Software specialist APD poised for future growth as profits soar
By Hull Daily Mail | Posted: 28 Dec 2018
Profits and turnover at a Hull company which specialises in software to support emergency services across the country have soared.
APD Communications, which now has its life-saving software used by almost 70 per cent of UK police forces, saw turnover rise to £9.3m in the year ending September 30, 2018 – up from £8.6m.
The software specialist also saw its operating profits increase by a third, and said it was “confident of further growth” in coming years.
Mike Isherwood, managing director at APD, said in recent accounts: “We have now completed the first of our three-year balanced business plan, and the implementation of our UK and international strategies have begun to provide tangible results.
“In the UK, we have continued to perform by delivering projects for a number of new UK police force contracts, which have further solidified our UK market dominance.
“We have continued to win new UK police contracts through the Kent and Essex police single supplier framework…"
APD Communications scooped the Medium Business of the Year Award at the 2018 Hull Daily Mail Business Awards in November.
As well as working with police forces across the UK, APD has also supplied its technology to the London Underground and Gatwick Airport.
Outside of the UK, it has secured contracts with hospitals and police forces in Sweden, and helps keep the world’s busiest international passenger airport – in Dubai – moving.
“In our international markets, our channel partner in the UAE secured a contract which was delivered within the financial year,” Mr Isherwood said.
“We also won a significant deal through a new channel partner in the Middle East for delivery next financial year.
“Sweden has continued to provide steady revenue for us, and we are finalising negotiations with a major European partner in a neighbouring country…"
APD said its “focus on winning new business” and “long-term customer retention” had created a healthy order book, and it was confident of growth in the coming years.
During the year up to September, the software company also saw its staff base rise to almost 100, as it continues to recruit talent from across the city.