Technology firm targets £100m turnover by 2030

An award-winning North East technology business has set its sights on £100m turnover after a year of revenue and profit growth.

- BY GRAEME WHITFIELD

Gateshead firm Aspire Technology Solutions has released accounts for the year ending February 28 in which revenues rose from £39.6m a year earlier to £50.9m. Over the same period, operating profit almost doubled to just under £7m.

The company, which provides managed IT, cyber security and other services, received a Royal Warrant in May in recognition of its services to the royal household.

And having hit the £50m revenue target two years ahead of schedule, it has now set its sights on reaching revenues of £100m by 2030.