Safestore provides personal and business self-storage services. The Company is the UK’s largest self-storage group with 137 stores. Safestore offers personal and household self-storage services for students, moving/relocating houses, decluttering, do-it-yourself and home renovation, travelling and other purposes. The Company also provides business storage services that include national and multi-site storage, office furniture and equipment storage, stock storage, equipment storage, archive storage, storage for online sellers, bulk and warehouse storage, storage during office relocation/refurbishment and other storage needs.

Employee Rating

3.4More
TypePublic
HQBorehamwood, GB
Founded1998
Size (employees)650 (est)+11%
Websitesafestore.co.uk
Safestore was founded in 1998 and is headquartered in Borehamwood, GB
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Safestore

Alan Lewis

Alan Lewis

Non-Executive Chairman
Frederic Vecchioli

Frederic Vecchioli

CEO
Andy Jones

Andy Jones

CFO
Ian Krieger

Ian Krieger

Senior Independent Director
Joanne Kenrick

Joanne Kenrick

Non-Executive Director
Claire Balmforth

Claire Balmforth

Non-Executive Director
Show more

Safestore Office Locations

Safestore has an office in Borehamwood
Borehamwood, (HQ)
Britannic House Stirling Way
Show all (1)
Report incorrect company information

Safestore Financials and Metrics

Safestore Revenue

Embed Graph
View revenue for all periods
Safestore's revenue was reported to be £129.90 m in FY, 2017
GBP

Revenue (FY, 2017)

129.9m

Gross profit (FY, 2017)

84.2m

Gross profit margin (FY, 2017), %

64.8%

Net income (FY, 2017)

78.3m

EBITDA (FY, 2017)

110.1m

EBIT (FY, 2017)

109.6m

Cash (31-Oct-2017)

65.6m
GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

839.0k23.2m53.1m64.3m74.3m82.9m84.4m89.2m95.1m98.8m96.1m97.9m104.8m115.4m129.9m

Revenue growth, %

2%7%10%

Cost of goods sold

454.0k12.9m25.4m21.9m23.5m25.6m26.6m29.0m31.2m34.6m31.8m32.3m38.3m40.9m45.7m

Gross profit

385.0k10.2m27.6m42.5m50.8m57.2m57.8m60.3m63.8m64.2m64.3m65.6m66.5m74.5m84.2m
GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

4.3m16.8m18.9m9.5m18.6m11.1m26.4m15.5m14.7m6.9m15.8m15.3m13.8m5.4m65.6m

Accounts Receivable

390.0k3.5m3.2m3.8m4.6m4.7m6.0m6.5m7.3m6.7m7.7m8.7m9.6m11.2m11.8m

Inventories

137.0k172.0k252.0k258.0k228.0k253.0k242.0k200.0k100.0k200.0k200.0k200.0k200.0k

Current Assets

6.1m26.9m36.4m29.1m34.6m26.0m40.3m32.1m31.9m27.7m33.0m36.2m33.4m28.6m89.3m
GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(2.0m)(3.7m)(3.5m)45.1m78.2m12.5m(265.0k)26.3m13.0m(7.8m)108.5m46.8m108.7m87.4m78.3m

Cash From Operating Activities

1.5m7.0m23.2m35.0k22.6m28.3m25.0m27.8m25.6m30.5m29.0m31.4m41.4m47.0m55.6m

Dividends Paid

2.8m8.7m8.8m9.9m10.1m10.6m12.5m17.2m21.3m25.6m

Cash From Financing Activities

43.7m138.8m(4.4m)18.5m24.3m16.5m3.4m(15.4m)10.1m(16.2m)(18.5m)(67.9m)(37.7m)12.4m17.6m
GBPY, 2017

Revenue/Employee

229.5k

Financial Leverage

1.8 x
Show all financial metrics
Report incorrect company information

Safestore Online and Social Media Presence

Embed Graph
Report incorrect company information

Safestore Company Life and Culture

Report incorrect company information

Safestore Frequently Asked Questions

  • When was Safestore founded?

    Safestore was founded in 1998.

  • Who are Safestore key executives?

    Safestore's key executives are Alan Lewis, Frederic Vecchioli and Andy Jones.

  • How many employees does Safestore have?

    Safestore has 650 employees.

  • What is Safestore revenue?

    Latest Safestore annual revenue is £129.9 m.

  • What is Safestore revenue per employee?

    Latest Safestore revenue per employee is £199.8 k.

  • Who are Safestore competitors?

    Competitors of Safestore include Zippy Shell, Closetbox and LoveSpace.

  • Where is Safestore headquarters?

    Safestore headquarters is located at Britannic House Stirling Way, Borehamwood.

  • Where are Safestore offices?

    Safestore has an office in Borehamwood.

  • How many offices does Safestore have?

    Safestore has 1 office.