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!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team