Monday April 6, 2020

Kelleher firm has €140m debt

One of property developer Garrett Kelleher’s companies has reported a bank debt of almost €140 million last year.

13th September, 2008

One of property developer Garrett Kelleher’s companies has reported a bank debt of almost €140 million last year.

Clarinabbey’s accounts showed a sharp increase in activity last year, when the firm made a pre-tax profit of €7.1 million, up from just €122,000 the previous year.

At the end of March 2007, the company had retained profits of €9.1 million. However, the value of the company’s ‘‘stock and work in progress’’ fell...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago