Recycled UK, which now employs 28 people at its Coseley site, added more than £1m of sales in 2013 processing and securely destroying 30 tonnes of CDs, DVDs and video games a week for blue chip organisations from the entertainment sector.
Bosses at the firm said their decision to spend £150,000 on the specialist bonded warehouse, 12 picking stations and baling machines gave it the advantage over rivals in its field.
The company added that it had also invested a further £50,000 in an automated shredder and baler, which meant that once an item intended for destruction enters the process it never leaves the track.
Managing director Paul Green (pictured) said he was delighted with the firm’s performance: “The secure bonded warehouse has been a huge success in its first year of operation and has really helped us take the business into our next phase of growth,” he said. “Thanks to the new orders we’ve won, I believe we’ll reach a record £2.1m turnover in 2013.
“With counterfeit goods such a big issue for firms, customers demand total peace of mind. From the minute the product arrives at Coseley in one of our trucks, we log it then track it throughout the various secure destruction phases.
“The client even gets a record of its destruction and – through a web link – can watch their order being completed. Better still, all of this is free of charge.”
He went on to add: “We have just been audited, approved and re-accredited by FACT (Federation Against Copyright Theft), which is massive in our industry and will lead to even more work.”
As well as introducing the bonded warehouse last year, the firm – which was established in 2006 by Paul Green and Paul Cotton – also invested in developing bespoke vision imaging software for disposing of time expired x-ray films for the medical sector.
Copyright Ken Hurst 2013