H W Martin Waste Ltd has been identified at Number 4 in the 2010 list of fastest growing businesses in the waste industry.
The annual chart, produced by Catalyst Corporate Finance for the Chartered Institution of Wastes Management (CIWM), looks at all companies in the sector that are registered in the UK, private, independent and unquoted. The compound annual growth rate (CAGR) is evaluated and it is this figure that determines a company’s ranking in the Fast 50 list.
With a CAGR of 84%, H W Martin Waste Ltd is placed far higher than many larger companies and a long way above all of its direct competitors, including national “blue chip” corporations.
Nigel Faulconbridge, Finance Director for the Martin Group, commented, “We are very pleased to achieve this recognition. H W Martin Waste Ltd has realised significant growth on the back of local authority contract awards, achieved through a well-established reputation of reliability to deliver high standards of service, and capital backing from the Martin Group.”