Companies Registration Office
Week of 2026-W22
Irish Corporate Affairs Weekly
CRO Company Formations, Business Names & Financial Filings — Week of 25–31 May 2026
Source: CRO | Period: 2026-05-25 to 2026-05-31
Spirits Under Pressure, Planes Over Asia, and 0 Filings: Ireland's Corporate Register Tells a Story of Transition
The most significant corporate filings of the week reveal an Irish economy navigating global headwinds with characteristic resilience. Pernod Ricard's full-year accounts — filed through its Irish holding company Irish Distillers Group Unlimited Company — show global spirits revenue down 5.5% to €10.96bn, a decline that lands in the same week Diageo's Irish MD stepped down after less than 12 months. Meanwhile, Shannon's aviation leasing cluster quietly filed accounts showing US$246m in aircraft assets leased entirely to Asian carriers — a reminder that Ireland's role in global finance extends far beyond the IFSC. Across the register, 0 financial statements were received in April 2026 alone, with 0 new business names registered, spanning everything from Kerry health-tech startups to Galway holding companies.
By the Numbers
| Metric | Value | Signal |
|---|---|---|
| Pernod Ricard Net Sales FY2025 | €10.96bn | Down 5.5% YoY |
| Pernod Ricard Net Profit FY2025 | €1.67bn | Up 10.5% YoY |
| Einn Volant 1 — Revenue FY2025 | US$25.4m | Stable |
| Einn Volant 1 — Net Loss FY2025 | US$(1.8m) | Improved from US$(3.9m) |
| Arlo Technologies Ireland — Net Profit FY2024 | US$1.2m | Up from US$198k |
| Financial Reports Filed (April 2026) | 0 | Active filing season |
| Business Names Registered (April 2026) | 0 | Broad sectoral spread |
| Property Transactions (April 2026) | 2,661 | Median €324k |
The Investigation: What the Filings Reveal
The April 2026 filing season delivered 0 financial statements to the CRO — a volume that reflects the statutory deadline pressure on companies with December year-ends. The most revealing filings this period come not from new formations but from established entities whose accounts illuminate the structural forces reshaping Irish business: a global spirits giant managing a revenue contraction, a Shannon aviation cluster quietly channelling Canadian pension capital into Asian skies, and a wave of healthcare micro-enterprises registering across rural Ireland. The register, read carefully, is a barometer of where the economy is heading.
Most Notable Financial Filings — April 2026
| Company | Filing | Period | Key Signal |
|---|---|---|---|
| Irish Distillers Group Unlimited Company | Consolidated Accounts | FY2025 | Revenue €10.96bn, down 5.5% |
| Einn Volant Aircraft Leasing Ireland 1 Limited | Financial Statements | FY2025 | Loss narrowed to US$(1.8m) from US$(3.9m) |
| Arlo Technologies International Limited | Financial Statements | FY2024 | Profit US$1.2m, up 6x from US$198k |
| Greencore Northwood (Ireland) Limited | Consolidated Accounts | FY2025 | 14-chunk filing — major group accounts |
| Knegare Nursing Home Holdings Limited | Consolidated Accounts | FY2024 | Healthcare consolidation play |
| Seaquest Engineering Limited | Consolidated Accounts | FY2025 | Marine engineering group filing |
| Clicknurse Limited | Financial Statements | FY2025 | Healthcare tech — nursing platform |
| Golden Eagle Contractors Limited | Financial Statements | FY2025 | Construction sector active |
Sector Breakdown: Business Names Registered (April 2026)
The 0 business names registered in April 2026 reveal a clear sectoral pattern. Beauty and personal care leads, followed by technology and healthcare — a mix that reflects both the gig economy and the knowledge economy.
Financial Performance: Selected Companies
| Company | Revenue | Profit/(Loss) | Total Assets | Auditor |
|---|---|---|---|---|
| Irish Distillers Group | €10.96bn | €1.67bn | €37.08bn | Deloitte / PwC |
| Einn Volant Aircraft Leasing 1 | US$25.4m | US$(1.8m) | US$254.1m | Ernst & Young |
| Einn Volant Aircraft Leasing 2 | n/a | US$514k | n/a | Ernst & Young |
| Arlo Technologies International | n/a | US$1.2m | US$45.3m | Deloitte |
| Clicknurse Limited | n/a | n/a | n/a | n/a |
| Bethany Healthcare Services | n/a | n/a | n/a | n/a |
| Golden Eagle Contractors | n/a | n/a | n/a | n/a |
The Connections: What the Data Alone Cannot Tell You
The CRO register is a ledger of legal facts — names, numbers, dates. The story emerges when you cross-reference those facts against court records, property transactions, and the news cycle. This week, three themes connect the dots: a spirits sector in structural retreat, a Shannon aviation cluster that is quietly one of Ireland's most sophisticated financial structures, and a nationwide surge in healthcare micro-enterprise that the headline numbers don't capture.
