Fast Track 100

This company’s business is a mix of recycling, waste management and property development that grew out of founder Barrie Clapham’s money-making sidelines at university. Credential claims to be Britain’s leading tyre recycler. Each year it turns old tyres into 80,000 tons of rubber particles, which it sells for use in floor coverings, roof tiles and landscaping. Its property division rents out houses, shops, offices and factories. Sales have grown 99% a year from £1.9m in 2000 to £15.3m in 2003.

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Company details
Year2004
Rank35
CompanyCredential Holdings
ActivityRecycler and developer
LocationGlasgow
Annual sales rise over 3 years99.33%
Latest sales £000s15,323
Staff76
Founded1989
Websitewww.credenv.com

If applicable:

* supplied by company † annualised figure