Companies Registration Office

Week of 2026-W12

Irish Corporate Affairs Weekly | Business Post

Irish Corporate Affairs Weekly

CRO Company Formations, Financial Filings & Director Networks — Week of 17–23 March 2026

Source: CRO | Period: 2026-03-17 to 2026-03-23

Weekly | 17–23 March 2026

3,097 Financial Filings, a Nursing Home Roll-Up Doubling in Size, and Kilkenny's Oscar Studio Navigates a Leaner Year

The week of 17–23 March 2026 was defined not by new company formations — the CRO's company register shows no new incorporations indexed in this period — but by a wave of financial disclosures that reveal the real state of Irish enterprise. 3,097 financial statements landed at the CRO, including 19 consolidated group accounts that open a window into some of Ireland's most interesting private businesses. The standout story: a Kildare nursing home group that doubled its revenue to €12.5m through two acquisitions, while a Kilkenny animation studio beloved by global audiences quietly absorbed a 32% headcount reduction. Meanwhile, 247 new business names were registered across the country — a cross-section of Ireland's micro-enterprise economy from Donegal beauty salons to Dublin tech consultancies.

3,097

Financial Reports Filed

Consolidated Group Accounts

247

New Business Names

227

Property Transactions

High Court Judgments

By the Numbers

Metric	Value	Signal
Financial reports filed (week)	3,097	Active filing period
Consolidated group accounts	19	Group-level disclosure
Riada Care revenue growth (YoY)	+95%	Acquisition-driven
World Travel Centre revenue	€164.6m	+8% YoY
Cartoon Saloon headcount change	−46	Down from 145 to 99
Morris Oil — returned to profit	€185k	After prior year loss
Property avg. price (week)	€415,730	Median €327k
New business names registered	247	Micro-enterprise activity

Business Post AI Pick: The Quiet Consolidation in Irish Elder Care The CRO filings this week reveal a pattern that rarely makes headlines: family-owned nursing home groups are quietly building scale through acquisition. Riada Care Limited, controlled by Garry Gavigan and Norma Gavigan, acquired two nursing homes in 2024, nearly tripling its asset base to €14.2m and doubling revenue to €12.5m. A post-balance-sheet note confirms a fourth acquisition is already underway. This is not a one-off — it is a deliberate roll-up strategy in a sector where Fair Deal funding provides revenue visibility and HIQA regulation creates barriers to entry. Watch for further acquisitions and a possible BDO-audited group refinancing in 2025 accounts.

Pattern of the Week: Kilkenny as Ireland's Creative and Industrial Heartland Three of the most notable financial filers this week are headquartered in Co. Kilkenny: The Cartoon Saloon (animation, Kilkenny city), Morris Oil Company (fuel distribution, Fiddown), and the National Security Academy of Ireland (education, Castlecomer). The county's economic diversity — from Oscar-nominated animation to rural oil distribution — is a reminder that Ireland's corporate story is not written exclusively in Dublin 2.

The week's filing landscape was dominated by the consolidated accounts of Ireland's private mid-market — companies too large to hide behind abridged filings, too private to face public scrutiny. The 19 group accounts filed between 17 and 23 March 2026 span sectors from elder care to travel to animation, and together they tell a story of an Irish economy in transition: some businesses absorbing the costs of growth, others managing the aftermath of a leaner trading environment. The absence of new company formations in the CRO index this week means the story is entirely in the financials.

Financial Performance: Top Filers This Week

Company	Revenue	Profit/(Loss)	Total Assets	Staff	Auditor
World Travel Centre Holdings FY2025	€164.6m	€458k	€45.2m	—	Grant Thornton
Morris Oil Company FY2025	€40.7m	€186k	€7.7m	23	IFAC Audit Services
The Cartoon Saloon FY2024	€10.7m	€809k	€12.4m	99	Grennan Accountants
Riada Care Limited FY2024	€12.5m	€2.07m	€14.2m	187	BDO
Archview Lodge Nursing Home FY2024	—	—	—	—	BDO (via Riada)
Atlas Partners Orchard FY2025	—	—	—	—	—
Euroglazing Limited FY2025	—	—	—	—	—

Standout: World Travel Centre Holdings — EBITDA Up 43% on UK Government Win World Travel Centre Holdings Limited, led by Group MD Aidan Coghlan, reported EBITDA of €2.96m for FY2025 — up 43% from €2.07m in FY2024 — on revenue of €164.6m. The driver: Selective Travel Management was appointed one of three preferred suppliers to the UK Crown Commercial Service for national and international government travel. The group also purchased a new Belfast headquarters at 14–18 Great Victoria Street, BT2 7BA, signalling a long-term commitment to the UK market. New “Growth Shares” and “Dividend Shares” were issued to directors and key management in 2025 — a retention mechanism that suggests the group is preparing for a potential exit or further expansion. The question for 2026 accounts: can the UK government contract be renewed and expanded?

