Losses at TD’s glass firm widen to €340,000

Losses at a glass firm owned by Galway West Independent TD Noel Grealish widened to €339,791 last year, new figures show.

Accounts just filed by GCC Galway Glass Centre Ltd with the Companies Registration Office show that accumulated losses increased by €136,957 from €202,834 to €339,791 in the 12 months to the end of March last year.

Mr Grealish has a 100% shareholding in the firm and the only other director is his brother, Michael. At the end of March last, the company had a shareholders’ deficit of €339,691.