safestore acquisition limited
safestore acquisition limited Company Information
Company Number
04835087
Next Accounts
Jul 2025
Industry
Activities of head offices
Shareholders
safestore group ltd
Group Structure
View All
Contact
Registered Address
brittanic house, stirling way, borehamwood, hertfordshire, WD6 2BT
Website
www.safestore.co.uksafestore acquisition limited Estimated Valuation
Pomanda estimates the enterprise value of SAFESTORE ACQUISITION LIMITED at £0 based on a Turnover of £0 and 0.5x industry multiple (adjusted for size and gross margin).
safestore acquisition limited Estimated Valuation
Pomanda estimates the enterprise value of SAFESTORE ACQUISITION LIMITED at £0 based on an EBITDA of £-319k and a 3.74x industry multiple (adjusted for size and gross margin).
safestore acquisition limited Estimated Valuation
Pomanda estimates the enterprise value of SAFESTORE ACQUISITION LIMITED at £1.4b based on Net Assets of £659.9m and 2.13x industry multiple (adjusted for liquidity).
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Safestore Acquisition Limited Overview
Safestore Acquisition Limited is a live company located in hertfordshire, WD6 2BT with a Companies House number of 04835087. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 2003, it's largest shareholder is safestore group ltd with a 100% stake. Safestore Acquisition Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Safestore Acquisition Limited Health Check
Pomanda's financial health check has awarded Safestore Acquisition Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Safestore Acquisition Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Safestore Acquisition Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Safestore Acquisition Limited
- - Industry AVG
Employees
with 2 employees, this is below the industry average (111)
- - Safestore Acquisition Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Safestore Acquisition Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Safestore Acquisition Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Safestore Acquisition Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
- - Safestore Acquisition Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.7%, this is a lower level of debt than the average (55.9%)
- - Safestore Acquisition Limited
- - Industry AVG
SAFESTORE ACQUISITION LIMITED financials
Safestore Acquisition Limited's latest turnover from October 2023 is 0 and the company has net assets of £659.9 million. According to their latest financial statements, Safestore Acquisition Limited has 2 employees and maintains cash reserves of £4.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -319,000 | 4,794,000 | -2,366,000 | -46,858,000 | -25,601,000 | -205,000 | -1,647,000 | -1,290,000 | 706,000 | -221,000 | -183,000 | 386,000 | -157,604 | -444,545 | -1,128,301 |
| Interest Payable | 2,000 | 0 | 0 | 1,000 | 5,000 | 18,000 | 21,000 | 29,000 | 12,000 | 28,000 | 30,000 | 30,000 | 21,165 | 28,021 | 109,912 |
| Interest Receivable | 8,345,000 | 480,000 | 172,000 | 148,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 74 | 203 | 27,963 |
| Pre-Tax Profit | 8,435,000 | 4,553,000 | -1,405,000 | 397,665,000 | -8,716,000 | 7,951,000 | 6,623,000 | 131,454,000 | 4,234,000 | 7,751,000 | 90,874,000 | 4,356,000 | 3,821,305 | 5,627,637 | 3,789,750 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | -200,000 | 0 | 0 | 0 | -2,386,123 | -3,070,132 | -2,489,848 |
| Profit After Tax | 8,435,000 | 4,553,000 | -1,405,000 | 397,665,000 | -8,716,000 | 7,951,000 | 6,623,000 | 131,455,000 | 4,034,000 | 7,751,000 | 90,874,000 | 4,356,000 | 1,435,182 | 2,557,505 | 1,299,902 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 22,000,000 | 144,000,000 | 0 | 0 | 70,000,000 | 0 | 0 | 0 | 0 |
