Clearpoint tips forecasts with record growth
A Yorkshire recycling brokerage has exceeded revenue forecasts after a year of strong growth despite challenging market conditions.
Clearpoint Recycling, headquartered in Harrogate with an office in Lithuania, reported revenues of £16.5 million for 2024–2025, surpassing its original projection of £12.5 million.
The independent recyclable materials trader is now forecasting turnover of £20 million by the end of 2026, supported by plans to expand its workforce both in the UK and overseas.
The company’s growth strategy includes increasing the number of certified brokers trading on its platform, enhancing its marketplace technology and scaling its European sales team by more than 20 staff next year.
Clearpoint also expects to see early commercial impact from an exclusive agreement with PET recycler Enviroo, a nine-figure deal set to launch later this year.
Over the past 12 months, the company has also achieved several milestones including B Corp certification, securing the Enviroo contract and increasing its headcount for the first time since 2020.
Mark Garrett, managing director of Clearpoint, which currently employs 30 staff, with 24 based in Harrogate and six in Lithuania, said: “We are operating in one of the most challenging markets the recycling sector has ever seen.
“However, with challenges come opportunities.
“Through diversified commercial partnerships and our well-adapted workforce, we are well positioned to achieve our ambitious growth plans over the next 12 months.
“Since 2023, the business has been executing its strategy with commitment and hard work. We’ve focused on delivering real added value by solving supply chain challenges.
“Our watch words are commerciality, compliance and consistency for customers.
“In such a difficult market, Yorkshire businesses that innovate and collaborate are the ones that win and we’re proud to be proving that.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Are you a meat proxy?
Engaging the five-generation workplace
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners