Global security pass specialist Intercede said sales have dropped 9 per cent partly due to delays in closing large new opportunities.
The business, based in Lutterworth, south Leicestershire, reported revenues of £9.9 million for the year to March 31, down from £11 million last year.
In annual results the business said: “A return to normalised trading has taken longer than previously expected against a backdrop of continued Covid-19 restrictions.” But it said the outlook for the year ahead looked positive.
