It is indeed possible to start or restart a service manually using ipMonitor. What version of ipMonitor are you running?
If you're using ipMonitor 9, simply go to the Configuration Tab. You will see the Server / Workstation Control, once inside, you'll see the Actions drop down box. Select the Restart Windows Service. Three fields will appear, Server Name / Primary IP, Credential for Restarting Services, and Services. Once done, simply press the Restart button.
If you're using ipMonitor 8 or 8.5, the option for Server / Workstation Control is under the Tools menu option. Everything else will be the same.
Thanks Derek that worked a treat.