

Non Executive Board Member
Peter Williamson

Peter Williamson

Chairman
Albert Farrant

Albert Farrant

Non Executive Board Member
Jacob Poot

Jacob Poot

Vice President, Offshore
Sans Unkles

Sans Unkles

Head of Business Development, Offshore
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Cargostore Office Locations

Cargostore has an office in London
London, GB (HQ)
12 Compton Rd
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Cargostore Financials and Metrics

Summary Metrics

Founding Date

1993
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Cargostore Revenue

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Cargostore's revenue was reported to be £11.33 m in FY, 2015 which is a 31% increase from the previous period.
GBP

Revenue (FY, 2015)

11.3m

Revenue growth (FY, 2014 - FY, 2015), %

31%

Gross profit (FY, 2015)

2.9m

Gross profit margin (FY, 2015), %

25.7%

Net income (FY, 2015)

(3.6m)

EBITDA (FY, 2015)

(594.6k)

EBIT (FY, 2015)

(2.5m)

Cash (30-Apr-2015)

592.4k
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Revenue

937.7k1.7m2.4m3.0m3.6m4.1m8.7m8.7m8.8m10.3m11.4m15.4m8.6m11.3m

Revenue growth, %

(44%)31%

Cost of goods sold

524.2k1.1m1.5m2.0m2.2m2.4m5.5m5.0m5.0m6.1m7.1m8.6m3.7m8.4m

Gross profit

413.5k607.4k862.4k1.0m1.3m1.7m3.3m3.7m3.7m4.2m4.3m6.8m4.9m2.9m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Cash

80.1k932.5k119.0k27.7k175.6k166.5k124.9k131.4k308.4k344.3k260.4k376.5k413.8k358.4k595.5k139.1k518.0k3.9m273.3k592.4k

Accounts Receivable

119.9k351.0k387.0k541.4k591.7k660.8k1.6m1.4m1.6m1.8m3.0m1.4m1.7m2.0m

Inventories

594.09.7k30.0k103.7k165.8k140.8k126.0k366.4k372.6k340.4k699.8k622.5k820.2k1.9m1.7m3.2m1.8m3.1m4.9m2.0m

Current Assets

211.8k1.2m257.2k228.8k675.4k481.2k374.2k867.7k1.1m1.3m1.6m1.7m2.8m3.8m3.9m5.2m5.9m8.8m7.2m5.0m
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Net Income

4.4k58.4k174.1k219.0k343.3k559.0k1.2m1.7m1.6m1.4m1.4m3.1m20.1k(3.6m)

Cash From Operating Activities

634.5k2.0m1.4m2.8m2.0m2.0m6.0m2.1m3.4m

Dividends Paid

46.3k701.8k1.2m100.0k

Cash From Financing Activities

542.1k575.1k296.2k995.6k838.8k479.5k3.6m8.9m1.8m
GBPY, 2015

Financial Leverage

4.5 x
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Cargostore Online and Social Media Presence

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Cargostore Blogs

Bespoke Offshore Container Modifications

Cargostore is an experienced supplier of DNV 2.7-1 certified bespoke offshore container modifications, read on to find out more.

Cargostore Sponsor Den Helder Boys Football Team

Cargostore sponsored a boys football team to commemorate the opening of their rapid response depot in Den Helder.

Cargostore Containers LLC Receives ADNOC’s ICV Certification

Cargostore Containers LLC is proud to receive ADNOC's ICV Certification, displaying our support of Abu Dhabi and the UAE's local business within the Oil and Gas Industry.

Cargostore Sponsor Brain Tumour Research with Charity Skydive

Jenny Farthing bravely volunteered to take part in our first sponsored Red Devils skydive on behalf of Brain Tumour Research.

Cargostore’s Finance Director Embarks on Hair Raising Skydive for Charity

Cargostore's Finance Director, Alan Jordan embarks on a hair-raising skydive with the Red Devils to raise money for Shooting Star Children's Hospices.

Cargostore Sponsors The Red Devils Freefall Team

Cargostore sponsors the Red Devils Parachute Regiment Freefall Team and supports multiple charities along the way.
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Cargostore Frequently Asked Questions

  • When was Cargostore founded?

    Cargostore was founded in 1993.

  • Who are Cargostore key executives?

    Cargostore's key executives are Keith Beton, William de Laszlo and Peter Williamson.

  • How many employees does Cargostore have?

    Cargostore has 20 employees.

  • What is Cargostore revenue?

    Latest Cargostore annual revenue is £11.3 m.

  • What is Cargostore revenue per employee?

    Latest Cargostore revenue per employee is £566.3 k.

  • Who are Cargostore competitors?

    Competitors of Cargostore include Express Logistics, Unitcargo and HNM Global Logistics.

  • Where is Cargostore headquarters?

    Cargostore headquarters is located at 12 Compton Rd, London.

  • Where are Cargostore offices?

    Cargostore has an office in London.

  • How many offices does Cargostore have?

    Cargostore has 1 office.