Wakefield-based BPI, a leading asset disposal specialist, has been shortlisted in the prestigious Yorkshire Post Business Awards for the Small Business of the Year (up to 50 employees) category.
With a team of 47 employees, BPI has facilitated the sale of over £20 million worth of assets back into the circular economy over the past year through its online marketplace.
BPI consists of BPI Asset Disposal Solutions, BPI Auctions and BPI Asset Advisory.
BPI Asset Disposal Solutions specialises in fast, hassle-free, end-to-end commercial asset disposal, helping businesses maximise the value of their surplus machinery and equipment. The entire process can be completed in a matter of weeks.
BPI Auctions is now the nation’s #1 online marketplace for industry. Over the past five years, the company has averaged over 1,000 auctions annually. It provides customers with access to affordable, reliable repurposed machinery and equipment, which can be bid on through its timed auction platform, BPI Auctions.
BPI Asset Advisory provides a modern and innovative approach to the valuation and disposal of machinery and business assets. Adhering to RICS standards, the team delivers accurate valuations and disposal advice to insolvency practitioners (IP), lenders and private clients across the UK.
Being shortlisted for this award marks a significant milestone for BPI as it continues to expand its operations and influence in the industry. The company’s recent achievements include the acquisition of Michael Steel & Co in July 2024 and a significant £1.5 million investment from Finance Yorkshire in 2023.
Henry Spencer, Operations Director at BPI, said: “We are delighted to be shortlisted as a finalist in the Small Business of the Year category in the Yorkshire Post Business Awards. This recognition is a testament to the dedication of our team and our ability to consistently deliver exceptional value to our customers.”
Henry added: “We have a strong business model that is based on circular economy principles – disposing of unwanted assets for customers improves their environmental sustainability by giving equipment a second lease of life. As more businesses understand these benefits and become aware that it also generates them much needed cashflow, we are confident that more will choose to use our services.”
Since 2010, BPI have been delivering intelligent disposal solutions tailored to customers specific requirements. Ranging from private clients, SMEs and hire companies to finance houses, insolvency practitioners and lenders, BPI customers benefit from an end-to-end managed service and industry-leading selling platform, which speed up the disposal process, maximise the value of assets and providing an auditable process.
The Yorkshire Post Business Awards celebrate the best in business, recognising innovation, growth and excellence across a diverse range of industries.
BPI currently holds ISO 9001:2015 accreditation, the globally recognised standard for quality management. This important standard ensures BPI provides customers with a compliant and fair buying and selling processes.
BPI joins a number of leading businesses in reaching the finals of the Yorkshire Post Business Awards with the winners to be announced at the awards ceremony on 21st November at Headingley Stadium in Leeds.
For more information on BPI, visit: www.bpiauctions.com
