Gateshead based environmental services firm expands via six-figure investment

A six-figure investment from the North East Growth Capital Fund Loan Fund Supported by The European Regional Development Fund is set to help a North East drainage specialist quadruple its turnover in the next four years by extending the use of its bespoke pipe-cleaning technology.

Green Spark Utility Services provides a range of solutions to clients’ environment challenges, preventing pollution issues arising on their sites and helping to ensure compliance with their environmental and regulatory responsibilities.

The Team Valley based business has developed its own patented Typhoon pipe-cleaning technology, and after working with regional fund management firm NEL Fund Managers to bring in the £250k investment, it is now looking to apply it more widely with more and bigger clients.

Around 15 new jobs are expected to be created as the business grows, with its initial ambition being to double its turnover through the next two years before doing the same again over the following two.

It is also aiming to bring in a greater proportion of new contracts from outside the region, as well as building its work with local authorities across the UK, and is looking at options for breaking into the US market in the medium term.

Bought by the present management team at the end of 2019, Green Spark already works with a range of well-known businesses, including Northumbrian Water, Esh Construction and the Drax Power Station in North Yorkshire.

Chris Harrison, director at Green Spark Utility Services, commented: “Businesses managing heavy industrial operations, such as petro-chemical plants, construction sites and factories, need to stay well ahead of their environment and regulatory responsibilities.

“The technology we’ve developed and services we offer allow us to quickly resolve environmental and drainage problems on such sites and put strategies in place for ensuring that they don’t arise in the first place.

“We set ourselves apart by the outstanding levels of service we provide, our absolute commitment to safety standards and the practical knowledge of our expert team, and we’ve seen the business performing strongly over the last three years as a result.

“Bringing in these extra resources will allow us to target the larger commercial opportunities we know are out there and we’re confident that the ambitious growth targets we’ve set ourselves are very much in reach.”

By Matthew Neville – Senior Correspondent, Bdaily

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