Profits at clamping and parking services group Tazbell jump 73%

The parent of the clamping company contracted to enforce parking rules in Dublin city almost doubled its pretax profits to €1.7m last year. Photograph: Alan BetsonThe parent of the clamping company contracted to enforce parking rules in Dublin city almost doubled its pretax profits to €1.7 million last year. New accounts for Tazbell Services Group DAC show that profits jumped 73 per cent in 2021 even though revenues increased only marginally from €17.04 million to €17.

The group owns Dublin Street Parking Services which operates the clamping contract for Dublin City Council. DSPS has operated the clamping contract since 2004, and in a normal year,DSPS tickets, clamps, relocates and stores in the region of 60,000 vehicles in the capital. Quarterly purchase orders published by Dublin City Council show that it paid DSPS €6.55 million in 2021.

Tazbell Services Group is the largest provider of outsourced parking enforcement services in Ireland through locally-based and branded services, and it also manages 50,000 on-street parking spaces for local authorities in Ireland.

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