Today’s entry from Greenbang’s special report on UK Clean Tech Start-up businesses is about IWMS Ltd, just one of the many companies found in the report.
- Founder/Chief Executive: Philip Mossop
- and Robert Twiselton
- Founding date: May 2006
- Number of employees: 15
- Turnover: £5 million
- Website: www.iwmsuk.com
Helping customers make money from waste reduction is IWMS’s bread and butter. The company works with UK businesses to recycle more waste and send less to landfill. The system it developed generates revenue too. IWMS has invested heavily in technology for real-time monitoring and reporting of its clients’ waste and recycling systems.
Customers can access information ranging from whether a waste collection has happened at one of their stores to just how much waste that store has produced over a 12 month period.
The Greenbang Barometer
Proof if proof were needed that some of the cleverest clean tech ideas don’t necessarily have to depend on whizz-bang science: IWMS gets the nod for finding a green niche and exploiting it successfully.
The system is obviously working. In just two years the business has grown from a two-man band with just £10,000 in the bank to a 15 company with a turnover of £5 million. In the next six months that turnover is expected to double to £10 million. As we all know, turnover is for egos, but look at the clients: Caffe Nero, Waitrose, Allied Carpets, Goldsmiths, H & M, Paperchase, Lush and many more. It doesn’t get much better than this.