Waste Managers Leap into Top 100 Profits League
21 April 2010 by CSG
Cleansing Service Group (CSG), the Fareham-based waste management company, has powered its way into an influential league table of Britain’s most successful private firms.
The company has grabbed 60th position in the annual Sunday Times PricewaterhouseCoopers Profit Track listing, which ranks the UK’s 100 private firms with the fastest growing profits.
The list, now in its 11th year, ranks companies according to growth in profits over the last three years of latest available audited accounts and is compiled by Oxford-based research and networking events company Fast Track.
Despite the economic downturn, CSG leapt into the league for the first time this year with an annual 56 per cent profits increase between 2005 and 2008. The company’s last profit posting was £3.3million.
The listing confirms CSG’s reputation as one of the waste industry’s fastest-growing companies following significant year-on-year sales growth and a successful acquisition programme which has seen the company take over other long-established major players in the sector, including the print waste specialist J & G Environmental.
The company, which celebrated its 75th anniversary last year, operates in a wide variety of waste sectors ranging from hazardous industrial waste processing at its award-winning facility at Cadishead near Manchester to the servicing of off-mains domestic drainage systems in which it is the UK market leader.