Shredall SDS Group was set up in Nottingham in 1997 by Lloyd Williams, who runs it alongside his daughter Lucy and son Nik. The business specialises in supplying document shredding, storage and scanning services for businesses across the UK.
Within the last 10 years, the business has seen its employee numbers increase drastically, now employing 80 members of staff across their offices nationwide. Shredall SDS Group now has depots and offices in Nottingham, London, Birmingham and Edinburgh with their most recent site opening in Glasgow in July last year.
Shredall began its partnership with Skipton Business Finance in 2010 when it was decided that an Invoice Discounting facility would offer support for the business and its plans to expand. The funding allows Shredall SDS Group access to unpaid invoices immediately rather than waiting for customers to pay.
Within the last 10 years, the business has seen its employee numbers increase drastically, now employing 80 members of staff across their offices nationwide. Shredall SDS Group now has depots and offices in Nottingham, London, Birmingham and Edinburgh with their most recent site opening in Glasgow in July last year.
The new site, located in Bellshill, is now fully operational following a £1.2m investment and supplies a new onsite shredding service with upgraded equipment. As a result of this growth, the business has seen its turnover double from £2.8m to £5.9m since 2014.
Speaking of the success of the business, Financial Controller Amy Wright, said: “At Shredall SDS Group, we have experienced really exciting growth, especially with our new site at Bellshill which allows us to offer new and improved services to our customers,”“Our relationship with Skipton Business Finance has allowed our business to expand in various areas meaning we can supply a wider range of services to customers nationwide.” Ms Wright added.
Carys Brennan, Relationship Manager at Skipton Business Finance, said: “We have been working with Shredall SDS Group for 10 years now and it has been brilliant to see how the business has thrived within this time,”“Following the opening of their new site in Glasgow, it is a really exciting time for the business and we are looking forward to working with the group as they continue to expand.” Ms Brennan added.
At Skipton Business Finance, we love to see our clients succeed and to know that our support through funding has enabled businesses to expand and develop. Find out more information here about Shredall SDS Group.
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At Skipton Business Finance, we offer the following types of Invoice Finance:
- My White Label
- Disclosed Invoice Factoring
- Recourse Invoice Factoring
- CHOCS Invoice Factoring
- Confidential Invoice Discounting
- Disclosed Invoice Discounting
- Recourse Invoice Discounting
- Invoice Discounting for Small Businesses