Cargostore Worldwide Trading Ltd

Cargostore Worldwide Trading Ltd, based in the UK, specializes in the design, manufacture, and leasing of offshore and ISO containers, providing tailored solutions for challenging environments across various sectors. Cargostore Worldwide Trading Ltd focuses on providing container solutions for industries such as oil and gas, mining, and logistics. The firm was founded in 1993 and has global offices, with its headquarters in the UK. Andrew Hart is the CEO, leading the company since its formation.

The company raised GBP 24 million during the BUYOUT funding round on 6th February 2020, with investors including Agathos and Connection Capital. This funding has been pivotal in supporting Cargostore's expansion into offshore wind, oil & gas, international aid, and defence markets, and the total amount raised by the company is GBP 24 million. Cargostore Worldwide Trading Ltd specializes in the design, manufacture, and leasing of offshore and ISO containers meant for demanding environments. Their product portfolio includes DNV Offshore Cargo Carrying Units (CCUs), refrigerated containers, and the innovative LiftaLoo, which is the world's first single-lift point, drop-safe offshore toilet.

These containers are engineered for durability and safety, facilitating the storage and transport of various goods, including temperature-sensitive items. Cargostore serves a diverse group of clients across sectors such as oil and gas, mining, construction, and logistics, with a reach extending to the Middle East, Europe, Africa, and the Americas. In the most recent fiscal year 2023, Cargostore Worldwide Trading Ltd reported a revenue of GBP 16,849,115. 10 and an EBITDA of GBP 7,051,644.

40. The company's revenue stems from B2B transactions involving the leasing and sales of specialized containers to industries requiring reliable storage and transportation solutions, with pricing structured around rental agreements and tailored for long-term contracts or one-time purchases based on client needs. Cargostore Worldwide Trading Ltd is focused on developing new products and expanding its market presence in response to growing demands in offshore wind and defense sectors. The company aims to launch innovative container solutions tailored for these industries in the coming years.

Recent funding from the GBP 24 million BUYOUT will be utilized to support this expansion strategy, enhancing their capability to serve growing markets effectively. Specific geographic regions targeted for growth include further penetration in Europe and new opportunities in the Americas.