Iprism doubles profits as turnover increases in 2012

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Operating profit grew from £2.12m in 2011 to £3.85m last year, while turnover also increased, from £7.79m to £10.37m.

The provider also reduced its net debt to £9.69m, compared with £13.54m in 2011.

The company said in the document that it had taken advantage of its improved trading and financial position by negotiating a medium term loan facility of £8m from the Royal Bank of Scotland.

Iprism's directors’ report stated: “The results for the year show a continuing improvement in level of

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