New accounts filed by the company that operates Dublin Michelin star restaurant Chapter One, Lindley Ltd, have revealed that the firm had an accumulated loss of €69,724 at the end of February, 2020.
At the end of February of 2019, Lindley Ltd had an accumulated profit of €67,705. The company's €137,429 negative swing was mainly attributed to a 55% increase in directors' pay, as reported by The Irish Independent.
Meanwhile, Lindley Ltd's cash pile increased by €269,000 to €1.28 million during the year that ended on February 29, 2020.
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© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.