Aspire Technology Solutions sees revenues close in on £40m mark

Gateshead tech firm Aspire Technology Solutions has seen revenues rise by almost a quarter to reach nearly £40m, new accounts show.

The firm, a former North East Company of the Year, has released accounts for the year ending February 29 in which its revenues reached £39.6m. Operating profit also rose significantly to come in at £3.5m while the firm’s headcount grew to 250.

Aspire’s growth was most driven by organic expansion, though the company made its first acquisition last year when it bought Cloud Cover IT Services. It has seen particularly strong growth in cyber security for a second successi