The Clayton Love Distribution frozen food business booked pretax profits of €763,000 in 2004, the year in which the businessman and horse trainer John Mulhern sold the company to the Antrim-based food group SHS.
A son-in-law of former taoiseach Charles Haughey, Mr Mulhern is still a director of the company. Based in Inchicore, west Dublin, its newly filed abridged accounts for 2004 do not reflect trading in 2003.
Mr Mulhern faced criminal charges in Kildare District Court earlier this year over three director's loans he drew down from the company in 2002.
The action, initiated by the Office of the Director of Corporate Enforcement, related to six alleged breaches of the provisions in the Companies Act 1990 in relation to directors borrowing money from their own companies.
The proceedings were adjourned indefinitely last May after the Director of Corporate Enforcement, Paul Appleby, issued judicial review proceedings against a previous court order that he disclose certain documentation related to the case. Those proceedings are continuing.
Mr Mulhern's counsel had claimed in court that he was being singled out in the action because of his high profile. This was denied by counsel for the director.
Clayton Love Distribution distributes frozen food products sold under the Findus, McCain, Jus Rol and First Choice brands.
Turnover figures are not disclosed in its accounts, although they do indicate that the company made a gross profit of €3.43 million in 2004.
Operating profit of €744,932 was stated after distribution costs of €769,905 and €1.91 million in administration expenses.
Mr Mulhern's acquisition in the 1980s of the 45 per cent share in the company that he did not already own featured in the report of the High Court investigation into the Ansbacher affair.
For a number of years after the purchase, this minority shareholding was held by an offshore company, College Trustees.
Mr Mulhern told the inspectors on oath that he did not know who it was being held for. But his solicitor said later that he received money for the shares in 1993 when they were sold back to Clayton Love Distribution.
"This called into question the extent to which the inspectors could rely on Mr Mulhern's evidence," said the inspectors in their report.
