Losses mount at Kathryn Thomas’ father’s firm

Losses mounted at the construction and engineering group headed up by TV presenter, Kathryn Thomas’ father last year.

New figures show that the Co Carlow-based Thomas Thompson Holdings Ltd’s losses increased by €3.19m in the 12 months to the end of May last.

According to a note attached to the accounts, the loss came about from exceptional costs of €3.8m arising from writing down property assets of €2.47m and writing off loans valued at €823,807 to subsidiary and connected companies.