The Radar: Three Signals Worth Watching
The Deep Dive: Two Companies Worth Knowing
Two companies from this period's filings reward closer examination: one is the Irish holding vehicle for a global spirits empire navigating its most challenging trading environment in a decade; the other is a Shannon-based aircraft lessor that quietly channels Canadian pension capital into Asian aviation. Together, they illustrate the two faces of Ireland's corporate register — the multinational administrative layer and the specialist financial infrastructure that makes Ireland a preferred jurisdiction for global capital.
Einn Volant Aircraft Leasing Ireland 1 Limited — Shannon's Invisible Giant
Einn Volant Aircraft Leasing Ireland 1 Limited (company number 615894) is registered at Aviation House, Shannon, Co. Clare — the same address as AerCap, the world's largest aircraft lessor. Incorporated in December 2017, it is a wholly owned subsidiary of Einn Volant Aircraft Leasing Holdings Ltd (Bermuda), which is in turn controlled by Caisse de dépôt et placement du Québec (CDPQ), the pension fund for Quebec's public sector workers. The company's sole business is leasing six aircraft to Asian carriers under operating leases. It has no employees — all management services are provided by the Bermuda parent under a management service agreement.
| Metric | FY2025 | FY2024 | Change |
|---|---|---|---|
| Revenue (Operating Lease Income) | US$25.4m | US$25.4m | Stable |
| Operating Profit | US$10.7m | US$10.7m | Stable |
| Interest Expense (Intra-group) | US$12.9m | US$15.3m | Down 15.7% |
| Net Loss | US$(1.8m) | US$(3.9m) | Improved 53% |
| Flight Equipment (Net Book Value) | US$246.9m | US$259.1m | Depreciating |
| Net Assets | US$89.5m | US$91.3m | Stable |
| Future Lease Rentals (Contracted) | US$102.7m | US$128.7m | Down 20% |
| Employees | 0 | 0 | None |
The question for 2026 accounts: with contracted lease rentals now at US$102.7m and declining, can Einn Volant 1 secure new lease agreements at rates sufficient to cover its US$12.9m annual interest burden to the Bermuda parent?
Irish Distillers Group Unlimited Company — The Pernod Ricard Paradox
Irish Distillers Group Unlimited Company (company number 5121) is the Irish holding vehicle through which Pernod Ricard SA files its full consolidated accounts with the CRO. Registered at Simmonscourt House, Ballsbridge, Dublin 4, it is one of Ireland's most consequential corporate entities — the legal home of Jameson, Midleton, Powers, and the entire Pernod Ricard group's Irish operations. The accounts filed in April 2026 cover the full Pernod Ricard group for the year ended 30 June 2025.
| Metric | FY2025 | FY2024 | Change |
|---|---|---|---|
| Net Sales | €10.96bn | €11.60bn | Down 5.5% |
| Gross Margin | €6.52bn | €6.98bn | Down 6.6% |
| Advertising & Promotion Spend | €1.68bn | €1.87bn | Down 10.3% |
| Profit from Recurring Operations | €2.95bn | €3.12bn | Down 5.3% |
| Net Profit | €1.67bn | €1.51bn | Up 10.5% |
| Effective Tax Rate | 26% | 33% | Improved |
| US Market Revenue | €2.03bn | €2.17bn | Down 6.5% |
| China Revenue | €886m | €1.12bn | Down 21% |
The question for FY2026 accounts: with advertising spend already cut by €193m, has Pernod Ricard found the floor on cost reduction, or is there a second round of cuts coming — and what does that mean for Irish Distillers' headcount in Midleton and Dublin?
Key People This Period
| Name | Role | Notable Activity | Connections |
|---|---|---|---|
| Colm Maguire | Director, Irish Distillers Group | Signed off Pernod Ricard FY2025 consolidated accounts showing €10.96bn revenue, down 5.5% | 29 active directorships across Irish Distillers Group, John Jameson and Son, Midleton Distilleries |
| Hélène de Tissot | Director, Irish Distillers Group; CFO, Pernod Ricard SA | Pernod Ricard Group CFO on Irish board; oversaw FY2025 cost reduction programme | Irish Distillers Group Unlimited Company |
| Sean Jackson | Director, Einn Volant Aircraft Leasing Ireland 1 | Signed off FY2025 accounts for Shannon aircraft lessor with US$246m fleet, 6 aircraft leased to Asia | Einn Volant Aircraft Leasing Ireland 1 Limited (Shannon, Co. Clare) |
| Jennifer Curtin | Director, Einn Volant Aircraft Leasing Ireland 1 | Co-director of Shannon aircraft leasing entities; EY-audited accounts filed April 2026 | Einn Volant Aircraft Leasing Ireland 1 Limited |
| Antoinette Switzer | Director, Arlo Technologies International | Cork-based director of US smart home tech subsidiary; profit up 6x to US$1.2m in FY2024 | Arlo Technologies International Limited (Cork) |
One to Watch: Einn Volant Aircraft Leasing Ireland 1 Limited
Einn Volant Aircraft Leasing Ireland 1 Limited
| Metric | Value |
|---|---|
| Revenue | US$25.4m |
| Net Loss | US$(1.8m) |
| Flight Equipment (NBV) | US$246.9m |
| Net Assets | US$89.5m |
| Employees | 0 |
| Aircraft in Fleet | 6 |
What they do: Einn Volant Aircraft Leasing Ireland 1 owns six commercial aircraft and leases them exclusively to Asian carriers under operating leases. It has no employees — all management is provided by its Bermuda parent, Einn Volant Aircraft Leasing Holdings Ltd, under a management service agreement. AerCap Administrative Services Limited acts as company secretary.
