Sanderson on the up

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SOFTWARE group Sanderson has seen profits rise, debts fall and its customer base grow this year, according to its annual report.

The firm, which has a Sheffield office, has seen retained profit rise to £1.9m, compared to £272,000 at the end of September last year.

And debt has fallen from £13m to £6.7m. Meanwhile the firm won 26 new customers this year.

Executive chairman Chris Winn said prospects were good but he was “a bit nervous” about the future of high street retailers being squeezed by the internet.

Sanderson makes retail and manufacturing software.