H&C News wrote recently of the use of crowdfunding in the hospitality sector (see link below), and now learns that suppliers to the hospitality sector are also using this route. Delpis Eco has just announced its plans…
Since launching in 2007, Delphis Eco has established itself as a leading supplier of ecologically accredited cleaning products to the UK commercial sector.
Sustainability is now a global megatrend, which is impacting on everybody’s daily lives – including the commercial cleaning sector. With market experts predicting worldwide demand for cleaning chemicals in the commercial sector (I&I) to be $44billion by 2016, Delphis Eco is changing the landscape of commercial cleaning by delivering highly effective, government accredited ecological cleaning products.
Mark Jankovich, CEO Delphis Eco:
“The spend on commercial cleaning chemicals in the UK is circa £750 million (2011), growing on average 4.4% per annum estimated to reach around £971 million by 2017. Over the next 3 – 5 years, we believe sustainable cleaning products will make up a minimum of 10%, creating an annual spend of £97.1 million for eco cleaning products in the UK alone.
“Being sustainable has gone past the tipping point and is only going to get stronger. As market leaders in the supply of eco cleaning products, we want to accelerate our sales effort to take advantage of this new demand and maintain our leading position.”
Right place, right time
Mark continues “We are in the right place at the right time. Everybody needs to clean whether you are at home or at work. Old nasty cleaning chemicals are being banned all over the world and the companies that bring eco innovation will be the big winners. Our 3yr revenue target is £8.8 million, which will come purely from our existing customer base. It does not include any new customers, any industry move to eco products, or any international revenue. At £8.8 million this is less than 10% of the anticipated eco spend in 2017. We need growth capital to not only hit this number but capture much more market share.”
Manufacturing in the UK
Working with multiple leading distribution companies across the UK and reaching thousands of customers in the hotel & recreation, catering, education, healthcare and transport industry, Delphis Eco is the only company in its sector to exclusively manufacture its product range in the UK. They were the first UK company to achieve the EU Ecolabel accreditation for their cleaning products, which is widely believed to be the pre-eminent environmental standard globally and have the largest range available. Being honored with a Royal Warrant from the Prince of Wales in January has opened up international interest specifically the Middle East and Asia.
Mark Jankovich left a successful career in the city to follow his belief that the world has to become more sustainable: “I wanted to run a business that has a net positive impact, we believe that we all have a responsibility to save the environment and our product range is just one small way to make a big difference”.
Delphis Eco went live with Seedrs on 15 September 2014
For more information click here
For the H&C News article click here