Clohessy company slips further into red

The company that operates the well-known Limerick entertainment venue co-owned by former Irish rugby star Peter Clohessy slipped further into the red last year, new figures show.

New filings with the Companies Office show that Clohessy’s Bar Limerick Ltd’s accumulated losses increased from €320,714 to €323,644 in the 12 months to end of Aug 31, 2011.

However, the losses have narrowed sharply compared with 2010 when the firm’s accumulated losses increased by €38,876 from €281,838 to €320,714.