Sunday 19 November 2017

Bannon improves his practice's profit

The most recent series of architect Dermot Bannon’s ‘Room to Improve’ on RTE had a 43pc audience share. Photo: Colin O'Riordan
The most recent series of architect Dermot Bannon’s ‘Room to Improve’ on RTE had a 43pc audience share. Photo: Colin O'Riordan

Gordon Deegan

The architectural firm owned by the country's best known architect, TV's Dermot Bannon, returned to profit last year.

New accounts show that Dermot Bannon Architects Ltd recorded a profit of €26,274. This followed the firm recording a loss of €27,231 in 2015.

Bannon's 'Room to Improve' show is one of the top rated shows on RTE and last year featured in the top 20 watched shows with a peak of 679,100, or 44pc share of the audience.

The most recent series of 'Room to Improve' screened earlier this year was the most successful to date and had a series average audience of 656,000 and a 43pc share.

The highest-rated episode was aired on February 26 last this year and had a viewership of 703,000, a 47pc audience share.

Mr Bannon's practice, based in Clontarf in Dublin, employs eight staff. The new accounts show that staff costs last year rose from €301,778 to €329,114. The pay to directors increased from €62,086 to €74,325.

The company's cash pile fell from €150,706 to €42,593.

The profit last year resulted in the company's accumulated loss of €6,433 becoming an accumulated profit of €19,941.

The company was founded in 2008 by Mr Bannon and Ian Hurley "on the belief", according to the firm, "that good design responds to its surrounding environment and resonates with the soul of a site in order to enhance the daily lives of its inhabitants".

Irish Independent

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