Revenue secures judgment for €70,000 against Galway restaurant company
The latest accounts for the company show that it had accumulated losses of €116,983 and owed €143,757 to creditors, including €102,641 that was owed to credit institutions and €39,147 that related to taxation
Revenue has secured a debt judgement for more than €70,000 against a company that operated a café and restaurant in Kilcolgan until its closure earlier this year.
The Collector General secured the judgment for €70,620 plus costs of €857.62 last Friday against Roots Cafe Kilcolgan Limited.
The latest accounts for the company show that it had accumulated losses of €116,983 and owed €143,757 to creditors, including €102,641 that was owed to credit institutions and €39,147 that related to taxation.
The firm is owned by Eric Furey, 51, who is also the sole shareholder in a number of other Roots Cafe companies – none of which is affected by or related to the debt judgment.
Earlier this year, it was announced that Roots outlets in Kilcolgan, Tuam and Loughrea would be closing in what was described as an “incredibly difficult decision”.
“This isn’t how we imagined this chapter would end,” the business said in a post on social media. “Like so many small businesses, we have felt the weight of rising costs, changing habits, and the challenges that have become part of everyday life.
“It’s heartbreaking and we’re deeply saddened for our team, our loyal customers, and the communities that welcomed us. But alongside that sadness is a huge sense of pride. We’re proud of what we created,” it added.
“This isn’t goodbye for Roots. Our cafes in Oranmore and Claregalway remain open, as does our coffee bar on Shop Street and catering business. We remain committed to serving our communities and we look forward to welcoming you through our doors.”
Revenue typically applies to a court for a judgement against a debtor when formal collection notices and routine compliance interventions have failed to resolve an outstanding tax liability.
Once the judgement is granted, Revenue usually registers it in the Central Office of the High Court, making the liability a matter of permanent public record.
Once an outstanding liability has been discharged, the subject of the debt judgement may apply to the High Court to have its status changed from “unsatisfied” to “satisfied”.