Stress Signal: Cartoon Saloon Absorbs 32% Headcount Cut as Revenue Falls 8.5% The Cartoon Saloon Limited reported revenue of €10.7m for FY2024, down from €11.7m in 2023 — an 8.5% decline. More striking: headcount fell from 145 to 99, a reduction of 46 people (32%). Staff costs dropped from €7.7m to €6.7m. The studio, which holds 13 subsidiaries including film-specific SPVs for Wolfwalkers, The Breadwinner, and My Father’s Dragon, remains profitable at €809k, but the trajectory is downward. The studio received €94k in state grants from the Creative Ireland Programme and Animation Ireland. Directors’ remuneration jumped from €270k to €549k — a 103% increase in a year when staff numbers fell sharply. The 2025 accounts will be the real test: has the studio secured new production commissions to rebuild headcount?

Business Name Registrations: Sector Breakdown

The 247 business names registered this week span Ireland's micro-enterprise economy. The top sectors by registration volume reflect both structural trends and seasonal patterns.

Beauty & Hairdressing (9602)

Computer Programming (6201)

Restaurants & Food Service (5610)

Construction & Building (4120)

Child Day-Care (8891)

Cleaning Activities (8121/8129)

Electrical Installation (4321)

Retail via Internet (4791)

Accounting & Tax (6920)

Bakery & Pastry (1071)

Notable registrations include M&G Ireland Living Property Limited Partnership (NACE 6820 — management of holding companies, Fitzwilliam Court Dublin 2), signalling institutional property fund activity; National Security Academy of Ireland (Castlecomer, Co. Kilkenny, education sector); and AAB (accounting/tax, Sandyford — the Irish arm of the UK-headquartered AAB Group). Four childcare registrations in a single week — Tots Creche, Joyful Zone Daycare, Coisceim Afterschool, and Oak Tree OT — suggest continued demand for regulated childcare capacity.

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The CRO's financial filings are a lagging indicator — they tell you what happened 12 to 18 months ago. The real story emerges when you cross-reference those filings with what's happening in the courts, the property market, and the news cycle right now. This week, three cross-domain connections stand out: a family nursing home group whose acquisition strategy mirrors a broader consolidation wave in Irish elder care; a Kilkenny animation studio whose financial trajectory intersects with a global streaming industry in retrenchment; and a whiskey distillery whose CRO receivership record connects to a Business Post-reported sale that reveals the gap between asset value and enterprise value in Irish food and drink.

Healthcare: The Fair Deal Roll-Up — Family Groups Building Scale in Plain Sight Riada Care Limited, controlled by Garry Gavigan and Norma Gavigan, filed two sets of consolidated accounts this week — both covering FY2024, both audited by BDO Limerick. The group now operates three nursing homes: Glenashling (Celbridge, Co. Kildare), Archview Lodge (Letterkenny, Co. Donegal), and Hillcrest Nursing Home (Letterkenny). Revenue doubled to €12.5m, profit jumped 110% to €2.07m, and headcount more than doubled from 82 to 187. The group paid €652,000 in rent to Garry and Norma Gavigan personally — a related-party lease arrangement that is common in family-owned care groups but worth noting. A post-balance-sheet note confirms a fourth premises has been acquired. The Gavigan family's strategy is textbook Fair Deal arbitrage: acquire HIQA-registered homes in regional markets where competition is lower, fund acquisitions through a mix of bank debt (PTSB, €2.26m) and deferred consideration (€3.2m), and use the predictable revenue stream from state-funded residents to service the debt. Watch for a fifth acquisition and a possible refinancing in 2025 accounts.

