Profits at clamping and parking services group Tazbell jumps 73%

The parent of the clamping company contracted to enforce parking rules in Dublin city almost doubled its pretax profits to €1.7 million 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 €17.15 million – which equates to average weekly revenues of €329,845. 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.

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Profits up at family-owned Garvey retail and hotel groupBusiness focused on southwest saw profits rose by 55% to €8m via IrishTimesBiz Of course they have as they rip us all off
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Tiffany’s Irish unit sparkles as profits jumpTiffany’s Irish unit sparkles as profits jump via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Newbridge Silverware group returned to profit in 2021The group behind Newbridge Silverware last year returned to profit to record pre-tax profits of €1.04 million.
Source: RTEbusiness - 🏆 16. / 61 Read more »

Rehab Group urged to pay redundancy to Limerick workersThirty-eight workers lost their jobs at Rehab Enterprises in Limerick in 2021 when it closed its logistics centre. The Labour Court recommended that the monies owed should be paid by the Rehab Group
Source: rtenews - 🏆 1. / 99 Read more »

Lobby group says house prices will continue to rise despite overvaluation warningsBanking & Payments Federation says structural issues will keep demand for property high
Source: businessposthq - 🏆 8. / 71 Read more »

Mica: Expert group warns more funding needed to better regulate concrete productsNew audit published by the government, which has been delayed by months, says government needs to spend more on overseeing quarries Eithnein Didn’t the govt get rid of building materials inspectors?
Source: businessposthq - 🏆 8. / 71 Read more »