Accident assistance group Accidentcare has managed to outstrip the forecasted profits the company made when it floated on the Ofex stock market in September 1999.

Pre-tax profit in the group's second quarter results stood at £79,069, compared to a forecast of £77,337.

Turnover, at £659,121, was also 15% above the predicted level of £574,452.

Accidentcare has now raised its member base to 85,000 – a 42% rise on the beginning of the year.

Chairman Roy Kent, said the company was recruiting senior executives to underpin its growth strategy for the immediate future.

He said: “This will not only help to make Accidentcare a household name in its marketplace, but also to maintain our level of service.”

The company is planning to launch a range of new products for its members over the coming months.