Annual Report and Accounts 2022
We are the UK’s brand
leader in self storage.
Our diverse customer base, strong brand and location of our stores help us to deliver a resilient performance, even through challenging times. We continue to grow our business sustainably and with a responsibility to our staff, the environment, and the communities we operate in.
Chairman's Statement
Big Yellow Group PLC (“Big Yellow”, “the Group” or “the Company”), the UK’s brand leader in self storage, is pleased to announce its results for the year ended 31 March 2022.
We acquired the 80% of the Armadillo store portfolio that we did not previously own on 1 July 2021, and these results therefore benefit from consolidating the Armadillo business for nine months of the year. The Armadillo portfolio has been managed as part of our operating platform and has therefore been fully integrated for many years. In these results we have separated out the Armadillo performance in the portfolio summary to provide a transparent understanding of the performance of the business.
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Strategic Report
Our strategy from the outset has been to develop Big Yellow into the market-leading self storage brand, delivering excellent customer service, investing in sustainability and our market-leading operating platform and digital channels, with a great culture and highly motivated employees.
Governance Report
We are committed to the highest standards of corporate governance