Storage Place Ltd (TSP) operates warehouses across the UK and has shifted from its original heavy industry and automotive distribution focus to concentrate on e-retail order fulfilment. Founded in 2002, the company is described by investors as fast-growing and highly profitable. TSP secured a £400,000 investment to open a new facility in County Durham and to support regional expansion. The new facility is expected to create up to 40 jobs in the North East. Management says the funding will help expand regional operations and support further job growth. The company’s product is primarily cost-effective order fulfilment services for e-commerce customers including Amazon sellers.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2023