Fast Track 100

This firm refurbishes, recycles and resells IT and electronic equipment, including mobile phones, satellite navigators, digital cameras and laptops. It has processed more than 500,000 mobiles for OR Recycle, paying OR customers more than £35m for their old devices. It also provides marketing services to mobile operators to help them be more environmentally friendly. The company was set up in 1991 as a print cartridge recycler, and chairman Trevor Bailey, 51, bought out the founder in 2011 for an undisclosed sum. Claes Svensson was appointed chief executive in September.

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Company details
Year2012
Rank41
CompanyRedeem
ActivityElectronic devices recycler
LocationWest Lothian
Annual sales rise over 3 years78.23%
Latest sales £000s*34,000
Staff151
Founded1999
Websitewww.redeem.co.uk

If applicable:

* supplied by company † annualised figure