iRed has released its results for the financial year 2018-2019, returning a record breaking turnover of £1m.
As part of its growth, the firm outlined how since becoming a DJI enterprise dealer in 2017, it saw revenues increase by 300% in 2018.
Based in Emsworth, Hampshire, the company now employs 18 members of staff and has been praised by its local MP Alan Mak for creating highly skilled local jobs.
Ray Faulkner, managing director of iRed, commented: “Our strengths have been in embracing new technologies and applying them to a wide range of commercial sectors. This has enabled us to consistently increase our turnover year-on-year.”
He continued: “We’ve invested heavily in research and development over the last few years, which is now helping us to achieve our financial targets. This is aided by our reliability and consistency in service across all divisions.”
Last week, CDP reported on iRed’s expansion with two new members of staff following diversification into new areas of tech.
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