Tech Track 100

Chief executive Jonathan Short set up Eco Plastics in 2000, and had to rebuild its bottle sorting plant after a fire in the summer of 2009. The new facility, opened last November, is billed as one of the largest and most technically advanced of its kind in Europe. This year, the Lincolnshire company signed a joint-venture agreement with Coca-Cola to develop a new recycling facility. The deal helped Eco Plastics to raise £24m from Ludgate Environmental Fund, Close Brothers and Coca-Cola. Turnover grew 40% a year from an annualised £6.8m in 2007 to £18.6m in 2010 and is expected to hit £70m in 2012.

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Company details
CompanyECO Plastics
ActivityPlastic bottle recycler
Average 3 year sales growth40.12%
Latest sales £000s*18,615

If applicable:

* supplied by company † annualised figure