Monday May 25, 2020

Building contractors DBO to pursue missing assets

• Directors write off value of plant machinery and ‘unauthorised transactions’, and begin legal action

23rd April, 2017

The directors of Kildare-based DBO Environmental Solutions have raised concerns about “alleged unauthorised transactions” during its financial year to the end of 2016, which had contributed to the company having negative reserves of €1.6 million.

Accounts for the contracting business, based in Toughers Business Park in Co Kildare, note that its directors have decided to write off the value of these assets but intend to pursue their recovery in full.

A note to the...

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

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 3 weeks ago

What’s coming up today and what you might have missed

Hannah O’Brien | 5 months ago