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More than a few Coppers: Dublin nightclub turns €5.6m profit

Breanagh Catering Ltd, the company behind Copper Face Jack’s, had a pretty decent 2011.

Copper Face Jack's and the Jackson Court Hotel, pictured during a slightly quieter daytime moment.
Copper Face Jack's and the Jackson Court Hotel, pictured during a slightly quieter daytime moment.
Image: Google Maps

THE COMPANY which operates popular Dublin nightspot Copper Face Jack’s has recorded another bumper year, turning an after-tax profit of over €5.6 million for the twelve months ending in January 2012.

Accounts recently filed with the Companies Office show that Breanagh Catering Ltd, the company behind the Harcourt Street nightclub, saw its after-tax profits jump by 5.4 per cent in a year that included a famous plug from Dublin captain Bryan Cullen during his speech after the capital’s win in the All-Ireland football final.

Gross profit – based on the nightclub’s bar business – was down slightly, to €7.18 million, but this was more than offset by growth in income from other areas including admission charges, cloakroom receipts and accommodation at the Jackson Court Hotel attached to the nightclub.

The most recent accounts do not, however, include a breakdown of this income – unlike in other years when individualised door, cloakroom and accommodation receipts were given.

In the year ending January 2011, door receipts made up about two-thirds of the company’s non-bar income of €4.45 million, with accommodation receipts accounting for €384,000 and cloakroom tickets €217,000.

The company’s corporation tax bill in the most recent accounts is largely unchanged, growing slightly from €1.035 million to €1.05 million.

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Though the company’s directors, former Garda Cathal Jackson and his wife Paula, will not take any dividend from the company’s profits, they will share in the nightclub’s success.

The accounts show that salaries for the couple grew to €566,460 for the twelve months ending in January, up from just under €504,000 in the previous twelve months.

The company’s cash balance at January 2012 stood at a healthy €38 million, up by €5.44 million from the previous year.

About the author:

Gavan Reilly

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