Iprism scythes away debts despite drooping profits
Iprism Underwriting Agency has revealed a sharply improved debt position in accounts filed with Companies House, in spite of falling post-tax profits.
Debts were almost halved, dropping from £9.69m to £4.85m.
While operating profits increased to £5.52m from £3.85m, post tax profits tumbled to £3.78m, down from £5.79m last year.
The underwriting
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