Why it matters: This company is a microcosm of Ireland's role in global institutional finance. Canada's second-largest pension fund (CDPQ, managing over CAD$400bn in assets) routes its Asian aviation exposure through Shannon, paying 12.5% Irish corporation tax on trading income. The structure is entirely legal and commercially rational — but it illustrates how Ireland's tax regime and aviation expertise combine to attract capital that has no organic connection to the Irish economy. The six aircraft never land in Ireland; the revenue never circulates in Irish communities. Yet the CRO filing creates a paper trail that is publicly accessible and, for the first time, analysed here.
The number that matters: US$102.7m — the contracted future lease rentals remaining as at 31 December 2025, down from US$128.7m a year earlier. This 20% decline in the contracted revenue pipeline is the single most important forward-looking indicator in the accounts. Watch for the 2026 filing to see whether new leases have been signed to replace those rolling off.
The Broader Picture: Courts, Property, and the Week Ahead
The Irish Courts
The most recent business-relevant High Court judgment available this period comes from March 2026, when Mr Justice Charleton refused a winding-up petition against a builders' supplies company despite a judgment debt of over €1m. The case is a useful reminder that Irish courts exercise genuine discretion in insolvency proceedings — a creditor's right to wind up a company is not automatic, and the interests of employees and ongoing business can outweigh the petitioner's claim. For business readers, the lesson is that a judgment debt does not automatically translate into a winding-up order.
| Citation | Parties | Subject | Why It Matters |
|---|---|---|---|
| [2026] IEHC 140 | Charles Kelly Limited v Companies Act 2014 | Winding-up petition refused | Court exercised discretion against winding up despite €1m judgment debt; 23 employees protected |
| [2025] IEHC 358 | Downtul Limited [In Liquidation] v Companies Act | Director restriction order | Directors found to have acted irresponsibly; inadequate accounting records; restriction imposed |
| Probate reform | Courts Service of Ireland | Digital probate overhaul | Processing time cut from 4 months to 10 days; expected to unlock housing supply |
Property Markets & Plans
The April 2026 property market recorded 2,661 transactions with an average price of €363,361 and a median of €324,190 — figures that confirm the Irish residential market remains firmly above the €300k median threshold that has persisted since 2023. The most notable transaction in the period was a €2.3m residential sale at Leeson Street Lower, Dublin 2, while the commercial market saw Bindery House on South Frederick Street change hands for €1.66m. The top-end Dublin market continues to transact at pace, with 28 properties selling above €1m in April alone.
| Address | Price | Date | Type |
|---|---|---|---|
| Flat 1, 75 Leeson Street Lower, Dublin 2 | €2,300,000 | 24 Apr 2026 | Residential |
| 58 Belmont Ave, Donnybrook, Dublin 4 | €1,800,000 | 14 Apr 2026 | Residential |
| Bindery House, 5-9 South Frederick Street, Dublin 2 | €1,658,355 | 20 Apr 2026 | Commercial |
| 2 Leinster Rd, Rathmines, Dublin 6 | €1,315,000 | 16 Apr 2026 | Residential |
| 9 Avoca Grove, Blackrock, Co. Dublin | €1,233,480 | 23 Apr 2026 | Residential (VAT excl.) |
The Week Ahead
The dominant theme of this period's CRO data is transition: a global spirits sector contracting, a Shannon aviation cluster whose lease book is shortening, and a nationwide wave of healthcare and tech micro-enterprise that signals where the next generation of Irish business is forming. The Pernod Ricard accounts are the most consequential filing of the period — not because of the revenue decline per se, but because of what the cost-cutting reveals about the company's confidence in its own recovery. A group that cuts advertising by €193m in a single year is not betting on a quick rebound. The 2026 accounts, due in April 2027, will be the real test.
What to Watch: (1) Pernod Ricard's FY2026 accounts — due April 2027 — will reveal whether the cost-cutting programme has stabilised revenue or whether a second round of cuts is coming. (2) Einn Volant's contracted lease rentals — currently US$102.7m and declining — will be the key indicator of whether CDPQ's Shannon investment is being renewed or wound down. (3) The healthcare micro-enterprise cluster — MediTap, The Neuro Centre, Beta Omics — will be worth tracking for company conversions and funding rounds over the next 12-18 months.