Saturday 19 January 2019

€1m loss for Insomnia

DRAGON'S Den star Bobby Kerr's coffee shop chain recorded €1.1m losses in latest accounts filed.

The Insomnia group outlined in accounts for 2009 that it was hit by costs stemming from "inappropriate use of funds" that totalled more than €280,000.

The filings showed the company made a profit of €49,339 in 2009 before depreciation costs of €1.2m were taken into account.

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