
N2S
N2S - The Art of WiFi.
Date | Investors | Amount | Round |
---|---|---|---|
€4.0m | Early VC | ||
Total Funding | 000k |
N2S, formally known as Network 2 Supplies Ltd, is a technology lifecycle management company operating in the IT and telecoms sectors. Founded in 2002 by Jack Gomarsall in Bury St. Edmunds, UK, the firm has established itself as a key player in the circular economy for electronics. The founder's son, Andrew Gomarsall, a former England Rugby World Cup winner, joined the family business and now serves as Executive Director, championing the company's mission to advance sustainable innovation in the tech industry. His transition from a professional sports career to a sustainability leader was influenced by early exposure to the business and a passion for environmental causes.
The company provides a comprehensive suite of services aimed at managing the entire lifecycle of IT assets for clients ranging from major banks and telecom companies to the NHS. Its business model is centered on maximizing the value of decommissioned hardware while ensuring data security and environmental compliance. Revenue is generated through these specialized services, which include secure data sanitization, IT refurbishment, and remarketing of used equipment. A core component of their operation is a zero-to-landfill pledge, ensuring that any equipment that cannot be reused is processed for material recovery. The firm's on-site services, such as technical audits and secure data destruction, are delivered by a team of security-cleared engineers.
N2S has distinguished itself through a commitment to circular economy principles. The company has pioneered a process for precious metal recovery from electronic waste, partnering with Coventry University to develop a proprietary bioleaching technology. This technique uses naturally occurring bacteria to extract valuable materials like gold, silver, copper, and palladium from printed circuit boards in an environmentally friendly manner, reducing the need for traditional mining. This positions N2S not just as a recycling and asset disposal firm, but as a critical contributor to a sustainable supply chain for new technology. The company provides detailed environmental reports to its clients, helping them track progress towards their own sustainability and net-zero targets.
Keywords: IT Asset Disposition, ITAD, circular economy, technology lifecycle management, e-waste recycling, data sanitization, electronics refurbishment, precious metal recovery, sustainable IT, IT recycling, data destruction, electronics remarketing, bioleaching, corporate IT disposal, secure asset disposal, enterprise IT recycling, network equipment recycling, telecom recycling, environmental reporting, WEEE compliance