From a single bag of books we now re-home and recycle over 30,000 tonnes of used books a year.
We buy the majority of the books on our website from charity shops, all other stock is bought through Ziffit or from other third parties. Ziffit is our online sales site, providing an easy way for consumers to trade in their old books, games, DVDs and CDs.
We process them and sell them on via our own website and other platforms, or recycle them. This is supported by our software platform which streamlines our processes. We also provide software to charities to help them maximise their direct sales of books through e-commerce, allowing them to easily scan and list books on multiple sales platforms.
We are growing fast in the UK and internationally. Our vision is to be the leading seller of used books globally, while helping people to reuse and recycle for less through innovation and technology.
We have 220,000 sq ft of warehouses in Goring-by-Sea, Chichester and, our new state-of-the-art warehouse in Coventry in full operation.
This space means we have 3.2 million items in stock and reuse or recycle 70 million books each year.
About our owners, Bridges Ventures
In November 2016 Bridges Fund Management (“Bridges”), bought a majority stake in World of Books Group. Bridges is a specialist fund manager focused exclusively on sustainable and impact-investing. Bridges’ expertise lies in finding investable solutions to pressing social and environmental challenges and they invest their capital where they think they can make the biggest difference; which is why they invested in us. They recognised that our pioneering technology-driven circular economy model is not only incredibly impactful, in terms of reducing waste and carbon emissions, but also in directly benefitting charities and enabling more people to read for less. Our owners are here to help us grow, while continuing to maximise our social and environmental impact.
We chose Bridges as an investor because we felt they shared our values, understood our sector and our vision of what World of Books can achieve in the future. We hope to draw on the experience of the Bridges team to keep building the business and maximising growth – but also to help us develop the way we think and talk about our existing and future impact as a business.—Stephen Boobyer, CEO of World of Books