Creative Industries: Animation's Structural Squeeze — Streaming Retrenchment Hits Kilkenny The Cartoon Saloon Limited's FY2024 accounts reveal the downstream impact of the global streaming industry's pivot away from animation commissioning. Revenue fell 8.5% to €10.7m, headcount dropped 32% from 145 to 99, and the studio's cash position fell from €3.2m to €1.9m. The studio's related-party transactions tell the story: services provided to production DACs (Minotaur, Tito, Larimar, Pamika, Skobeloff) totalled €4.4m in 2024, down from €9.6m in 2023 — a 54% collapse in production pipeline revenue. Directors Tomm Moore, Nora Twomey, and Paul Young — all Oscar-nominated — saw their combined remuneration rise from €270k to €549k even as 46 staff were let go. The studio holds €1.76m in unlisted investments (up from €235k), suggesting it is diversifying its asset base. The question for 2025: has the studio secured new commissions from Apple TV+, Netflix, or the BBC to rebuild its production pipeline?

  Whiskey: The €6m Sale That Reveals a €140m Valuation Gap
  The Business Post reported this week that Waterford Whisky distillery sold to Tennessee Distilling for €6 million after entering receivership in 2024. The CRO context: Waterford Whisky Distillery Limited is an Irish-registered entity whose receivership would be recorded in the CRO. The sale price of €6m is striking against a spirit stock valuation of €140m — a 97% discount that reflects the illiquidity of aged whiskey inventory and the cost of carrying €70m in HSBC debt. The consolidation trend in Irish whiskey is accelerating: large international distillers are acquiring Irish assets at distressed prices, acquiring the brand, the stock, and the production capacity without paying for the equity story. The lesson for Irish food and drink founders: asset-rich, cash-poor businesses are vulnerable to receivership-driven sales that destroy equity value. Watch for further consolidation in the Irish whiskey sector as smaller distilleries face similar balance sheet pressures.

Travel: Growth Shares Signal an Exit Horizon at World Travel Centre World Travel Centre Holdings Limited issued two new share classes in FY2025: “B” Ordinary Growth Shares (14,500 shares at €1 each) and “C” Ordinary Dividend Shares (163,127 shares at 1 cent each). Growth Shares participate in capital growth above a “Hurdle Value” on a sale or liquidation — a classic management incentive structure used when a business is preparing for a trade sale or private equity transaction. Finance Director Donna Ward received B Ordinary Growth Shares; other directors received C Ordinary Dividend Shares. The group is debt-free, holds €12.9m in cash, and has just secured a UK government travel contract. The structural question: is the Growth Share Scheme 2025 the first step towards a sale of the €164.6m revenue group? Watch for a formal sale process or PE investment announcement in 2026.

The Radar: Three Signals Worth Watching

Four Childcare Registrations in One Week — Capacity Crunch Driving New Entrants Tots Creche (Kilcullen, Kildare), Joyful Zone Daycare (Lucan, Dublin), Coisceim Afterschool (Bunclody, Wexford), and Oak Tree OT (Lucan, Dublin) all registered as business names this week. Four childcare registrations in a single week — spanning Kildare, Dublin, and Wexford — suggests that the government's National Childcare Scheme subsidy is continuing to stimulate new market entrants. The geographic spread (commuter belt towns, not city centres) points to demand in areas where housing development has outpaced childcare infrastructure. Watch for Tusla registration applications from these entities in the coming months, and for further registrations as the NCS subsidy rate increases in 2026.

Institutional Property Funds Registering as Business Names — M&G's Irish Living Strategy M&G Ireland Living Property Limited Partnership registered as a business name this week at Fitzwilliam Court, Leeson Close, Dublin 2 — the address of M&G Real Estate's Irish operations. The NACE code (6820 — management of holding companies) and the “Living” designation suggest this is a vehicle for M&G's Irish residential property strategy, consistent with the UK asset manager's stated ambition to grow its European living sector portfolio. The registration of a limited partnership as a business name is unusual and may indicate a new fund structure. Watch for planning applications or property acquisitions linked to this entity in the coming weeks.

Fuel Distributors Under Pressure — Morris Oil's Thin Margins Signal a Sector in Transition Morris Oil Company Limited (Fiddown, Co. Kilkenny) reported a net profit of €185k on €40.7m revenue for FY2025 — a net margin of 0.45%. The prior year was a loss of €143k. The company's directors note that “turnover has fallen from previous year due to a decrease in oil prices” and that “margin has increased due mainly to non-recurrence of the difficult winter period in 2023/2024.” The Business Post reported this week that the government agreed fuel excise cuts in response to energy price spikes from the Iran conflict — a development that will directly affect Morris Oil's trading environment. Watch for the FY2026 accounts to reveal whether the excise cuts and oil price volatility have compressed or expanded margins for regional distributors.

