OverviewSuggest Edit

Safestay plc is a United Kingdom-based owner and operator of a hostel group. The principal activity of the Company consists of the operation of backpacker tourist hostels under the Safestay brand. The Company's properties include Safestay Elephant & Castle, and Safestay York. Safestay Elephant & Castle, located in John Smith House, has a range of accommodation options, including single, twin, double and family bunk rooms with their own tea or coffee-making facilities and 40-inch televisions, and four, six and eight-bunk bedded dorms with en-suite facilities. Safestay Elephant & Castle has around 74 rooms with approximately 413 beds. Safestay York, located in Micklegate House, has a range of accommodation options, including 4 to 12-bed bunk dorms with en-suite facilities, private rooms with twin bunks and their own tea or coffee-making facilities and 40-inch televisions, as well as double rooms with 19th century beds. Safestay York has around 24 rooms with approximately 147 beds.
TypePublic
HQLondon, GB
Websitesafestay.com
Employee Ratings2.8

Latest Updates

Employees (est.) (May 2021)227
Revenue (FY, 2018)£14.6 M(+39%)
Share Price (Jun 2021)£0.2(-2%)
Cybersecurity ratingBMore

Key People/Management at Safestay

Larry Lipman

Larry Lipman

Chairman
Nuno Sacramento

Nuno Sacramento

Chief Operating Officer
Michael Hirst

Michael Hirst

Non-Executive Director
Stephen Moss

Stephen Moss

Non-Executive Director
Anson Chan

Anson Chan

Non-Executive Director
Hervé Deligny

Hervé Deligny

Chief Financial Officer & Company Secretary
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Safestay Office Locations

Safestay has offices in London, Berlin, Athina, Warszawa and in 2 other locations
Berlin, DE
Bayreuther Str. 10
Athina, GR
Agias Theklas 10
Warszawa, PL
Krakowskie Przedmieście 55
Barcelona, ES
Passeig de Gràcia, 33
Madrid, ES
Calle de Sagasta, 22
London, GB
Holland Walk
Show all (8)

Safestay Financials and Metrics

Safestay Revenue

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Safestay's revenue was reported to be £14.62 m in FY, 2018 which is a 38.6% increase from the previous period.
GBP

Revenue (FY, 2018)

14.6m

Revenue growth (FY, 2017 - FY, 2018), %

38.6%

Gross profit (FY, 2018)

12.4m

Gross profit margin (FY, 2018), %

84.8%

Net income (FY, 2018)

(907.0k)

EBITDA (FY, 2018)

3.3m

EBIT (FY, 2018)

1.7m

Market capitalization (11-Jun-2021)

14.6m

Closing stock price (11-Jun-2021)

0.2

Cash (31-Dec-2018)

9.9m

EV

5.0m
Safestay's current market capitalization is £14.6 m.
GBPFY, 2016FY, 2017FY, 2018

Revenue

7.4m10.5m14.6m

Revenue growth, %

84%42%39%

Cost of goods sold

1.0m1.6m2.2m

Gross profit

6.4m9.0m12.4m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.3m1.1m737.0k4.5m9.9m

Accounts Receivable

480.0k504.0k740.0k819.0k

Inventories

4.0k19.0k23.0k25.0k45.0k

Current Assets

3.5m1.7m1.3m5.4m11.1m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

115.0k(602.0k)(511.0k)(873.0k)(907.0k)

Cash From Operating Activities

639.0k643.0k2.3m1.9m1.8m

Dividends Paid

58.0k

Cash From Financing Activities

10.7m15.3m(2.1m)10.3m7.8m
GBPFY, 2014

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.1 x
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Safestay Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Safestay Online and Social Media Presence

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Safestay News and Updates

Hostel company Safestay boosted revenue last year as it reveals plans to restart business

Hostel company Safestay said today it boosted revenue in 2019 as it laid out plans to reopen its hostels as The post Hostel company Safestay boosted revenue last year as it reveals plans to restart business appeared first on CityAM.

Coronavirus: Hostel firm Safestay suffers spike in school cancellations

Hostel operator Safestay has warned that it has suffered a sharp drop in bookings and a growing number of cancellations The post Coronavirus: Hostel firm Safestay suffers spike in school cancellations appeared first on CityAM.

Hostel chain Safestay reports strong start to 2020

Boutique hostel brand Safestay said it had “momentum” going into this year after sales surged in 2019 following its portfolio [...] The post Hostel chain Safestay reports strong start to 2020 appeared first on CityAM.

Revenues rise at hostel chain Safestay after strong summer

Hostel chain Safestay reported a jump in revenue following “positive summer trading”, but pre-tax losses climbed following the introduction of [...] The post Revenues rise at hostel chain Safestay after strong summer appeared first on CityAM.

Safestay Blogs

5 BEST INSTAGRAMMABLE SPOTS EDINBURGH

Edinburgh; Capital of Scotland & Home to the world-famous Fringe Festival! Despite having a relatively small population of 400’000, this beautiful wee city packs a cultural punch with a diverse and rich history as well as vibrant nightlife and events! In fact, Edinburgh plays host to over 1’000’…

5 BEST INSTAGRAM SPOTS IN WARSAW

Warsaw is the centre of Europe and known as indestructible. Surviving multiple occupations, soviet control, and the warsaw uprising, it’s a city that has always rebuilt. It has been responsible for some amazing contributions to the world; musically such as Chopin, for Film with the invention of the …

5 BEST INSTAGRAM SPOTS GLASGOW

Despite being Scotland’s largest city, Glasgow is often overlooked by tourists in favour of the capital city. However, in doing so, people are really missing out!   Home to over 600’000 people and 5 universities, the City of Glasgow has a complex history and even played a huge part in the industrial…

A complete guide on things to do in Edinburgh during & after COVID lockdown

Reading Time: 6 mins Last update: 22/06/20 Things are starting to get back to normal in Edinburgh and travel will start again soon – but with some key differences. What exactly are these differences? Well, when we started to ask ourselves this question, there wasn’t a single guide out there. We had …

A complete guide on things to do in London during & after COVID lockdown

Reading Time: 6 mins Last update: 19/06/20 London is slowly easing the lockdown rules and allowing travel once again – but with some key differences. What exactly are these differences? Well, when we started to ask ourselves this question, there wasn’t a single guide out there. We had to look at so …

Our travel plans have been cancelled, so here’s 7 days of inspiration…

Stuck at home? Fear not, because there’s so much we can still do from the comfort of our home. Now is the opportunity to have some alone time and do the things that you can’t do with others constantly around. Take this time to fully relax, tick off a few things that you need to […] The post Our trav…
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Safestay Frequently Asked Questions

  • Who are Safestay key executives?

    Safestay's key executives are Larry Lipman, Nuno Sacramento and Michael Hirst.

  • How many employees does Safestay have?

    Safestay has 227 employees.

  • What is Safestay revenue?

    Latest Safestay annual revenue is £14.6 m.

  • What is Safestay revenue per employee?

    Latest Safestay revenue per employee is £64.4 k.

  • Who are Safestay competitors?

    Competitors of Safestay include Old Thorns Golf Hotel & Country Estate, Aviator and Cox & Kings.

  • Where are Safestay offices?

    Safestay has offices in London, Berlin, Athina, Warszawa and in 2 other locations.

  • How many offices does Safestay have?

    Safestay has 8 offices.