SECURE DATA RECYCLING LTD
SECURE DATA RECYCLING
Corporate data security company trading in high-end IT Computer Equipment Assets - returning client
Key information
WebsiteCompanies
House
RAISED
£12k
TARGET
£65k
INVESTORS
39
Months
48
APR
13.5%
IFISA
Director Guaranteed
Minimum investment is £100
Estimated return
£
Achieving consistent year-on-year growth with a projected sales revenue of £1.6M this financial year
Our commitment to quality and service is guaranteed with earned ISO 9001, 14001 and 27001 accreditations.
Customer retention and satisfaction at a yearly record of 98%
Our Story
Secure Data Recycling Ltd was founded by Anthony Mayes in late 2014 filling a gap in the market for a sustainable recycling and refurbishment service for redundant IT equipment assets. Anthony has a history building and selling businesses having built the paper shredding business Shred-Fast Ltd in 1997 and selling in 2007.
Today, Secure Data Recycling delivers nationwide coverage with rapid local response, DBS-checked professionals, and rigorous training standards. Every device is securely collected, data erased to compliant standards, and either refurbished for reuse or responsibly recycled.
As data volumes surge and regulation tightens, demand for trusted IT disposal is accelerating. Secure Data Recycling is positioned to become the UK’s leading secure IT recycling partner, protecting reputations, unlocking asset value, and driving sustainable growth.
If you want to invest in security. Invest in sustainability. Invest in the future of responsible technology.
Credit Commentary
Secure Data Recycling Ltd (SDR) is an IT recycling and e-waste disposal company providing services that help businesses and organizations safely dispose redundant IT equipment and sensitive data. Therefore, the modern and up-to-date IT systems are critical to the effective operation to most organizations, which supports continued demand for these services. The company is based in Chelford, Macclesfield and has been in this business since 2014. The company holds Equifax grade of C(+).
The company is jointly owned by Matthew Mayes and Anthony Mayes. Both the shareholders exhibit a good credit profile. With one of them having homeowner status with a good equity in it. This enhances the strength of the Personal Guarantee provided to us, offering comfort regarding their financial standing and commitment.
The financials of the company depict an upward trajectory with sales growing to £1m from £767k (YE Oct 2024), translating into an Operating Profit of £ 56k (YE Oct 2024: £54k) during YE Oct 2025. The EBITDA of the company stood at £101k, drawing support from non-cash expense. The current Debt Service Coverage stands comfortably at 4x and is sufficient to fund new borrowing. The Net Assets for the company stood at £155k and Net Current Assets at £90k. We have reviewed Open Banking data as well which shows good affordability for the loan and the bank accounts have remained well in credit over the past 12 months. The funding will be used to purchase a batch of laptops that can be securely wiped, refurbished, restored to full working conditions, and sold to clients.
Inflation Risk – the business does not have material impact of inflation on their business. As their primary cost relates to fuel for collection vehicles, and fuel prices are currently lower than they have been for some time. Approximately 90% of their customers are B2B, and they provide essential service to them.
Incorporated
11 years, 6 months
Credit risk indicator
- 2025
- 2024
Profit & Loss
2025
Turnover
£0
Cost of sales
£0
Gross profit
£0
Admin expenses
£0
Operating profit
Net interest payable
£0
Pre-tax profit
£0
Tax
£0
Net Profit
£0
Balance sheet
2025
Fixed assets
£0
Current assets
£0
Current liabilities
£
0
Long term liabilities
£0
Net equity
£
0
Profit & Loss
2024
Turnover
£0
Cost of sales
£0
Gross profit
£0
Admin expenses
£0
Operating profit
Net interest payable
£0
Pre-tax profit
£0
Tax
£0
Net Profit
£0
Balance sheet
2024
Fixed assets
£0
Current assets
£0
Current liabilities
£
0
Long term liabilities
£0
Net equity
£
0
Where will the funds go?
Newly acquired warehouse requires office, toilet and kitchen build
£30,000
High-end laptop stock for trade & resale
£35,000
Key people
Anthony Mayes
CEO & Founder
Matthew Mayes
Director
CI
Clive Ian Goldman
director
AJ
Anthony John Mayes
director
Investor rewards
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Risk warning
Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.