Profits up at Transactor

Ray Vincent MD Transactor

The insurance software provider also highlighted that turnover increased by 29% to £6.7m for the trading year April 2011 to March 2012.

Commenting on the results, Ray Vincent, chief executive officer at TGSL, said: "Despite all this growth our borrowings as a business have remained incredibly low, which obviously contributes to our very healthy balance sheet.

"We will remain committed to the organic growth model, which I believe produces greater agility and certainty with regard to new product

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