From £200 to £2.4m turnover – Bristol entrepreneur shows where there’s waste, there’s potential

July 8, 2016
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Waste management firm Waste Source, set up six years ago by Bristol accountant-turned-entrepreneur Chris Holland with just £200, is on course to hit a turnover of £2.4m this year.

The firm counts companies such as Caribbean restaurant chain Turtle Bay, cafe group Boston Tea Party and furniture retailer Oak Furniture Land as clients and manages all their waste processes in an ethical and transparent way. 

It now employs seven people at its base in the Tobacco Factory in Bedminster.

Turnover, which three years was £265,000, last year went past £1m for the first time. Now it is on target to be double that when its current financial year ends in November.

Waste Source’s mission statement is to make waste disposal a simpler, cheaper and more effective process for businesses of any size, especially those that operate across multiple locations.

Chris, pictured, previously worked at Bristol outsourcing group Mitie and Pieminister. He had the idea for Waste Source while working in procurement at the iconic Bristol-based pie business seven years ago.

A year later he teamed up with IT expert Jon Free, who built the firm’s website and telecoms and systems infrastructure from scratch.

Chris said: “I had the idea to start up a waste brokerage firm that embraced technology and placed ultimate value on service.

“I only had £200 capital at the time which meant that it was initially challenging. But fast forward to now and we’re on course for a record year, employing new staff and have a vision to growth that is ambitious.”

Chris says that the firm also has a healthy pipeline and from next month will be working with the famous Ivy restaurant.

“We’re a fun, vibrant and purposeful business and I’ve enjoyed the journey so far,” Chris added.

“It’s had its challenges such as uncertain economic times but I’m proud of my team and our success. We don’t have an investor onboard, no business loans or debt. Maybe we’re a rarity in that sense.”

 

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