Tony Quinn Health Centres Limited posted a loss of €186,576 in the year ended September 2010 compared to a loss of €75,000 in the previous year, accounts filed at the Companies Registration Office show.

The company founded by yoga and oil entrepreneur Tony Quinn has reported a deficit of €187,279 at year-end. The average number employed by the firm during the year was 38, compared to 46 the previous year. Employment costs stood at just over €1.2 million, compared to €1.5 million in the previous 12 months. Directors’ remuneration came to €38,800, compared to €4,000 the previous year. The company had a subordinated loan of €980,000 from parent company Baringo Trading Limited.

Describing its results, the company says “in common with all companies operating in Ireland in the sector” it “faces strong competition”. Tony Quinn is not listed as a director.