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Home BUSINESS Galway construction company Glenman faces High Court action over alleged debt

Galway construction company Glenman faces High Court action over alleged debt

The Galway based Glenman corporation could face a High Court case over an alleged debt of more than €160,000 to a subcontractor in Dublin, Dunnes Brothers Ltd.

The Glenman corporation is a construction company owned by brothers Albert and Conneally, with its headquarters on the Tuam road in Galway city.

It mainly does work for the state bodies like the HSE and Irish Rail, as well as taking housing contracts from local councils.

According to the Irish Times, Dunnes Brother Ltd claim that Glenman owes them €162,283 for work they did on Clonskeagh Hospital for the HSE, DIT, and three national schools, including one in Ashbourne, Co. Meath, and Ballyfin, Co. Laois.

Dunnes Brothers have served Glenman with a notice that the full amount is due withing 21 days or or they will apply to the High Court to have a liquidator appointed to the company.

“Take note that a liquidator, if appointed, will investigate the affairs of the company and will form the view whether any breaches of the Companies Acts occurred,” the notice says.

Glenman has been facing another controversy lately with its contract for the Confucius Centre at UCD which has run to nearly double its initial budget.

UCD originally set aside €7.4 million for the construction, but latest projections made last November say that the final price tag for the building will be closer to €12.2 million.

Accounts for Glenman up to June 2016 show that its assets total €12.3 million, of which €11.94 is money that it is owed by various debtors; It also has liabilities of €7.3 million, including €4 million owed to suppliers and subcontractors.

Briain Kelly
Email: news@galwaydaily.com
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