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GreenTech Distribution and Mobile Phones Direct ranked in Fast Track 100

Alex Yau
December 9, 2015

PJA Distribution and Redeem also made the list which ranks Britain’s fastest growing companies

GreenTech Distribution, Mobile Phones Direct, PJA Distribution and Redeem have been ranked in the latest Sunday Times Virgin Fast Track 100.

GreenTech took the top spot, Mobile Phones Direct came 16th, whilst PJA Distribution and Redeem followed with respective rankings of 37 and 100.

The annual supplement, which was published on December 6, ranks Britain’s 100 private companies with the fastest-growing sales over the last three years.

GreenTech Distribution, which was founded in 2010 in High Wycombe, grew sales on average by 248 per cent from £1.2 million in 2012 to £48.9 million this year.

The company specialises in purchasing unwanted phones from insurance companies and retailers. It then sells them or salvages parts to repair other handsets.

CEO Richard Crawley said: “Achieving the number one spot in the FastTrack 100 League is an amazing accolade that means a great deal to the whole team within our business. Successes like this mean we are able to make our voice stand out in the market and get a chance to demonstrate how we can be a valuable commercial partner in our customers’ product supply chains, looking specifically at the opportunities across the whole lifespan of mobile devices.”

Mobile Phones Direct, based in Berkshire, sells handsets and accessories from Apple, Samsung and Sony. The company was founded in 2011 and is led by CEO Ben Branson. The company’s sales grew by 101.35 per cent per annum from £7.8 million in 2012 to £63.6 million in 2015.

Stockton-on-Tees-based PJA Distribution distributes cases for smartphones from Apple, Samsung, Sony, Microsoft, HTC and LG, alongside car charges, stylus pens and touchscreen gloves. The company’s sales grew by 70.57 per cent per annum from from £1.5 million in 2012 to £7.3 million in 2015.

Redeem refurbishes, resells and recycles handsets for networks, business customers and consumers. Headed by Trevor Bayley, Redeem launched the Envirofone shop in June – an online shop that sells second hand devices to consumers. Sales grew by 42.49 per cent per annum from £27.7 million in 2012 to £80 million in 2015.

Bayley said: “We are delighted to be recognised by this leading industry accolades. The award underlines the success of our business strategy as well as our commitment to helping other organisations. We’re proud to rank alongside some really exciting companies and look forward to continued strong growth in the years to come.”

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