| Retained Profit | 8,435,000 | 4,553,000 | -1,405,000 | 397,665,000 | -8,716,000 | 7,951,000 | -15,377,000 | -12,545,000 | 4,034,000 | 7,751,000 | 20,874,000 | 4,356,000 | 1,435,182 | 2,557,505 | 1,299,902 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| EBITDA* | -319,000 | 4,794,000 | -2,366,000 | -46,858,000 | -25,601,000 | -205,000 | -1,647,000 | -1,290,000 | 706,000 | -221,000 | -183,000 | 386,000 | -157,604 | -444,545 | -1,128,301 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,257,212,000 | 1,095,385,000 | 876,342,000 | 809,491,000 | 318,786,000 | 335,735,000 | 322,591,000 | 321,600,000 | 280,930,000 | 281,368,000 | 281,368,000 | 183,328,000 | 183,327,895 | 183,327,895 | 183,327,895 |
| Debtors (Due After 1 year) | 0 | 0 | 2,672,000 | 1,902,000 | 275,228,000 | 278,250,000 | 237,570,000 | 235,355,000 | 116,036,000 | 116,515,000 | 69,038,000 | 0 | 0 | 0 | 59,289,267 |
| Total Fixed Assets | 1,257,212,000 | 1,095,385,000 | 879,014,000 | 811,393,000 | 594,014,000 | 613,985,000 | 560,161,000 | 556,955,000 | 396,966,000 | 397,883,000 | 350,406,000 | 183,328,000 | 183,327,895 | 183,327,895 | 242,617,162 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 140,000 | 19,838,000 | 564,000 | 1,952,000 | 1,300,000 | 16,502,000 | 15,167,000 | 14,483,000 | 7,330,000 | 6,145,000 | 0 | 78,256,000 | 66,391,666 | 62,749,091 | 0 |
| Misc Debtors | 0 | 7,000 | 7,000 | 0 | 0 | 0 | 0 | 90,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,480,000 | 2,592,000 | 11,661,000 | 76,000 | 14,940,000 | 981,000 | 849,000 | 1,698,000 | 222,000 | 212,000 | 25,000 | 20,000 | 43,701 | 0 | 153,145 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,620,000 | 22,437,000 | 12,232,000 | 2,028,000 | 16,240,000 | 17,483,000 | 16,016,000 | 16,271,000 | 7,552,000 | 6,357,000 | 25,000 | 78,276,000 | 66,435,367 | 62,749,091 | 153,145 |
| total assets | 1,261,832,000 | 1,117,822,000 | 891,246,000 | 813,421,000 | 610,254,000 | 631,468,000 | 576,177,000 | 573,226,000 | 404,518,000 | 404,240,000 | 350,431,000 | 261,604,000 | 249,763,262 | 246,076,986 | 242,770,307 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66,742 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 14,000 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 601,908,000 | 463,979,000 | 244,299,000 | 165,047,000 | 0 | 900,000 | 5,700,000 | 3,500,000 | 3,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,000 | 2,348,000 | 19,000 | 31,000 | 265,000 | 456,000 | 1,260,000 | 8,000 | 208,000 | 5,000 | 88,000 | 33,000 | 57,957 | 83,833 | 55,811 |
| total current liabilities | 601,916,000 | 466,341,000 | 244,318,000 | 165,088,000 | 265,000 | 1,356,000 | 6,960,000 | 3,508,000 | 3,208,000 | 5,000 | 88,000 | 33,000 | 57,957 | 150,575 | 55,811 |
| loans | 0 | 0 | 0 | 0 | 359,321,000 | 370,728,000 | 317,784,000 | 302,908,000 | 121,955,000 | 128,914,000 | 82,773,000 | 14,875,000 | 7,365,466 | 5,021,754 | 4,367,344 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 359,321,000 | 370,728,000 | 317,784,000 | 302,908,000 | 121,955,000 | 128,914,000 | 82,773,000 | 14,875,000 | 7,365,466 | 5,021,754 | 4,367,344 |
| total liabilities | 601,916,000 | 466,341,000 | 244,318,000 | 165,088,000 | 359,586,000 | 372,084,000 | 324,744,000 | 306,416,000 | 125,163,000 | 128,919,000 | 82,861,000 | 14,908,000 | 7,423,423 | 5,172,329 | 4,423,155 |
| net assets | 659,916,000 | 651,481,000 | 646,928,000 | 648,333,000 | 250,668,000 | 259,384,000 | 251,433,000 | 266,810,000 | 279,355,000 | 275,321,000 | 267,570,000 | 246,696,000 | 242,339,839 | 240,904,657 | 238,347,152 |
| total shareholders funds | 659,916,000 | 651,481,000 | 646,928,000 | 648,333,000 | 250,668,000 | 259,384,000 | 251,433,000 | 266,810,000 | 279,355,000 | 275,321,000 | 267,570,000 | 246,696,000 | 242,339,839 | 240,904,657 | 238,347,152 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -319,000 | 4,794,000 | -2,366,000 | -46,858,000 | -25,601,000 | -205,000 | -1,647,000 | -1,290,000 | 706,000 | -221,000 | -183,000 | 386,000 | -157,604 | -444,545 | -1,128,301 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | -200,000 | 0 | 0 | 0 | -2,386,123 | -3,070,132 | -2,489,848 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -19,705,000 | 16,602,000 | -611,000 | -272,674,000 | -18,224,000 | 42,015,000 | 2,809,000 | 126,562,000 | 706,000 | 53,622,000 | -9,218,000 | 11,864,334 | 3,642,575 | 3,459,824 | 59,289,267 |
