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Coppers' €5.5m profit sees cash pile reach €46m

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Copper Face Jacks nightclub in Dublin

Copper Face Jacks nightclub in Dublin

Copper Face Jacks nightclub in Dublin

The millions continued to roll in last year for Ireland's best known night spot, Copper Face Jacks.

New accounts filed by the nightclub show that its proven winning formula delivered pre-tax profits of €5.5m last year or €15,219 every day or €106,533 every week.

The club - owned by former garda, Cathal Jackson and housed in the Jackson Court Hotel on Dublin's Harcourt Street - amassed a massive cash pile of €46.29m over the years as a result of its enduring popularity.

The new accounts lodged by the night-club's firm, Breanagh Catering Ltd show that the firm's cash increased by €3.32m to €46.29m at the end of January 31 last.

During the same period - boosted by Dublin's All-Ireland final football win in September 2013 - the firm's accumulated profits increased by €4.53m from €54.74m to €59.27m.

However, the operation of the night-club was the source of controversy earlier this year after a crush took place outside the club on a January Monday night as a result of a drinks promotion at the venue.

One girl, student teacher, Niamh Cannon (19) from Letterkenny, Co Donegal fell unconscious in the crushing incident before later recovering in hospital.

Ms Cannon was one of up to 1,500 students to queue for the club's "Messy Monday' promotion that was dropped by the club immediately after the incident.

Speaking at the time, Mr Jackson - who witnessed the crush - said: "I never want to see anything like that again".

He added: "The sheer volume of people arriving took us all by surprise…I pride myself on the safety of our customers and our record over 18 years stands."

Now, the new accounts states: "Seven people were injured in a crush outside the premises on January 28 last. Legal action has been taken against the company.

It adds: "However, at the time of signing the accounts, no figure was attainable for liability and therefore no provision has been made."

The figures show that Mr Jackson and Paula Jackson took a massive pay drop last year - but still paid themselves over €10,000 per week.

The pay to the two decreased by 39pc last year from €611,786 from €1m in 2012.

Numbers employed increased to 193.

hnews@herald.ie


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