Profits at a Warrington-headquartered procurement services provider, which was bought for £88m last year, have soared, with sales also passing the £20m mark.

Founded in 2002, IESA provides value-added services across procurement/sourcing, transaction processing, inventory and stores management. Its services are designed to allow clients to improve their efficiency through the MyMRO platform.

The company is based at Birchwood Science Park.

For the year to 30 March 2018, IESA Ltd reported turnover of £20.9m compared to £17.6m the prior period.

Pre-tax profits were also up from £2.69m to £4.1m.

Writing in a strategic report accompanying the results, the company said it had been “another successful year” with the focus having been on new clients and the improved performance of existing clients.

The key element of the strong results was the number of new wins generated at ten. The turnover boost was also attributed to the rollout of new wins in the previous period.

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