Wogan’s media firm hosts a surge in profits

Terry Wogan: His firm's accumulated profits increased by £98,356 from £369,711 to £468,067. Pic: PA

He may have stopped broadcasting full time for a living, but the profits continued to roll in last year at the media firm owned by radio presenter Terry Wogan.

Figures show that accumulated profits at the firm owned by the Limerick native increased by almost £100,000 to £468,067 (€559,824) in the 12 months to the end of Aug 31 last.

Wogan has been entertaining audiences in Britain with his own particular brand of blarney since the 1960s.

The 75-year old stepped down from his daily BBC Radio 2 show in 2009, leaving eight million daily listeners disappointed.

The Wake up to Wogan radio show — which ran for 16 years — was the most popular radio programme across Europe.

However, the broadcaster — who holds joint Irish and British citizenship — continues to host a weekly radio show on BBC Radio 2 entitled Weekly Wogan.

Wogan joined the BBC in 1969 after working at RTÉ for the previous six years.

Accounts filed with Companies House in Britain show that the son of a grocery store manager has continued to prosper after retiring from his daily BBC Radio 2 show. In a nod to his west of Ireland roots, Wogan has named his British firm Limerick Enterprises Ltd. Its latest figures show that the firm’s cash pile increased by £9,970 from £486,199 to £496,169 in the year to the end of August.

The abridged accounts — signed off by Sir M T Wogan — show that the firm’s accumulated profits increased by £98,356 from £369,711 to £468,067.

The figures show that monies owed to unidentified creditors within one year reduced from £116,522 to £28,002.

The documentation shows that Wogan only incorporated the firm in August 2010 and the accounts are the third set of annual accounts to be lodged by the firm. Along with presenting the weekly radio show, Wogan writes a regular column in The Daily Telegraph.

In 2007, Wogan was granted the Freedom of his home town, Limerick city, while he also received an honorary doctorate from the University of Limerick.

At the BBC, the veteran became best known for presenting his own TV chat show, Wogan, and game show, Blankety Blank, while also commentating on theEurovision Song Contest for a long stint between 1971 to 2008 for the British broadcaster.


Lifestyle

People and their businesses find themselves in an unprecedented moment.Designs for life: How designers are responding to the Covid-19 crisis

Spring is here and with it every reason to get out of the house and start planting veggies with the children. No garden? Not to worry, a large flower pot or plastic tub will produce plenty of edible greens. Helen O’Callaghan reportsWatering can-do: Veggie growing with the children

More From The Irish Examiner