Discounter Frozen Value has more than doubled its profits to £3.3m for the year ending 31 January 2012.

Pre-tax profits at the retailer, which trades as Jack Fulton, were up 138% with sales up 12% from £50.5m to £56.7m.

“We have improved the width of the offer and invested heavily in the estate,” said MD Kevin Gunter. “There’s more stock, less creditors and more assets. It doesn’r matter where you look, it is impressive.”