Expanding electronic waste recycling specialist Intelligent Waste Management (iWaste) has reported a 35% year-on-year increase in turnover.
The Berkshire company is investing heavily in infrastructure, vans, people and a cloud-based management portal which has driven an ambitious move to a paperless operation.
This comes in a year when iWaste, which employs 35 people, celebrated its 10th anniversary and moved to bigger premises to facilitate strategic business growth.
iWaste provides electronic waste collection services, secure data destruction, electronic recycling equipment and WEEE (Waste Electrical and Electronic Equipment) disposal for corporations, public sector organisations and businesses across the UK.
Sam Prentice, director, said “We have come a long way from our beginnings 10 years ago.
“We are a growing concern, gaining market share, discovering new revenue sources and continuing to move in an upward trajectory and remain ahead of our growth target.
“We have put a great deal of time, effort and investment into growing the business, and we are now seeing this come to fruition, thanks in a huge part to the hard work and dedication of everyone involved in iWaste.”
“The expansion of the 15,000 sq ft site at Arborfield Cross last April has been key to our 35% increase in turnover and it has completely re-energised the business.”
iWaste occupies a 15,000 sq ft unit at the Ducks Nest Farm commercial estate in a rural setting, three miles south east of Reading, with potential to scale up.
Operations director Sam Mountain, who co-founded the business in 2013, added: “We have invested around £250,000 across the business, particularly in becoming a paperless operation.
“We have pushed forward with new vans, increased staff numbers, facilities, training, and improved processes and streamlining which enhances efficiency and provides our customers and future customers with a second-to-none service.
iWaste has B Corp certification, known as the gold standard for sustainability, which measures social and environmental impact, and is awarded by global non-profit network B Lab and is held by just 6,300 companies worldwide.
