Success of Integrated Debt Services, a brainchild of Con-Lib coalition, comes amid scrutiny of sector A company created to help the government chase unpaid fines, loans and council tax saw its profits rocket by 132% last year. Integrated Debt Services (IDS), which trades as Indesser and whose parent company is the credit information firm Equifax, saw its pre-tax profits rise to £18.1m in 2022, sharply up on 2021's figure of £7.8m. Revenues nearly doubled to £60m.
Profits soar at UK firm set up to help government chase unpaid debts
The Guardian - 17 Aug 2023 16:10
Success of Integrated Debt Services, a brainchild of Con-Lib coalition, comes amid scrutiny of sector A company created to help the government chase unpaid fines, loans and council tax saw its profits rocket by 132% last year. Integrated Debt Services (IDS), which trades as Indesser and whose parent company is the credit information firm Equifax, saw its pre-tax profits rise to £18.1m in 2022, sharply up on 2021's figure of £7.8m. Revenues nearly doubled to £60m.
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