Record year for Preston's Recycling Lives

Preston-based Recycling Lives has recorded significant sales growth after enjoying its biggest year yet.
William Fletcher of Recycling LivesWilliam Fletcher of Recycling Lives
William Fletcher of Recycling Lives

The recycling and waste management business has reported a near 50 per cent rise in sales to more than £46million in its annual accounts .

It enjoyed a significant rise in both sales and EBITDA in 2016/17, rising by 47 per cent and 44 per cent respectively.

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Total sales of £46.4m came after a number of major contract wins for the recycling business, including with Sellafield Ltd and Speedy Hire, as well as the acquisition of a car salvage business and opening five new sites nationally throughout 2016/17.

Recycling Lives Group managing director William Fletcher said: “This profitable growth is allowing us to significantly expand our social footprint and offer more opportunities as the charity’s growth follows the business’s growth.

“This growth has allowed us to create many more jobs – we have grown our staff team by 23 per cent in the last year.“Our impressive growth, coupled with the incredible social impact created by our charitable programmes, shows that Recycling Lives is here for good.”

Recycling Lives has a number of associated charity and social ventures which are directly supported and sustained by its business operations.

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An offender rehabilitation programme in prisons, a residential charity for homeless men, and a food redistribution programme to reduce food waste and tackle food poverty each enjoyed their own growth in 2016/17.

The prisons programme, known as HMP Academies, expanded into new prisons.

The residential charity established new working relationships with national employers, and the Food Redistribution Centre expanded its offer into Cumbria.

Recycling Lives now has nine sites nationwide.