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Restaurant

Odessa Club and Restaurant Posts Significant Loss

By Publications Checkout

Odessa Club and Restaurant, located in Dublin's city centre, recorded a net loss of €483,940 in the 12 months to the end of September 2015.

The Irish Times reports that at that date, the company’s liabilities exceeded its assets by €90,287, according to the company's accounts, adding that Odessa sought court protection from its creditors in February 2015 and went into examinership with debts of more than €1 million.

Odessa Club and Restaurant was taken out of examinership in June 2015 following new investment.

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The company employed 27 staff in the 12 months to the end of September 2015, with employment costs totalling €1.27 million for the 12 months to that date.

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