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.