Car clamper's profits increase

Accounts filed by clamping company Apcoa Parking Ireland show an increase in profit last year

Accounts filed by clamping company Apcoa Parking Ireland show an increase in profit last year. The company had a pretax profit of €254,812 last year up from €231,355 in 2010.

Profit after taxation was €219,391 for the year ending December 31st. This compares to a profit of €212,511 the previous year.

Employee numbers at the company also increased, rising from 103 in 2010 to 115 last year, while staff costs increased from €3.42 million in 2010 to €3.47 million last year.

The company is looking to get into the areas of cash collection and transport services the directors said in their annual report.

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The company was set up in Ireland in 1998. It has its head office in Lucan village in Dublin, with other offices in Cork, Galway, Sligo, Newbridge, Greystones and in the greater Dublin area.

It handles on-street parking enforcement for South Dublin, Fingal County, Dún Laoghaire-Rathdown and Wicklow County Councils, though it does not implement clamping in these areas.