A shredding and recycling firm is working on ambitious plans to expand after seeing a boom in companies looking to dispose of sensitive items safely.
ShredPro, based in Warwick, is working on expansion plans with the aid of accountancy firm Clement Keys.
Clement Keys partner Roger Parsons said: “The credit crunch is certainly having an impact on service industries, but young, dynamic businesses like ShredPro are demonstrating that SMEs can rise to the challenge if they have a unique product and financial advice.
“The major data losses reported in the past few months highlight an important issue which affects all businesses to some degree. ShredPro is not only providing a vital service, but is also helping companies do their bit to protect the environment.”
ShredPro was set up nine months ago by sales director Darren Brown and co-director Andrew Guest, supported by Clement Keys who helped to put together a business plan and arrange incorporation.
The financial services firm are now preparing the accounts for a push over the next five years, which will see Clement Keys take on a stronger advisory role at ShredPro.
Mr Brown, who has spent eight years working in shredding and recycling, said: “Clement Keys played an important part in making sure our business proposition is solid and that we are properly structured to achieve our target growth, so I am confident we can build from our solid foundation and win a sizeable share of this growing market.”
ShredPro’s work lets companies destroy confidential data easily and gives them protection against potential misuse of company information.
It deals with confidential waste on a weekly or monthly basis or sets up ad hoc arrangements in line with client requirements and can destroy a range of materials, including microfilm, video and audio tape and CDs.
It can even recycle old uniforms and pass cards.
Data is destroyed on the client’s premises and ShredPro provides a certificate of destruction before transferring the waste to a local recycling mill where all plastics and metals are removed and the material is turned into low-grade toilet tissue.
Recycling 1,000 kilos of paper saves 14 trees or two cubic metres of landfill space and while outsourcing recycling of confidential waste was originally an American concept, it is now being embraced in the United Kingdom.