| Creditors | -14,000 | 14,000 | -10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -2,340,000 | 2,329,000 | -12,000 | -234,000 | -191,000 | -804,000 | 1,252,000 | -200,000 | 203,000 | -83,000 | 55,000 | -24,957 | -25,876 | 28,022 | 55,811 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 17,032,000 | -9,465,000 | -1,777,000 | 225,592,000 | -7,568,000 | -43,024,000 | -3,204,000 | -128,051,000 | 3,000 | -53,926,000 | 9,090,000 | -11,503,291 | -6,212,178 | -6,946,479 | -62,851,605 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 161,827,000 | 219,043,000 | 66,851,000 | 490,705,000 | -16,949,000 | 13,144,000 | 991,000 | 40,670,000 | -438,000 | 0 | 98,040,000 | 105 | 0 | 0 | 183,327,895 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 137,929,000 | 219,680,000 | 79,252,000 | 165,047,000 | -900,000 | -4,800,000 | 2,200,000 | 500,000 | 3,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -359,321,000 | -11,407,000 | 52,944,000 | 14,876,000 | 180,953,000 | -6,959,000 | 46,141,000 | 67,898,000 | 7,509,534 | 2,343,712 | 654,410 | 4,367,344 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 8,343,000 | 480,000 | 172,000 | 147,000 | -5,000 | -18,000 | -21,000 | -29,000 | -12,000 | -28,000 | -30,000 | -30,000 | -21,091 | -27,818 | -81,949 |
| cash flow from financing | 146,272,000 | 220,160,000 | 79,424,000 | -194,127,000 | -12,312,000 | 48,126,000 | 17,055,000 | 181,424,000 | -3,971,000 | 46,113,000 | 67,868,000 | 7,479,695 | 2,322,621 | 626,592 | 241,332,645 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,888,000 | -9,069,000 | 11,585,000 | -14,864,000 | 13,959,000 | 132,000 | -849,000 | 1,476,000 | 10,000 | 187,000 | 5,000 | -23,701 | 43,701 | -153,145 | 153,145 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -66,742 | 66,742 | 0 |
| change in cash | 1,888,000 | -9,069,000 | 11,585,000 | -14,864,000 | 13,959,000 | 132,000 | -849,000 | 1,476,000 | 10,000 | 187,000 | 5,000 | -23,701 | 110,443 | -219,887 | 153,145 |
safestore acquisition limited Credit Report and Business Information
Safestore Acquisition Limited Competitor Analysis
Perform a competitor analysis for safestore acquisition limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mature companies, companies in WD6 area or any other competitors across 12 key performance metrics.
safestore acquisition limited Ownership
SAFESTORE ACQUISITION LIMITED group structure
Safestore Acquisition Limited has 10 subsidiary companies.
Ultimate parent company
2 parents
SAFESTORE ACQUISITION LIMITED
04835087
10 subsidiaries
safestore acquisition limited directors
Safestore Acquisition Limited currently has 2 directors. The longest serving directors include Mr Federico Vecchioli (Sep 2013) and Mr Simon Clinton (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Federico Vecchioli | 58 years | Sep 2013 | - | Director | |
| Mr Simon Clinton | United Kingdom | 52 years | Apr 2024 | - | Director |
P&L
October 2023turnover
0
0%
operating profit
-319k
-107%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
659.9m
+0.01%
total assets
1.3b
+0.13%
cash
4.5m
+0.73%
net assets
Total assets minus all liabilities
safestore acquisition limited company details
company number
04835087
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
July 2003
age
22
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
October 2023
previous names
belazure acquisition limited (December 2003)
mattius limited (August 2003)
accountant
-
auditor
-
address
brittanic house, stirling way, borehamwood, hertfordshire, WD6 2BT
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
TRAVERS SMITH LLP EVERSHEDS LLP
safestore acquisition limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 12 charges/mortgages relating to safestore acquisition limited. Currently there are 0 open charges and 12 have been satisfied in the past.
safestore acquisition limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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safestore acquisition limited Companies House Filings - See Documents
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