Two companies this week warrant a full deep dive: the Gavigan family's nursing home roll-up, which has transformed from a single Kildare care home into a three-site group with a fourth acquisition already completed post-balance-sheet; and the Cartoon Saloon, whose FY2024 accounts reveal the human cost of the global streaming industry's retrenchment on one of Ireland's most celebrated creative enterprises.

Riada Care Limited — The Anatomy of a Fair Deal Roll-Up

Riada Care Limited (CRO: 649549) is a private limited company registered at Glenashling Nursing Home, Oldtown, Celbridge, Co. Kildare. Founded in May 2019 by Garry Gavigan and Norma Gavigan, the company operates residential care centres (HIQA-regulated nursing homes) under the government's Fair Deal Scheme, which provides state-funded nursing home care for eligible residents. The group now controls three homes: Glenashling (Celbridge), Archview Lodge (Letterkenny, Donegal), and Hillcrest Nursing Home (Letterkenny, Donegal). A fourth premises was acquired after the balance sheet date.

Metric	FY2024	FY2023	Change
Revenue	€12.54m	€6.44m	+95%
Gross Profit	€12.05m	€6.17m	+95%
Operating Profit	€2.58m	€1.16m	+122%
Net Profit	€2.07m	€982k	+110%
Total Assets	€14.21m	€3.55m	+300%
Net Assets	€4.81m	€2.75m	+75%
Headcount	187	82	+128%
Staff Costs	€5.79m	€3.20m	+81%

  Reading Between the Lines: The Related-Party Architecture
  The Riada Care accounts reveal a layered ownership structure that is common in family-run care groups but worth understanding. Garry Gavigan has advanced €1.74m to the group as a director's current account — an unsecured, interest-free loan that functions as working capital. The group pays €652,000 per year in rent to Garry and Norma Gavigan personally, under a long-term lease commitment totalling €13.7m over the remaining term. The acquisition of the two Letterkenny homes was funded through a €2.26m PTSB bank loan (secured on Hillcrest property) and €3.2m in deferred consideration — meaning the sellers of the acquired homes are still owed money. This is a capital-efficient acquisition model: the Gavigans are building a group without requiring large equity injections, using the Fair Deal revenue stream to service both the bank debt and the deferred consideration. The risk: if Fair Deal policy changes or HIQA compliance costs rise, the group's thin cash position (€937k at year-end) could be squeezed. The 2025 accounts will show whether the fourth acquisition has been integrated successfully.

The question for 2025 accounts: with a fourth home now acquired and Luke Gavigan (appointed director June 2025) joining the board, is the group preparing for a fifth acquisition — or consolidating ahead of a potential sale to a larger operator?

The Cartoon Saloon Limited — Ireland's Oscar Studio Navigates a Leaner Year

The Cartoon Saloon Limited (CRO: 318348) is a Kilkenny-based animation studio founded in January 2000 by Paul Young, Tomm Moore, and Nora Twomey. The studio has produced six feature films — The Secret of Kells, Song of the Sea, The Breadwinner, Wolfwalkers, My Father's Dragon, and Puffin Rock — earning multiple Oscar nominations and international critical acclaim. It operates through a group of 13 subsidiary companies, including film-specific SPVs and co-production entities in Northern Ireland.

Metric	FY2024	FY2023	Change
Revenue	€10.74m	€11.73m	−8.5%
Gross Profit	€9.93m	€10.93m	−9.1%
Operating Profit	€1.20m	€1.16m	+3.4%
Net Profit	€809k	€1.13m	−28.4%
Total Assets	€12.45m	€15.31m	−18.7%
Cash at Bank	€1.90m	€3.20m	−40.6%
Headcount	99	145	−31.7%
Directors' Remuneration	€549k	€270k	+103%

Why It Matters: The Production Pipeline Collapse The most revealing number in the Cartoon Saloon accounts is not the headline revenue figure — it's the related-party transaction data. Services provided to the studio's production DACs (the special purpose vehicles that hold individual film and TV projects) fell from €9.6m in 2023 to €4.4m in 2024 — a 54% collapse. This means the studio's internal production pipeline — the commissions from streaming platforms and broadcasters that flow through these DACs — more than halved in a single year. The studio's cash position fell from €3.2m to €1.9m, and bank borrowings (AIB) were reduced from €4.4m to €1.0m — suggesting the studio used operating cash flow to pay down debt rather than invest in new production. The €1.76m in unlisted investments (up from €235k) may represent strategic stakes in co-production partners or early-stage animation ventures. The studio received €94k in state grants — a modest figure relative to its scale. The 2025 accounts will be the real test: has the studio secured new commissions from Apple TV+, Netflix, or the BBC to rebuild its production pipeline, or is the headcount reduction a structural adjustment to a permanently smaller business?

