Safestore Holdings

Safestore is the UK’s largest self-storage group with 134 stores. They include 97 wholly owned stores in the UK including 58 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol, together with 12 Space Maker stores under management in the UK and 25 wholly owned stores in the Paris region. Safestore was founded in the UK in 1998. It acquired the French business “Une Pièce en Plus” in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli. Safestore has been listed in the London Stock exchange since 2007. The Group provides storage to almost 46,000 personal and business customers. Safestore (excluding Space Maker) has a maximum lettable area (“MLA”) of 5.1 million sq ft (excluding the expansion pipeline stores) of which 3.32 million sq ft is currently occupied. Safestore employs around 550 people in the UK and France.
Type
Public
HQ
Borehamwood, GB
Founded
1998
Employees
527 (est)

Safestore Holdings Locations

Borehamwood, GB

Safestore Holdings Metrics

Safestore Holdings Summary

Founding Date

1998

Market capitalization

£685 M

Closing share price

£3.29

Safestore Holdings Financials

FY, 2013FY, 2014FY, 2015

Revenue

£96.1 M£97.9 M£105 M

Revenue growth, %

1.9%7.0%

Cost of sales

£31.8 M£32.3 M£32.2 M

Gross profit

£64.3 M£65.6 M£72.6 M

Gross profit Margin, %

66.9%67.0%69.3%

Operating expense total

£-4.9 M£-10 M£-61.6 M

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