Fossett’s Circus to break even after examinership

Fossett’s Circus is set to break even in 2015 after exiting examinership earlier in the year.

That is according to Fossett Brothers marketing manager, Charles O’Brien who said yesterday that the examinership process had been “humiliating, humbling and traumatic,” for the business, “but we are proud to have come out the other side of it and to be in a position to pass the business on. It is a heritage we don’t take lightly”.

Mr O’Brien was commenting on new accounts, filed by Fossett Brothers Circus Ltd, showing that the company booked a profit of €177,668 in the 18 months to the end of October last, chiefly arising from creditors taking a hefty write-down from the examinership of the firm.