Shredding and data destruction firm Shredall has invested £250,000 in a machine to double its current output and enable it to take on more work.
Shredall, which helps companies adhere to the Data Protection Act by getting rid of their paper waste confidentially, was working at full capacity before the installation of the German-built shredder machine, which is capable of cross-cutting 6,000kg of paper an hour.
Founder Lloyd Williams said: “Businesses shred their sensitive documents not just because it’s the law, but because it protects them and their customers from becoming victims of identity theft or fraud.”
A recent report by Experian, PKF Littlejohn and the University of Portsmouth’s Centre for Counter Fraud Studies suggested that the annual cost of fraud in the UK is £193bn. Business fraud is estimated to account for £144bn of that.
Items destroyed by Shredall include paper documents and waste electrical and electronic equipment such as hard drives, printers, laptops, USBs, CDs and DVDs. It can also shred X-rays, uniforms, ID cards, headed paper, business cards and other branded products.
Williams added: “This equipment gives us the capacity to take on more work, and begin to forge relationships with more of the region’s top waste management and large paper user companies which are looking for a tried and trusted provider.”