The two joint owners of a Co Galway-based security and facilities company that has secured State contracts to support accommodation for International Protection (IP) applicants and Ukrainians have shared dividends totalling €10.97 million over a two-year period, reports Breaking News.
Both from Ballinasloe in Co Galway, Alan Connolly and Conor Nolan each hold a 50% stake in Allpro Security Services Ireland Ltd through their Be Rite Group Ltd, reports Breaking News.
New financial statements reveal that Allpro Security Services Ireland Ltd issued a dividend of €5.29 million to Be Rite Group Ltd last year, following a €5.68 million payout in 2024, bringing the total to €10.97 million across the two years.
The dividend distribution for the 12 months ending March 2025 came as Allpro Security Services Ireland continued to generate strong earnings from its State contract work, reports Breaking News.
The firm posted pre-tax profits of €10.5 million for the year to March 2025, representing a 14% decrease from the €12.28 million recorded in the previous year.
This drop in profits followed an 11% decline in revenues, which fell from €44.3 million to €39.57 million over the same period, reports Breaking News.
After accounting for a corporation tax charge of €1.35 million, the company reported post-tax profits of €9.15 million.
The directors stated that the company’s main business involves providing security, cleaning and facilities management services, reports Breaking News.
The company continued its growth in 2025, with employee numbers rising by 233, increasing from 897 to 1,130.
The annual profits also included non-cash depreciation costs of €132,071 and lease-related expenses of €1.4 million, reports Breaking News.
Regarding future plans, the directors said that “the company has made a significant investment since the year end which the directors believe will yield significant future turnover and, hence, increase profits going forward”.
Recent data from the Department of Justice shows that All-Pro Services Ltd received €10.65 million, including VAT at 23%, for State contracts related to security and facilities management during just the final three months of 2025, reports Breaking News.
A spokesperson for the Department of Justice, Home Affairs and Migration confirmed that Allpro Security Services Ireland Ltd “is contracted to provide accommodation services at three State-owned sites accommodating people seeking international protection”.
He said: “These are Crook Sling, Columb Barracks and Kilbride Army camp. It also provides accommodation services at one commercial accommodation centre in Dundrum, Co. Dublin”, reports Breaking News.
He added: “At IPAS accommodation Centres, the Department contracts with a provider for accommodation services at the property.
He said that the provider “is contractually obliged to ensure all activities at the property are within agreed standards and legal limits, including provision of services and supplies that are essential to the operation of the centre. Services like catering, security, food, cleaning or utilities are not generally procured or purchased directly by the Department”, reports Breaking News.
He added that security at accommodation centres for people seeking international protection is a very important part of those contracts with the centre’s accommodation service provider.
“The Department places a very high priority on this contractual requirement, as it relates directly to the security and safety of the centre, the residents and staff, and this is measured and monitored as part of our oversight of the centre and the provider during the lifetime of the contract”, reports Breaking News.
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