O’Connell firm increases cash pile to €850k

The cash pile at the firm owned by Ireland and Munster rugby player Paul O’Connell increased last year by 19% to €850,211.

The disclosure was made in accounts lodged by Mr O’Connell’s Nellcon Ltd with the Companies Office.

Cash in hand increased from €713,399 to €850,211 in the 12 months to the end of Apr 2011.