Fast Track 100

When customers kept asking what they should do with their old handsets, former Orange employees Simon Walsh and Craig Smith founded what they say was the first mobile-phone-recycling company in 2001. From humble beginnings – working out of a garage in Wimbledon – the company now reprocesses gadgets such as laptops and MP3 players. Every component is refurbished, re-used or melted down to maintain the firm’s zero-landfill policy. Sales grew 48% a year, from £2.5m in 2006 to £8m in 2009.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
CompanyShP Solutions
ActivityMobile phone recycler
Annual sales rise over 3 years47.94%
Latest sales £000s8,045

If applicable:

* supplied by company † annualised figure