Lancaster-based data erasure specialist聽ICT Reverse聽has reported record turnover of 拢11.8m.
The figure for the 12 months to the end of March 2026 represents a 32 per cent increase year-on-year from 拢8.9m. Over the same period, EBITDA rose to 拢4.3m.
The company offers IT asset disposal services, including secure data destruction, logistics and recycling.
The workforce has grown to 80 and managing director聽Sophie Gray聽said: 鈥淚鈥檓 absolutely delighted by the figures, which are testament聽to the whole staff at ICT Reverse.
鈥淲e talk about the numbers a lot at all levels of the business and it鈥檚 the first time we鈥檝e broken through the 拢10m mark.
鈥淚 get my satisfaction on delivering a first-class service to our customers.
鈥淲e talk to our customers a lot about their data and they don鈥檛 always know they can actually recycle their tech.
鈥淲e speak to people who literally think we鈥檙e going to throw it in a skip!
鈥淭he fact that we can educate customers as well as contribute to recycling and put equipment back into the circular economy is a ‘win-win’.
鈥淲e also donate 10 products a month to charity, including laptops, printers, tablets and mobile phones.鈥�
The company, which also has a hub in Watford, has invested heavily in its fleet of 12 vehicles, which includes a shredding lorry.
ICT Reverse has invested in a fleet of 12 vehicles
Gray said: 鈥淲e鈥檒l securely collect their equipment, bring it back to our facility, securely remove the data and recycle the asset.
鈥淪ome will be shredded and the precious metals removed. Everything will be separated and smelted down.
鈥淲e collect everything in our own vehicles so it鈥檚 end-to-end.鈥�
The company was established in 2003 by Morecambe-born entrepreneur聽Craig Smith.
Back then it was known as ShP Limited and focused primarily on second hand phones.
The business relocated to Lancaster and expanded its recycling services to include IT equipment such as laptops.
Following a rebrand to ICT Reverse in January 2016, the company was purchased a year later in a multi-million pound deal by the聽Eco-Renew Group.
ICT Reverse forms part of the聽Mazuma Group聽and Craig Smith is the group MD.
Sophie Gray, who has been with the business for 16 years, was promoted to MD of ICT Reverse in 2024.