Submitted by Jeanine Lynch on July 26, 2016 - 03:35pm
July 20, 2016 - Shredding and data destruction firm Shredall has invested in its future with a new £250,000 machine which will double its current output and enable it to take on more work.
Shredall, which helps companies adhere to the Data Protection Act by confidentially getting rid of their paper waste, was working at full capacity before the installation of the new German-built shredding machine - capable of ‘cross cutting’ 6000kgs of paper per hour.
Founder Lloyd Williams said: “Businesses shred their sensitive documents, not just because it’s the law, but because it protects them and their customers from becoming victims of identity theft or fraud.
“They trust us to dispose of their waste as fast and securely as we can, which is why we always need to ensure that we have the best machinery possible that meets global standards.”
A recent report by Experian, PKF Littlejohn and the University of Portsmouth’s Centre for Counter Fraud Studies, suggests that the annual cost of fraud in the UK is £193 billion. Business fraud is estimated to account for £144 billion of that.
Items Shredall destroy includes paper documents and WEEE (waste electrical and electronic equipment) such as hard drives, printers, laptops and USBs, CDs and DVDs. They can also shred X-rays, uniforms, ID cards, headed paper, business cards and other branded products. 100% of the firm’s bi-produced paper material is then recycled into tissue related products, including newspapers, magazines, cardboard, hand towels, loft insulation and animal bedding.
The company achieved a turnover in excess of £3.82 million last year - expected to grow by half a million in 2016/2017. It has four branches across the UK - one in Birmingham, one in London, one in Scotland and one in Nottinghamshire, where its headquarters are based.
Nik Williams, group sales director, added: “It’s been a great year for the business so far. We’ve won more than £400,000 in new contracts, have taken on a number of staff and will be launching another recruitment drive in the next few months. We’ve also recently passed our ISO 27001 audit for another year, in recognition of our commitment to information security.
“This new piece of machinery helps us remain at the forefront of our industry and gives us the capacity to take on more work and begin to forge relationships with more of the region’s top waste management and large paper user companies who are looking for a tried and trusted provider.”
Shredall was a runner up in the Small Business of the Year and Entrepreneur of the Year categories at The Nottingham Post Business Awards in May.