UK STORAGE COMPANY (SW) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-06 (in 8mo)
Last made up 2025-12-23
Watchouts
None on the register
Cash
£3M
+156.1% highest in 4 filed years
Net assets
£19M
+35.1% highest in 3 filed years
Employees
28
-6.7% lowest in 3 filed years
Profit before tax
£5M
-14% lowest in 3 filed years
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-03-31
Latest accounts filed cover 2025-03-31; financial figures currently reflect up to 2024-03-31.
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £11,822,657 | — | £13,839,030 | £14,159,999 | |
| Operating profit | — | — | — | £6,106,619 | — | £6,472,506 | £5,449,287 | |
| Profit before tax | — | — | — | £5,953,022 | — | £6,387,632 | £5,493,110 | |
| Net profit | — | — | — | £4,660,626 | — | £5,591,727 | £4,950,801 | |
| Cash | — | — | — | £1,316,877 | £1,316,877 | £1,317,883 | £3,374,675 | |
| Total assets less current liabilities | — | — | — | £14,556,013 | — | £16,331,858 | £21,180,579 | |
| Net assets | — | — | — | £8,604,824 | — | £14,119,827 | £19,070,628 | |
| Equity | — | — | £5,144,834 | £8,604,824 | £8,604,824 | £14,119,827 | £19,070,628 | |
| Average employees | — | — | — | 32 | — | 30 | 28 | |
| Wages | — | — | — | £669,153 | — | £715,987 | £929,434 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 51.7% | — | 46.8% | 38.5% | |
| Net margin | — | — | — | 39.4% | — | 40.4% | 35.0% | |
| Return on capital employed | — | — | — | 42.0% | — | 39.6% | 25.7% | |
| Interest cover | — | — | — | 39.76x | — | 76.26x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have at the time of approving the financial statements, a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- UK STORAGE COMPANY (SW) LIMITED · parent
- SCS (Witney) Ltd 100%
- MyStore Self Storage Ltd 100%
Significant events
- “On 28 October 2024 UK Storage Company (SW) Limited acquired SCS (Witney) Ltd and MyStore Self Storage Ltd.”
- “Subsequent to the year end, UK Storage Company (SW) Ltd and Zeus BidCo Jersey Ltd entered into a Facilities Agreement with Deutsche Bank AG to provide additional funding into the Group. This has been secured against assets within UK Storage Company (SW) Ltd and is to provide funding to accelerate the growth of new sites within the business.”
- “The two subsidiary companies, SCS (Witney) Ltd and MyStore Self Storage Ltd will both be liquidated following the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAND, Nick | Director | 2025-04-01 | Sep 1987 | British |
| LE NORMAND, Pierre Francois Marie | Director | 2023-06-08 | Oct 1986 | French |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TAYLOR, Catherine Wilmeth | Secretary | 2005-01-03 | 2023-06-08 |
| FORMATION SECRETARIES LIMITED | Corporate Secretary | 2004-12-16 | 2004-12-16 |
| KING, Simon Alexander Brewer | Director | 2023-08-14 | 2026-03-31 |
| MORRIS, Gareth | Director | 2024-01-01 | 2025-02-26 |
| TAYLOR, Catherine Wilmeth | Director | 2005-01-03 | 2023-06-08 |
| TAYLOR, Keith Michael | Director | 2004-12-17 | 2023-06-08 |
| FORMATION NOMINEES LIMITED | Corporate Director | 2004-12-16 | 2004-12-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Zeus Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-06-08 | Ceased 2023-06-08 |
| Mr Anthony Yoseloff | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2023-06-08 | Active |
| Mrs Catherine Wilmeth Taylor | Individual | Shares 25–50%, ownership-of-shares-25-to-50-percent-as-firm | 2016-04-06 | Ceased 2023-06-08 |
| Mr Keith Michael Taylor | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2023-06-08 |
Filing timeline
Last 20 of 117 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-20 | SH01 | capital | Capital allotment shares | |
| 2025-10-09 | AA | accounts | Accounts with accounts type group | |
| 2025-07-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-03-31 vs 2023-03-31
-
Turnover
+2.3%
£13,839,030 £14,159,999
highest in 3 filed years
-
Cash
+156.1%
£1,317,883 £3,374,675
highest in 4 filed years
-
Net assets
+35.1%
£14,119,827 £19,070,628
highest in 3 filed years
-
Employees
-6.7%
30 28
lowest in 3 filed years
-
Operating profit
-15.8%
£6,472,506 £5,449,287
lowest in 3 filed years
-
Profit before tax
-14%
£6,387,632 £5,493,110
lowest in 3 filed years
-
Wages
+29.8%
£715,987 £929,434
highest in 3 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers