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Big Yellow Group

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Big Yellow Group plc
Formerly
  • Store Stuff Limited (August–September 1998)
  • Cubic Self Storage Limited (1998–1999)
  • The Big Yellow Holding Company Limited (1999–2000)[1]
Company typePublic
LSEBYG
FTSE 250 component
ISINGB0002869419
IndustryStorage
Founded1998; 26 years ago (1998)
HeadquartersBagshot, England, UK
Key people
RevenueIncrease£188.8 million (2023)[2]
Decrease £90.1 million (2023)[2]
Decrease £73.3 million (2023)[2]
Number of employees
465 (2023)[2]
Websitebigyellow.co.uk

Big Yellow Group plc is a self-storage company based in Bagshot, England.[3] It is the largest self-storage company in the United Kingdom and is a constituent of the FTSE 250 Index and listed on the London Stock Exchange.[4] Big Yellow has the highest brand awareness in the sector.[5]

History

[edit]

Founded in 1998 by Nicholas Vetch, Philip Burks and James Gibson, the company has, as of 2021, 104 storage sites in the UK,[2][6][7][8] 19 of which operate under the name Armadillo Self Storage. Philip Burks served as the property director of the company from 1998 to 2007.[9]

In 2007, the company was converted into a real estate investment trust,[10] and later that year entered into a partnership with funds managed by Pramerica Real Estates Investors to develop another 25 stores in the Midlands, the North of England and Scotland.[8][11]

Financials

[edit]
Financials
Year Revenue (£m) Operating Income (£m) Net Profit (£m)
2016[12] 101.38 117.86 112.00
2017[13] 109.07 109.02 99.51
2018[14] 116.66 142.56 133.54
2019[15] 125.41 135.56 126.50
2020[16] 129.31 103.17 92.58
2021[17] 135.24 270.77 265.19
2022[18] 171.32 704.39 697.27
2023[2] 188.83 90.14 73.33

See also

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References

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  1. ^ "Big Yellow Group plc overview - Find and update company information - GOV.UK". Companies House. 26 August 1998. Retrieved 11 February 2024.
  2. ^ a b c d e f "Annual Report 2023" (PDF). Big Yellow Group. Retrieved 12 February 2024.
  3. ^ "Revenues up". Daily Post (Liverpool, England). 19 January 2005. Archived from the original on 29 March 2015. Retrieved 7 February 2015.
  4. ^ "BIG YELLOW GROUP PLC ORD 10P – London Stock Exchange". londonstockexchange.com. Retrieved 24 March 2015.
  5. ^ "The Self Storage Association UK Annual Survey" (PDF). p. 25. Archived from the original (PDF) on 25 November 2015.
  6. ^ "Big Yellow Group PLC Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis". Real Estate Weekly News. 8 March 2013. Archived from the original on 29 March 2015. Retrieved 7 February 2015.
  7. ^ "Big Yellow is to get even bigger". The Mirror (London, England). 19 May 2009. Archived from the original on 29 March 2015. Retrieved 7 February 2015.
  8. ^ a b Big Yellow Group PLC (26 November 2007). "£150 million Partnership to develop up to 25 stores in the Midlands, the North of England and Scotland". Retrieved 7 February 2015.
  9. ^ Martin Flanagan (17 December 2010). "Blizzards hit profits as Goals Soccer Centres miss target". The Scotsman. Archived from the original on 29 March 2015. Retrieved 7 February 2015.
  10. ^ "Big Yellow Group Stores Up Profits after Increase". The Birmingham Post (England). 22 May 2007. Retrieved 7 February 2015.[dead link]
  11. ^ "Group sell-off". Daily Post (Liverpool, England). 26 June 2008. Archived from the original on 29 March 2015. Retrieved 7 February 2015.
  12. ^ "Annual Report 2016" (PDF). Retrieved 11 March 2021.
  13. ^ "Annual Report 2017" (PDF). Retrieved 11 March 2021.
  14. ^ "Annual Report 2018" (PDF). Retrieved 11 March 2021.
  15. ^ "Annual Report 2019" (PDF). Retrieved 11 March 2021.
  16. ^ "Annual Report 2020" (PDF). Retrieved 11 March 2021.
  17. ^ "Annual Report 2021" (PDF). Big Yellow Group. Retrieved 16 February 2022.
  18. ^ "Annual Report 2022" (PDF). Big Yellow Group. Retrieved 16 February 2023.