Rype Office

Revision as of 16:01, 20 August 2022 by 95.149.241.133 (talk)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

SummaryEdit

Sustainable office furniture. Rype remanufactures high quality used office furniture to as-new condition. Thanks to their innovative, quality-controlled engineering processes, Rype's furniture competes directly against new but is lower cost, has ~80% lower carbon emissions and creates local jobs.

  • 200+ projects for customers including JLL, British Land and the NHS
  • 2020 sales were £1.4m, up 80% on 2019, and profitable
  • Office furniture UK market is £1.44b p.a. and $52b p.a. globally
  • We've estimated to have saved 1 million kgCO2e carbon emissions

IdeaEdit

30% of the greenhouse gases created by a commercial building over its lifetime are from furniture and every year in the UK around 75,000 tonnes of office furniture goes to landfill.

We care about the environment so we used our engineering skills (and Innovate UK funding) to develop remanufacturing solutions to return used office furniture to as-new condition, just like Caterpillar does for engines and Ricoh does for photocopiers.

We estimate our remanufacturing reduces carbon emissions & waste by 80% and we can do it at higher margins than new furniture while still providing lower prices to customers. On larger projects we employ local long term unemployed team members with disabilities or a homeless background.

Lower prices, 80% lower greenhouse gas emissions & waste, and local jobs for those furthest from the workforce: this proposition has seen us win over 200 projects and a range of accolades since we started trading in 2015, including being named in the Top 10 European B2B startups to watch in the circular economy.

2020 revenues were up 80% on 2019 & 2020 profit after tax was £150,000. Changing working patterns are boosting demand as organisations reconfigure their workplaces and provide furniture for staff home offices.

We're now fundraising to accelerate our growth in the £1.44B p.a. UK market & prepare for expansion into Europe as legislation enforces lower carbon solutions.

TeamEdit

Dr Greg Lavery is the MD and founder. An Engineer by training, Greg developed many of Rype’s remanufacturing processes. His background includes Bain, Booz Allen Hamilton, and Origin Energy, where he started a solar photovoltaic business which has now become one of Australia’s largest, having sold over 1 million solar panels.

Dean Grundy is our Manufacturing Manager. He holds an engineering degree and MSc in Engineering Management. With 20 years in precision engineering, Dean brings quality system development and continuous improvement to Rype’s remanufacturing activities. Dean established and manages our 14,000ft2 manufacturing and warehouse facility at High Wycombe.

Ioannis Spyridakis is Rype’s Head of Operations. Yanni is a supply chain expert, having studied the subject to Masters level and worked for shipping companies.

Kate McKee looks after Growth. She has a Bachelor of Commerce degree and has worked in a range of corporate and management roles, including with Grant Thornton, where she was a Regional Manager of the Growth Accelerator programme.

Runaldo Ferre is our Senior Designer. A fully qualified Architect, Runaldo has worked around the world and brings his experience and passion for sustainability to office projects.

We have 15 other full time staff who share a passion for profitable sustainable solutions.