Home entertainment group Xtra-vision made a loss of €7,485 for the 12 months ended January 27th 2013 according to accounts filed with the Companies Registration Office.

The company’s income from financial assets was €4,100 the period. This compares to a profit of €300,000 in the 12 months ended January 29th 2012, and earnings before interest, tax and write-offs of €2.1 million for the period.

The directors of Xtra-vision parent Birchhall Investments said they had decided not to prepare consolidated financial statements because the company’s principal operating subsidiary which accounted for the group’s entire turnover went into receivership after the year end and was subsequently sold.

No dividend was paid or proposed.

Xtra-vision went into receivership on April 29th, 2013. The joint receivers subsequently sold the business and assets in June of that year.