CollectPlus announces £14.3 million revenue growth

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CollectPlus has achieved a revenue growth of £14.3 million for the first six months of 2013, following a 23 per cent increase in brands using its services since 31 March this year.

The company now works with more than 260 retail brands, including new clients Estee Lauder, Fat Face, Urban Outfitters, and Ted Baker.

It said the increase now sees it handle 5.7 million parcel transactions a year.

“This continuing strong growth has helped the business move into profitability for the first time since we were formed,” said chief executive officer of CollectPlus, Neil Ashworth.

“We are now handling in excess of 250,000 parcels a week.”

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