Craft

Lok'n Store Group

Stock Price

£11.1

2024-08-01

Market Capitalization

£363.6 M

2024-08-01

Revenue

£27.1 M

FY, 2023

Lok'n Store Group Summary

Company Summary

Overview
Lok’nStore Ltd is a leading supplier of low cost, self-storage space for household and business use. The group opened its first self-storage centre in Horsham in February 1995 and now owns more than 920,000 square feet of lettable space available at 22 self-storage facilities in the south east of England. New facilities are opening 2013-2014. Lok’nStore builds, buys or leases large warehouses or industrial buildings, sub-divides the space offering customers differing sized steel storage units to rent for household, commercial or pallet storage on a weekly basis. Each of the storage facilities has a 24-hour security system and offers free use of trolleys and forklift trucks with qualified operators. As well as its core self-storage business, Lok’nStore offers its customers specialist storage insurance and also sells boxes and other packaging. Relationships with local removal companies, van hire and “man-with-a-van” have been established at all of the sites in order to provide a better customer service. Lok’nStore is known to have the best trained and the friendliest people in the business
Type
Public
Status
Active
Founded
1995
HQ
Farnborough, GB | view all locations
Website
http://www.loknstore.co.uk/
Cybersecurity rating
Sectors

Key People

  • Andrew Jacobs

    Andrew Jacobs, Executive Chairman

    • Ray Davies

      Ray Davies, Group Finance Director

      • Neil Newman-Shepherd

        Neil Newman-Shepherd, Group Managing Director

        • Simon Thomas

          Simon Thomas, Non-Executive Director

          LocationsView all

          2 locations detected

          • Farnborough, England HQ

            United Kingdom

            112 Hawley Ln

          • London, England

            United Kingdom

            1 London Wall, Barbican

          Lok'n Store Group Financials

          Summary Financials

          Revenue (H1, 2024)
          £14.2M
          Gross profit (H1, 2024)
          £14.0M
          Net income (H1, 2024)
          £2.9M
          Cash (H1, 2024)
          £15.0M
          EBIT (H1, 2024)
          £4.6M
          Enterprise value
          $406.4M

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