Big Yellow Group Explained

Big Yellow Group plc
Type:Public
Traded As:
FTSE 250 component
Location:Bagshot, England, UK
Industry:Storage
Revenue:£188.8 million (2023)[1]
Operating Income: £90.1 million (2023)
Net Income: £73.3 million (2023)
Num Employees:465 (2023)

Big Yellow Group plc is a self-storage company based in Bagshot, England.[2] 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.[3] Big Yellow has the highest brand awareness in the sector.[4]

History

Founded in 1998 by Nicholas Vetch, Philip Burks and James Gibson, the company has, as of 2021, 104 storage sites in the UK,[5] [6] 19 of which operate under the name Armadillo Self Storage. Philip Burks served as the property director of the company from 1998 to 2007.[7]

In 2007, the company was converted into a real estate investment trust,[8] 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.[9] [10]

Financials

Financials
Year Revenue (£m) Operating Income (£m)Net Profit (£m)
2016[11] 101.38117.86112.00
2017[12] 109.07109.0299.51
2018[13] 116.66142.56133.54
2019[14] 125.41135.56126.50
2020[15] 129.31103.1792.58
2021[16] 135.24270.77265.19
2022[17] 171.32704.39697.27
2023188.8390.1473.33

See also

Notes and References

  1. News: Annual Report 2023. Big Yellow Group. 12 February 2024.
  2. News: Revenues up. https://web.archive.org/web/20150329164405/http://www.highbeam.com/doc/1G1-127266605.html. dead. 29 March 2015. 7 February 2015. Daily Post (Liverpool, England). 19 January 2005.
  3. Web site: BIG YELLOW GROUP PLC ORD 10P – London Stock Exchange. londonstockexchange.com. 24 March 2015.
  4. Web site: The Self Storage Association UK Annual Survey . 25 . dead . https://web.archive.org/web/20151125123657/http://www.ssauk.com/wp-content/pubs/SSAUKAnnualSurvey2015.pdf . 25 November 2015 .
  5. News: Big Yellow Group PLC Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis. https://web.archive.org/web/20150329165912/http://www.highbeam.com/doc/1G1-323735773.html. dead. 29 March 2015. 7 February 2015. Real Estate Weekly News. 8 March 2013.
  6. News: Big Yellow is to get even bigger. https://web.archive.org/web/20150329165914/http://www.highbeam.com/doc/1G1-200078088.html. dead. 29 March 2015. 7 February 2015. The Mirror (London, England). 19 May 2009.
  7. News: Martin Flanagan. Blizzards hit profits as Goals Soccer Centres miss target. https://web.archive.org/web/20150329165910/http://www.highbeam.com/doc/1P2-27511575.html. dead. 29 March 2015. 7 February 2015. The Scotsman. 17 December 2010.
  8. News: Big Yellow Group Stores Up Profits after Increase. 7 February 2015. The Birmingham Post (England). 22 May 2007.
  9. Web site: Big Yellow Group PLC. £150 million Partnership to develop up to 25 stores in the Midlands, the North of England and Scotland. 7 February 2015. 26 November 2007.
  10. News: Group sell-off.. https://web.archive.org/web/20150329165916/http://www.highbeam.com/doc/1G1-180585610.html. dead. 29 March 2015. 7 February 2015. Daily Post (Liverpool, England). 26 June 2008.
  11. Web site: Annual Report 2016. 11 Mar 2021.
  12. Web site: Annual Report 2017. 11 Mar 2021.
  13. Web site: Annual Report 2018. 11 Mar 2021.
  14. Web site: Annual Report 2019. 11 Mar 2021.
  15. Web site: Annual Report 2020. 11 Mar 2021.
  16. News: Annual Report 2021. Big Yellow Group. 16 February 2022.
  17. News: Annual Report 2022. Big Yellow Group. 16 February 2023.

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