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.

Type
Public
HQ
Borehamwood, GB
Founded
1998
Size (employees)
587 (est)+8%
Safestore Holdings was founded in 1998 and is headquartered in Borehamwood, GB
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Key People/Management at Safestore Holdings

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
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Safestore Holdings Office Locations

Safestore Holdings has an office in Borehamwood
Borehamwood, GB (HQ)
Britannic House Stirling Way
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Safestore Holdings Financials and Metrics

Safestore Holdings Revenue

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Safestore Holdings's revenue was reported to be £129.90 m in FY, 2017
GBP

Revenue (FY, 2017)

129.9 m

Gross profit (FY, 2017)

84.2 m

Gross profit margin (FY, 2017), %

64.8%

Net income (FY, 2017)

78.3 m

EBITDA (FY, 2017)

110.1 m

EBIT (FY, 2017)

109.6 m

Cash (31-Oct-2017)

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

Revenue

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

Revenue growth, %

2%7%10%

Cost of goods sold

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

Gross profit

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

Cash

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

Accounts Receivable

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

Inventories

137 k172 k252 k258 k228 k253 k242 k200 k100 k200 k200 k200 k200 k

Current Assets

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

Net Income

(2 m)(3.7 m)(3.5 m)45.1 m78.2 m12.5 m(265 k)26.3 m13 m(7.8 m)108.5 m46.8 m108.7 m87.4 m78.3 m

Cash From Operating Activities

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

Dividends Paid

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

Cash From Financing Activities

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

Revenue/Employee

229.5 k

Financial Leverage

1.8 x
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Safestore Holdings Online and Social Media Presence

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Safestore Holdings News and Updates

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Safestore Holdings Company Life and Culture

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