Locally based recycling & waste management broker CheaperWaste Ltd was established just 5 years ago and operates nationally.
CheaperWaste now has more than 2,000 active customers, making it one of the UK’s largest brokers
CheaperWaste, established in Newcastle in March 2011, has signed up its 2,000th customer and is now growing at a rate of over 110 new contracts per month. The breakthrough comes during a period of rapid growth that has seen turnover grow by an average of 60% year on year. The multi-million-pound company was started on a shoestring budget by James Jukes and Lucas Borthwick, operating from a backroom office above a nightclub with 2 old laptops and a landline telephone.
Embracing new technology to offer a jargon-free, paperless approach to commercial waste management, the company has garnered a loyal customer base and boasts the lowest customer cancellation rate in the industry. Customers are contracted to CheaperWaste for a 2-year term, with the vast majority of customers choosing to extend their contracts.
The milestone contract was won by Trevor Cairns, the first full-time member of staff hired by the fledgeling company in 2011. The Company now employs 19 people full time and occupies the entire top floor of newly refurbished offices on Collingwood Street.
Kelvin Croney, Sales Manager, praised CheaperWaste’s wins: “This is an exciting time for all of us here – I joined the company just after it was first formed and it’s great to have been at the forefront of a proper Geordie success story.”
The meteoric rise of CheaperWaste has spawned 3 new offshoot companies in recent years to form CheaperGroup. The group provides a variety of low-cost essential services to startups and SME’s across the UK, including cleaning consumables, card payment solutions and internet services.
Chris Penfold, Finance Director at CheaperGroup said: “The UK is a tough marketplace for startups and the smaller end of our SME demographic. CheaperWaste offers essential services at rock bottom prices without sacrificing quality; a real winning combination when every penny counts, especially in an old fashioned industry where customers were suffering.”
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