Big Yellow Group

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Big Yellow Group plc is a self-storage company based in Bagshot, England.[1] 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.[2] Big Yellow has the highest brand awareness in the sector.[3]

History

Founded in 1998 by Nicholas Vetch, Philip Burks and James Gibson, the company has, as of 2021, 104 storage sites in the UK,[4][5][6][7] 19 of which operate under the name Armadillo Self Storage. Philip Burks served as the property director of the company from 1998 to 2007.[8]

In 2007, the company was converted into a real estate investment trust,[9] 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.[7][10]

Financials

Financials
Year Revenue (£m) Operating Income (£m) Net Profit (£m)
2016[11] 101.38 117.86 112.00
2017[12] 109.07 109.02 99.51
2018[13] 116.66 142.56 133.54
2019[14] 125.41 135.56 126.50
2020[15] 129.31 103.17 92.58
2021[16] 135.24 270.77 265.19
2022[17] 171.32 704.39 697.27
2023[18] 188.83 90.14 73.33
2024[4] 199.62 259.57 239.83

See also

References

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