History & Timeline

  1. 1938

    S&U Stores plc Founded

    S&U Stores plc was founded in Birmingham in 1938 by Clifford Coombs and our first premises opened in July 1938 in Corporation Street.

    Edgbaston Street Store

    In September 1938 the original
    Edgbaston Street store opened.

  2. 1947

    S&U Stores plc Founded

    The First Branch Shrewsbury

  3. 1951

    First Annual Outing To Paris

    30th May 1951 saw the first annual staff outing to
    Paris from Elmdon airport.

    Solitaire Furniture Founded

    Solitaire Furniture Limited opened in March 1951 in
    Pershore Street, Birmingham.

  4. 1958

    New Edgbaston
    Street Store

    On May 16th 1958 our new store in Edgbaston Street opened,
    costing over a quarter of a million pounds - 118 feet tall with an 82 feet frontage.

  5. 1959

    Spotlight On Fashion

    In September 1959 our first Autumn Fashion Parade was held in our Edgbaston Street Restaurant.

    Staff Superannuation Scheme

    In 1959 our staff superannuation scheme starts.

  6. 1961

    Floated On Stock Exchange

    In 1961 S&U plc is floated on the London stock exchange.

    Swallow Raincoats

    During the 1960's S&U plc expands into raincoats.

  7. 1975

    Home Credit Loans

    S&U plc moves away from stores and manufacturing to concentrate on home credit loans.

  8. 1992

    Home Credit Loans Acquisition

    In 1992 S&U plc expands by acquiring Wilson Tupholme.

  9. 1999

    Advantage Finance Founded

    Advantage Finance was founded in 1999 and has grown to become
    one of the UK's leading providers of specialist motor finance products.

  10. 2011

    In-House Systems

    Advantage Finance start to leverage their superb in-house systems and introducer
    relationships to take advantage of post credit crunch market.

  11. 2013

    Profits Of Over £14m

    S&U plc record group profits of over £14m and declare largest dividend of over £5m.

  12. 2015

    Home Credit Sold

    In 2015 Home Credit Loans business is sold for £82.5m.

  13. 2017

    Aspen Bridging Launched

    Launched in 2017 Aspen Bridging is a specialist provider of property bridging finance for individuals and business borrowers.

  14. 2022

    Group Profit Before Tax of over £47m

    Fantastic achievement by our loyal people with our businesses showing great resilience as the world starts to emerge from the global pandemic.