Recruitment software provider Idibu has recorded an 80% increase in sales.

Idibu’s end of year balance sheet shows profits of £28,000, while a further £36,000 investment of share capital is available to support business growth and development.

Steve Walker, managing director, at Idibu, says: “We filed our accounts early to illustrate to the market how we have developed financially. Taking the business from a negative balance sheet in 2008 to profit in 2009 is a fantastic achievement in the current market.”