Irish Firm in €55m loan writeoff

A firm that is part of Galway businessman Gerry Barrett’s Edwards Holdings group recorded profits of €49.29m in 2013.

Irish Firm in €55m loan writeoff
Thu, 12 Mar, 2015 - 00:00
Gordon Deegan

Figures lodged by Mr Barrett’s KH Kitty Hall Holdings Ltd show it recorded the profit after a writeoff of a €54.8m bank loan.

A note attached to the accounts states that the directors are working with Nama to agree a plan to trade out the assets until they can be

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CourtsGerry BarrettEdwards HoldingsProfitPlace: GalwayPlace: Galway’sPlace: Eyre SquarePlace: MayoPlace: Lough CorribPerson: Gerry BarrettPerson: BarrettOrganisation: Edwards Holdings groupOrganisation: KH Kitty Hall Holdings LtdOrganisation: NAMAOrganisation: Hotel MeyrickOrganisation: BarrettOrganisation: Ml Meyrick LtdOrganisation: MT Mono Trading LtdOrganisation: Ashford CastleOrganisation: Red Carnation HotelsOrganisation: KH Kitty Hall HoldingsOrganisation: KH Kitty HallOrganisation: Edward Holdings
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