Search

Young Norwich entrepreneur's £1m target

PUBLISHED: 14:09 17 March 2010 | UPDATED: 08:56 02 July 2010

imon Franklin, managing director of the Shred Station

imon Franklin, managing director of the Shred Station

Paul Hill, business editor

The young entrepreneur behind a shredding business near Norwich is on course to hit turnover of £1m within two years after expanding his fleet of vehicles.

The young entrepreneur behind a shredding business near Norwich is on course to hit turnover of £1m within two years after expanding his fleet of vehicles.

Simon Franklin set up Shred Station, based in Bidwell Road, Rackheath, in 2008 - offering clients the option of having waste paper with confidential data shredded on their premises in tailor-made vans.

Mr Franklin has now spent £160,000 buying a third shredding vehicle to cope with a burgeoning portfolio of clients across the country, including health bodies and the financial services industry.

The firm, which processes about 200 tonnes of shredded paper a month, has also increased its workforce from seven to nine people in the last year.

Two staff members are being put through HGV driver training.

“We've picked up quite a few large clients and we're expanding as those bigger jobs come along,” Mr Franklin said.

“We now go to Nottingham, Leicester, Oxford and Reading and we're going to be basing one of our vehicles in London full time.

“We're very confident that we can reach turnover of £1m this year.”

Mr Franklin said the new clients were drawn from both the public and private sector, and included a blue-chip national organisation.

The shredded material - which includes electrical components such as sim cards, microfiche, tapes and cartridges - is sent for recycling where possible.

“We're pushing for a warehouse at the moment so we can offer the full package,” Mr Franklin said.

“We've got vans going around doing on-site shredding and an off-site vehicle that collects electrical waste, like toners. But we want to offer the full service, including off-site shredding as well.”


If you value what this story gives you, please consider supporting the Norwich Evening News. Click the link in the orange box below for details.

Become a supporter

This newspaper has been a central part of community life for many years, through good times and bad, serving as your advocate and trusted source of local information. Our industry is facing testing times, which is why I’m asking for your support. Every single contribution will help us continue to produce award-winning local journalism that makes a measurable difference to our community.

Thank you.

Most Read

Most Read

Latest from the Norwich Evening News