The question for 2025 accounts: with cash down 40% and the production pipeline at half its 2023 level, has the studio secured the commissions needed to justify rehiring — or is the Cartoon Saloon entering a period of managed contraction?

Key People This Period

Name	Role	Notable Activity	Connections
Garry Gavigan	Director & Secretary, Riada Care	Led two nursing home acquisitions in 2024; advanced €1.74m to group; receives €652k annual rent from group	Riada Care, Archview Lodge, Hillcrest
Norma Gavigan	Director, Riada Care	50% co-owner; receives rent from group; co-signed FY2024 accounts	Riada Care
Luke Gavigan	Director, Riada Care (from June 2025)	Next generation joining the board; signals succession planning in progress	Riada Care
Paul Young	Director & Secretary, Cartoon Saloon	Co-founder; signed FY2024 accounts; remuneration up 103% to €549k (combined directors)	Cartoon Saloon, 13 subsidiaries
Tomm Moore	Director, Cartoon Saloon	Oscar-nominated director (Song of the Sea, Wolfwalkers); 810 shares; co-founder since 2000	Cartoon Saloon
Nora Twomey	Director, Cartoon Saloon	Oscar-nominated director (The Breadwinner); 810 shares; co-founder since 2003	Cartoon Saloon
Aidan Coghlan	Group MD & Secretary, World Travel Centre Holdings	Led EBITDA growth of 43% to €2.96m; signed accounts Dec 2025; holds 27,400 A Ordinary shares	World Travel Centre Holdings
Donna Ward	Group Finance Director, World Travel Centre Holdings	Received 10,875 B Ordinary Growth Shares in 2025 scheme — the only director to receive Growth Shares	World Travel Centre Holdings

One to Watch: Riada Care Limited

Riada Care Limited

CRO: 649549 | Glenashling Nursing Home, Oldtown, Celbridge, Co. Kildare | NACE: 8710 (Residential nursing care) | Auditor: BDO Limerick

Metric	FY2024	FY2023
Revenue	€12.54m	€6.44m
Net Profit	€2.07m	€982k
Total Assets	€14.21m	€3.55m
Cash	€937k	€512k
Employees	187	82
Net Margin	16.5%	15.3%

What they do: Riada Care operates HIQA-registered residential nursing homes under Ireland's Fair Deal Scheme, which provides state-funded care for eligible elderly residents. The group currently operates three homes in Kildare and Donegal, with a fourth acquired post-balance-sheet.

Why it matters: Riada Care is the archetype of a new wave of family-owned nursing home groups that are quietly consolidating Ireland's fragmented elder care market. The Fair Deal Scheme provides revenue predictability that makes these businesses attractive to acquirers — and the Gavigan family's model of funding acquisitions through deferred consideration and related-party loans is capital-efficient but leverage-dependent. With Ireland's over-65 population projected to double by 2051, the demand side is structural. The supply side — HIQA-registered beds — is constrained. The Gavigans are building in the right sector at the right time.

The number that matters: €652,000 — the annual rent paid to Garry and Norma Gavigan personally. This related-party lease, committed for over 20 years (€13.7m total), is the financial architecture that underpins the group's growth strategy. It is also the number that any future acquirer will scrutinise most carefully.

The Irish Courts

The High Court delivered 16 judgments in the week of 17–23 March 2026, with the most commercially significant cluster centred on the Rippling v Deel corporate espionage saga — three related judgments in a single week from Mr Justice Sanfey. The case, which involves allegations of conspiracy and defamation between two Irish-registered HR technology companies, is the most significant corporate litigation in the Irish courts this year. Also notable: a seven-year-old competition case between ER Travel Limited and Dublin Airport Authority finally moved closer to trial, and the Coolmore Stud bloodstock dispute produced a judgment from Mr Justice Charleton.

