Accounts just filed by the company behind Dublin's Fitzwilliam Hotel, Ampleforth, have revealed that the firm's turnover decreased by 8% last year to €15.2 million.
Meanwhile, the company's profit after tax decreased by almost €700,000 to just over €3 million, and, at the end of 2019, Ampleforth had tangible assets amounting to €82.2 million, the majority of which was accounted for by The Fitzwilliam Hotel.
Ampleforth also had retained earnings of €36.3 million at the end of last year and total shareholder funds of €72.1 million.
The accounts relate to The Fitzwilliam Hotel and Dublin venues Glovers Alley and The Bailey, as reported by The Irish Independent.
Refinancing Of Senior Debt
Additionally, the accounts note that Ampleforth "has also refinanced its senior debt with AIB for a further period of five years, thereby ensuring that adequate liquidity is available to deal with any COVID-19 related issues."
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