A YORK waste management and recycling firm is on track to grow revenues by more than 50 per cent in its latest year after securing a number of new commercial contracts.

Business Waste, based at Artemis House in Heworth Green, is predicting turnover will hit its £8.5 million target for 2018, marking a rise from £5.5 million the year before.

As part of its continued growth the company, which was formed in 2015, is planning to grow its team of 45 people by an additional ten over the course of the year.

To help it achieve its aims, Business Waste appointed Yorkshire accountancy firm Garbutt + Elliott to provide payroll, accountancy services and business planning advice.

Business Waste managing director David Adams, said: “Since launching our business we have gone from strength-to-strength and we are looking ahead to continued success in 2018.

“We are projecting significant turnover growth this year and are looking to expand our headcount to 55 to meet the increasing demand for our services.

“The support and advice of Garbutt + Elliott has been invaluable and we’re confident that the firm will help us grow and achieve our commercial objectives.

“Our success has been built on creating long-lasting relationships based on trust, reliability, exceptional service and honesty and we feel Garbutt + Elliott also embodies those values.”

Business Waste provides waste management, disposal and recycling services to the hospitality, healthcare, manufacturing and financial services sectors throughout the UK.

Its clients include BBC, Britannia Hotels, Islington Council, We Buy Any Car, Deliveroo and Waitrose.

Jeremy Oliver, partner at Garbutt + Elliott, which has offices in Monks Cross and Leeds, said: “Business Waste is yet another positive story of growth in York.

“The business has ambitious plans for growth in 2018, which includes creating ten new jobs, and we look forward to continuing our relationship and providing support as the business continues to expand.”