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PROFITS HAVE ALMOST halved at a Dublin arcade firm owned by one of the country’s richest men.
Last year, filings showed that the company behind Dr Quirkey’s Good Time Emporium in Dublin registered a profit of almost €1.1 million.
New accounts just filed for Dublin Pool and Juke Box Ltd show it recorded a profit of €542,000 during the year that ended June 2017.
Profits have been steadily declining at the firm in recent years – the arcade made a profit of €1.3 million in 2015 and €1.7 million in 2014.
Even though profits plummeted at the company, accumulated profits reached €23.8 million.
During the financial period that these latest accounts cover, the firm was hit with a bill of just over €40,000 by Revenue for the under-declaration of PAYE/PRSI.
After a Revenue audit, Dublin Pool and Juke Box was ordered to pay €20,123 in tax, €10,089 in interest and €12,061 in penalties.
No direct mention of this audit are mentioned in the accounts. However, it is noted that shares in subsidiaries were incorrectly disclosed by the company and following a review, an investment was found to be under-valued by just over €17,000.
The arcade is owned by businessman Richard Quirke, with his wife Ann Quirke also a director at the firm.
The average number of staff employed increased marginally during the financial period from 50 to 52, with wages and salaries worth about €44,000 each.
Director remuneration to Richard and Ann Quirke remained at €213,000, while the former is still owed €805,000 as part of an interest free loan he issued to the firm previously.
Tipperary casino
Richard Quirke also has other business interests in property and nearly eight years ago announced a plan to expand his casino operations through the development of a large gambling complex in Tipperary.
The long-delayed project was first floated back in 2010 and it was estimated building would commence in 2011.
It was said the complex would cost €460 million to develop and would include a casino, a 500-bedroom hotel, all-weather racecourse and greyhound tracks and a landing pad for helicopters.
A note in the director’s report of the latest accounts stated the company is still looking into the project and has continued to buy land and properties in preparation for the development of the Tipperary casino and leisure complex.
Written by Killian Woods and posted on Fora.ie
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Know two with long covid. No joke, totally knocked both. Both lads one mid 30s other mid 50s.
Hope this young lady returns to 100%
@Tom Ripley: the ‘open everything’ crowd wont like to read this.
Sounds very like those who suffer with autoimmune diseases like lupus, MS, Crohn’s disease, UC, AIH, Rheumatoid arthritis, Psoriatic Arthritis, PSC, PBC and many others. The fatigue, the flares, lack of empathy from employers etc.
@Serge the llama: I have Psoriatic arthritis but luckily my medication I has worked wonders for me and I’m able to do most of the things I want to do. But you’re right, before I was diagnosed and could barely walk down the stairs, the lack of understanding was staggering.
@Serge the llama: many of those illnesses are starting to be linked to underlying #MCAS. Could count on 1 hand the Drs with MCAS or MC awareness.
Good article, well said Eilish, I hope you make a full recovery very soon and that your comments are heeded.
Most of us can appreciate nurses and the work they do. That said, is it reasonable to elevate them alone when about 3 times as many of their colleagues have the same issues and remain silent, I’m not questioning that some are seriously ill, so are many other people. I don’t believe anyone should be penalised for being ill and that there should maybe arrangements made for all healthcare workers who became ill as a nature of their work, not just nurses alone.
Maybe everyone could clap for them again?
@cryptodon: that was the UK not Ireland.
@Eamonn Martin: obvious Trolling
There is no question about it anyone who is in this situation should not have to worry about getting paid.they should be paid in full and not have sick pay reduced or taken into account later when they return to work
I’m a firefighter and have been out of work with long covid since December and can relate to all the issues in the article. Unfortunately for everyone in this 2 tier society if you don’t have private health insurance you can’t access post covid clinics. The HSE needs to step up now and help public patients get back to work. The whole scenario is extremely frustrating.
@Eamonn Martin: Hope you never get it so.
@Eamonn Martin: are u ready for the backlash sir :), enjoy
COVID-19 Hyperinflammation & Post-Covid-19 Illness may be linked to newly recognised Mast Cell Activation Syndrome.
See a paper here
@Thomas O’ Donnell: So do I Tommy. If I do, I hope I don’t die or suffer long effects. Doesn’t mean the world should be on hold because of that tiny risk though.
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have your say