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Polar Moment Group reports a year of strong growth and expansion

— 7th October 2010, Fleet, UK

Polar Moment Group today announced excellent financial results for the year ending 31st March 2010.

The Group has achieved a 62% increase in revenue and a 35% increase in earnings, fuelled by repeat business from existing customers and new business wins across its SkillSet and Polar Moment brands. The Group’s turnover has grown to almost £4million in the last financial year.


Tim Stratton, Chief Executive of Polar Moment Group, commented: “It has been an exceptional year for us, as evidenced by our growth in our target markets and strong financial results. Our results are testament to the expertise of our staff and continuing commitment to providing high-quality services to our clients.
The group has had an excellent first quarter in the new financial year; we anticipate a similar level of organic growth as last year.


Building on our success, we recently announced the acquisition of Inex Business Process, which has now been rebranded as SkillSet Consulting. We will continue to seek acquisition opportunities to accelerate profitable growth.”


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About Polar Moment Group

Through its SkillSet, SkillSet Consulting and Polar Moment brands, Polar Moment Group works with clients across the world to improve business performance and maximise success.
SkillSet is a provider of learning services to multinational blue chip companies, SMEs and public sector organisations. Its clients include BP, Tesco, Lloyds Banking Group and a range of NHS Trusts. For more information please visit www.skillset.co.uk.
SkillSet Consulting is a specialist provider of business process improvement (BPI) consultancy and Business Process Management (BPM) technology. Please visit our website at www.skillsetconsulting.co.uk.
Polar Moment is a leading provider of business and technical consultancy to the payments industry. Clients include Wincor Nixdorf, Euronet, ReD, Point, PayPoint, Mi-Pay and S1. For more information please visit www.polarmoment,co.uk.

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