Examiner appointed to postcard company
Published 08/10/2011 | 05:00
AN EXAMINER has been appointed to a well-known postcard company, famous throughout the world for its images of thatched cottages.
The High Court yesterday accepted evidence that the firm, John Hinde Ltd, had a reasonable prospect of survival, despite suffering severe difficulties due to the recession and other factors.
Mr Justice Peter Kelly was critical that the company had, in recent times, incurred debts of some €120,000 to the Revenue through not paying their employees' PRSI.
He said this practice was all too common and it was unacceptable.
The company, established in 1956 by English photographer John Hinde and his wife, and associated with images of Ireland featuring thatched cottages, ponies and red-haired children, made profits of up to 2007. However, it lost money in three of the past four years.
John Hinde Ltd is the Irish division of the Wicklow-based Hinde Group, which has operations in Britain and the US and focuses on personalised gifts and souvenirs. The international businesses are separate from John Hinde Ltd and are not affected by its problems.