Martin Shanahan’s Fishy Fishy firm in Kinsale adds to profits haul

TV celebrity chef Martin Shanahan landed a large haul of profits in 2014, as accumulated profits at his Kinsale Fishy Fishy restaurant jumped to over €1.22m.

New accounts for the restaurant business and Mr Shanahan’s Fishy Fishy shop in the gourmet Cork town show that accumulated profits increased last year by €117,927.

Mr Shanahan established Fishy Fishy about 10 years ago. It now has a capacity for 140 customers.

The award-winning restaurant is run by Martin and his wife Marie Shanahan.

They opened their original Kinsale Gourmet Store in 1990.

Accumulated profits at Mr Shanahan’s Kinsale Gourmet Store Ltd increased from €1.11m to €1.229m in 2014.

The cash pile, however, fell from €523,544 to €412,627.

The figures show that wage costs at the firm, including directors’ salaries, declined marginally from €916,843 to €914,779.

The staff costs are made up of €763,866 in pay and €150,913 in pension payments.

In 2009, Mr Shanahan embarked on his first venture into television, filming the first of a successful series of television programmes, Martin’s Mad About Fish.

He also has a number of cookery books — Irish Seafood Cookery and The Seafood Lover’s Cookbook, both written with Sally McKenna, and Martin’s Fishy Fishy Cookbook, which quickly became a best seller.

More recently, Mr Shanahan teamed up with chef Paul Flynn to feature in the series Surf n’Turf, which was aired on RTÉ.