LoveSpace

LOVESPACE is the UK's first storage-by-the-box company. We collect things from your home or office, look after them for as long as you want, and then return them whenever and wherever you want them - the very next day. We’re like cloud storage, but for your physical things! Multi-award-winning - voted the UK's Most Innovative Business at the O2 smarta100 Awards, Crowdfunded Business of the Year at the Startups Awards, High Growth Team of the Year at the UKBAA Awards, and Crowdcube Coolest Brand of the Year Runner Up. LOVESPACE is a totally hassle-free way of storing - tell us the day you want us to collect your items and one of our friendly team will collect your stuff for free. You can upload photos as a reminder of what's in each box, and if you need packing materials we can send them out to you. We store your items in a secure warehouse and because you only pay by the box (or item), you don't waste the space you don't need. When you want any of your items back, simply log onto your LOVESPACE account and select your item(s) and we'll deliver it to you the next day. From £1.95 per box or 65p per archive box per month. There is no minimum charge, so store as much or as little as you like.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2011
Size (employees)
29 (est)+4%
LoveSpace was founded in 2011 and is headquartered in London, GB

LoveSpace Office Locations

LoveSpace has an office in London
London, GB (HQ)
60 Gray's Inn Rd

LoveSpace Financials and Metrics

Summary Metrics

Founding Date

2011

LoveSpace Financials

LoveSpace's revenue was reported to be £1 m in FY, 2015 which is a 186% increase from the previous period.
GBP

Revenue (FY, 2015)

1 m

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

186%

Gross profit (FY, 2015)

509.6 k

Gross profit margin (FY, 2015), %

50%

Net income (FY, 2015)

(1.7 m)

EBITDA (FY, 2015)

(1.6 m)

EBIT (FY, 2015)

(1.7 m)

Cash (31-Dec-2016)

26 k
GBPFY, 2014FY, 2015

Revenue

354.1 k1 m

Revenue growth, %

186%

Cost of goods sold

245.1 k504.4 k

Gross profit

109 k509.6 k
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

49488.9 k216.2 k5.7 k26 k

Accounts Receivable

14 k25.4 k1.6 k1.6 k

Inventories

5.4 k3.7 k1.6 k14.6 k12.3 k

Current Assets

19.9 k117.9 k260.9 k217.7 k245.8 k
    GBPFY, 2014FY, 2015

    Net Income

    (1.1 m)(1.7 m)
      Y, 2016

      Financial Leverage

      -0.1 x
      Show all financial metrics

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      LoveSpace Online and Social Media Presence

      LoveSpace Company Life and Culture

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