IT asset disposal business anticipates another record year

South Yorkshire-based S2S Group has issued its latest financial results, reporting growth in both its revenue and workforce in 2024.

Headquartered in Rotherham, with additional sites in London and Glasgow, S2S Group is an IT asset disposition (ITAD) company which assists clients across the UK with secure and eco-friendly solutions for IT assets at the end of the lifecycle.

The group works with clients across a range of sectors including defence, finance, and education.

S2S Group has seen an increase in turnover of 8%, with revenue growing to £4.29m at year-end December 2024 from £3.83m in 2023.

Additionally, the group says it has secured new multi-million pound projects in the delivery and public sectors.

From 2024 to 2025, S2S Group says it expects a 20 per cent increase in turnover, through further expansions to its client roster.

The group aims to grow its market share in the defence sector, focusing on key target contracts to expand its portfolio of long-term clients.

Alongside hiring commercial director David Woodriff in 2024, the firm’s full-time employee headcount now totals 43.

Chris Hare, chief commercial officer, said: “Following such a strong year in 2024, and with our increased focus on electronic and remote data wiping services, I’m pleased to report our continued growth. S2S’ success is testament to our commitment to transparency, sustainability and security.

“The company is going from strength-to-strength, and we are continually investing in our services, staff and building a wider awareness on the security of data and how ITAD management companies operate.

“Through planned expansion, with a particular focus on the defence sector, we are well-positioned for another record year.”