Ardmore Studios’ profits rose to €1.75m before sale to Olcott

Ardmore Studios’ profits rose to €1.75m   before sale to Olcott
David Rawle lifting Chris O’Dowd in the series Moone Boy, made at Ardmore Studios

Ardmore Studios saw its accumulated profits rise from €1.5 million to €1.75 million in 2017, the year before it was bought by Joe Devine’s Olcott Entertainment.

The company’s assets rose in value from €2.6 million to €3.1 million, most of which was made up of the rising cash on its balance sheets, which stood at nearly €2.7 million at the end of December 2017. The company had 11 employees and a wage bill of €517,797.

A related company, Ardmore Studios International, saw...

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