Citation	Parties	Subject	Why It Matters
[2026] IEHC 179	Rippling Ireland v O'Brien & Deel Inc [No. 2]	Corporate espionage / defamation	Court struck out para 30 but allowed conspiracy claims to proceed; 3 related judgments this week
[2026] IEHC 172	ER Travel Limited v DAA PLC	Competition law / airport access	7-year case against Dublin Airport Authority; court refused adjournment, trial proceeds on existing expert reports
[2026] IEHC 167	Grant Thornton v Scanlan	Accountancy firm litigation	Notable: Grant Thornton is auditor of World Travel Centre Holdings — a cross-domain connection
[2026] IEHC 161	Linley Investments (Coolmore) v Riley	Bloodstock / equine assets	Coolmore Stud / Castlehyde dispute; Coolagown Bloodstock Limited also named; Charleton J.
[2026] IEHC 164	Connaughton v Start Mortgages DAC	Mortgage / property	Designated Activity Company (DAC) mortgage enforcement; relevant to property market context

  The Rippling v Deel Trilogy: Ireland as the Venue for Global Tech Disputes
  Three judgments in a single week from the same case — People Centre Inc (d/b/a Rippling) and Rippling Ireland Limited v Keith O'Brien, Alexandre Bouaziz, Deel Inc, and others — is unusual even by the standards of complex commercial litigation. The case, which alleges that a Deel employee was planted inside Rippling to steal trade secrets, is being litigated in the Irish High Court because both Rippling Ireland Limited and the alleged conduct occurred in Ireland. The court this week struck out one defamatory paragraph but allowed the conspiracy claims to proceed. The case is a reminder that Ireland's status as the European headquarters for major US tech companies means the Irish courts are increasingly the venue for global corporate disputes. Watch for the full trial date to be set in the coming months.

Property Markets & Plans

The Irish residential property market recorded 227 transactions in the week of 17–23 March 2026, with an average price of €415,730 and a median of €327,000 — a gap of €88,730 that reflects the continued influence of high-value Dublin transactions on the national average. The week's top transaction was a €2.75m sale at 48 Nutley Avenue, Dublin 4, followed by a €1.78m sale at Londolozi, Torquay Road, Foxrock. The maximum recorded transaction was €12.66m, suggesting at least one significant commercial or multi-unit transaction in the dataset. The registration of M&G Ireland Living Property Limited Partnership as a business name this week — at Fitzwilliam Court, Dublin 2 — signals that institutional capital continues to target the Irish residential market.

Address	Price	Date	Note
48 Nutley Ave, Dublin 4	€2,750,000	19 Mar 2026	Premium D4 residential; eircode D04N5Y4
Londolozi, Torquay Rd, Foxrock D18	€1,780,000	19 Mar 2026	Named property, Foxrock premium market
9 Maxwell Square, Rathmines, D6	€955,000	20 Mar 2026	Sub-€1m D6 residential
20 Cherrymount Park, Circular Rd N, D7	€875,000	20 Mar 2026	Dublin 7 premium residential
37 Lower Churchtown Rd, Churchtown, D14	€998,000	19 Mar 2026	Near-€1m Churchtown sale

The Week Ahead

The week of 17–23 March 2026 will be remembered as a financial disclosure week rather than a formation week — and the disclosures were revealing. The single most important takeaway: Ireland's private mid-market is bifurcating. On one side, businesses with structural tailwinds — elder care (Fair Deal funding), corporate travel (UK government contracts), fuel distribution (excise policy) — are growing or recovering. On the other, businesses exposed to discretionary commissioning — animation, creative industries — are contracting as global platforms retrench. The Cartoon Saloon's 32% headcount reduction is not an isolated event; it is a data point in a global trend that will show up in more Irish creative sector accounts over the next 12 months. The Gavigan family's nursing home roll-up, by contrast, is a model for how patient capital and structural demand can compound quietly into a significant business.

  The Bottom Line
  Ireland's corporate story this week was written not in new company registrations but in the financial accounts of businesses that have been quietly building — or quietly contracting — for years. The CRO's filing system is a time machine: the accounts filed this week describe 2024 and 2025, but they predict 2026 and 2027. The Gavigan family will file again in 12 months; so will the Cartoon Saloon. The question is whether the trajectories will have reversed.

What to watch in the coming weeks: (1) Whether the Rippling v Deel case proceeds to a full trial date in the Irish High Court — this will be the most significant corporate litigation in Ireland in 2026. (2) Whether M&G Ireland Living Property Limited Partnership files planning applications or acquires property — the business name registration is the first public signal of a new institutional fund vehicle. (3) Whether the Cartoon Saloon files its FY2025 accounts ahead of the September 2026 deadline — the 2025 figures will reveal whether the studio has stabilised or continued to contract.

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