Profit & Loss

Profit & Loss: Niall Horan’s cash pile, Limerick Racing’s drop, and Kingston’s billions

Revealing who is up and who is down as we go inside the world of private Irish businesses

Niall Horan’s company, Neon Haze Music, had $1.3 million (€1.1 million) in cash in the bank at the end of March Picture: Getty Images

Niall Horan’s company, Neon Haze Music, had $1.3 million (€1.1 million) in cash in the bank at the end of March, newly published accounts show.

Along with $108,917 (€99,500) owed by debtors, that gave it $1.5 million in current assets (€1.37 million). The accounts show that the company had accumulated profits of $697,464 (€636,000).

The company owed its creditors $802,341, which was mostly made up of wages and salaries, the cost of which was ...