The Claims People group ended the first half in loss, but made an improvement on its performance in the same period last year.
Its pre-tax loss of ₤100,000 this year compared to a loss of ₤499,000 last year.
The company's balance sheet for the six months to the end of June showed a large increase in debt.
The amount owed to creditors within a year increased to ₤468,000 compared to ₤192,000 last time.
This year's operating loss of ₤101,000 compares to one of ₤520,000 last year.
A capital raising last month brought in ₤324,000 - to be used for working capital and building the business.