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Shred-it UK Sets £35m Sales Target

Posted: December 18, 2009

This article was published in Crain's Manchester Business
By Michael Fahy

Sale-based document destruction company Shred-it UK has announced plans to grow its turnover to £35m next year after achieving sales of £23m between January and October 2009 – a 15 per cent increase on the previous year.

The firm, which was started in Canada in 1988, said that it expects sales for the whole of 2009 to reach £27m. The figures represent the tenth successive year of growth since the business entered the UK market in 1999.

IT has its UK corporate headquarters in Sale and operates from 15 branches around the UK. The firm brings its equipment onto customers' sites to safely destroy documents, and said its base of regular customers has grown by than 3,000 in 2009, adding up to a total of 20,000. Some 72 of its 404 UK employees work at the headquarters and its local Trafford Park branch.

"This has been a momentous year for our UK business, which has flourished as public and private sector organisations have grown more aware of the financial and reputational risks associated with breaches of confidential data," said Shred-it UK's executive vice president Robert Guice.

"Our plans for growth include the opening of new branches in such key locations in South Wales and Norfolk, moves which will help us maintain our level of local service to new and existing customers in these areas of the UK."

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