Turnover up but profits fall at Transasctor in 2014

ray-vincent-transactor-ipad

Executive chairman Ray Vincent keen to invest for future profits and grow staff numbers.

Transactor Global Solutions has reported a 23% increase in turnover to £7.07m for the year ended 31 March 2014.

However the software specialist reported falls in both operating and post-tax profit.

A document filed at Companies House revealed that operating profit dropped 17% to £315,861 while post-tax profits more than halved to £199,628 (2013: £414,664).

The technology experts also have other companies such as Transactor London Market and i-Wonder Aggregator Services within the wider group

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