The Managing Director of the Mount Errigal Hotel in Letterkenny says there is no question whatsoever about the future of the facility.
In its 2009 accounts which have been lodged in the Companies Office, the value of the company’s assetshas been written down from €16.9m to €12.8m, with a note inserted saying that uncertainty over access to bank loans and the impact of the current economic situation “casts significant doubt upon the company’s ability to continue as a going concern”.
However, Terry Mc Eniff says this is merely complying with a requirement of the Companies Act. he says the Mount Errigal is trading profitably, and the future looks very good…….
Podcast: Play in new window | Download
