HCSS Education, which provides software, training and consultancy services to the education sector, has posted a rise in revenues from £2.3m in 2013/14 to £3.4m in 2014/15.

The company predicts that turnover will rise further to £4.5m in 2015/16 and £7.2m in 2016/17.

Meanwhile, pre-tax profits are expected to jump by 139 per cent to £1.2m in 2015.

HCSS Education is also making a large investment in its workforce to support the continued growth, with positions open for various roles across the business including a commercial operations director, a test analyst, an account manager and a business development executive.

Having already appointed four new staff members in recent months, including a front-end developer and two apprentices, the business aims to grow its headcount from 64 to 100 by 2016.

Howard Jackson, chief executive at HCSS Education, said: "We're experiencing a period of substantial strategic growth and based on this year's figures we're predicting that 2015/16 will be a record-breaking year for us.

"Over the last few years, HCSS Education has transformed into a hugely successful business, delivering innovative products and services to the market and this is look set to continue, along with new client wins and a big recruitment drive.

"Our goal now is to invest in more offerings for the education sector to ensure that schools, academies and local authorities have the tools, support and guidance they need to ensure effective financial management."