Losses rise at lifestyle company run by Danielle Ryan
The Roads companies specialise in fragrance, publishing and entertainment
Danielle Ryan is a granddaughter of the late Tony Ryan, a founder of Ryanair. Photograph: Alan Betson
Accumulated losses at a lifestyle company owned by entrepreneur Danielle Ryan increased last year. New accounts show that accumulated losses at Roads Luxury Group Ltd increased by €61,781 to €769,684.
The company is one of a number operating under the Roads umbrella – the Roads businesses were established in 2013 – and the accounts show Ms Ryan has ploughed €6.5 million into the company and its parent entity, Portico Capital Management Ltd, through loans.
Separate accounts for Roads Fragrance Ltd show that accumulated losses at that company last year increased by €38,920 to €1.841 million. Accumulated losses increased to just under €2.1 million at Portico Capital Management last year.
Ms Ryan trained to act at the prestigious Royal Academy of Dramatic Art and has based the Roads enterprise in Dublin.