Jelf Group has reported a 93% increase in profit before tax, for the trading year ending 30th September 2005.

The profit, which is over £1m, is a record for the company.

Jelf also announced a 36% growth in turnover and 62% increase in EBITDA (Earnings before interest, taxation, depreciation and amortisation) in its preliminary results for 2004/05.

Christopher Jelf, the Group's chairman, said: “As our results show, 2005 has been great for the Jelf Group. In a year that has seen the insurance industry face tremendous pressure, our market position has strengthened.

"I am particularly pleased that we have continued to develop a group-wide culture of referring clients internally when new services are required – an approach which has underpinned our growth and contributed to healthy cash flows.

“Looking ahead I see 2006 developing into another year of significant progress.”

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