Stacey Solomon has banked almost £1.4 million after what has been a very successful year for the mum-of-three.
Accounts for her company Key May Entertainments show its net worth was a staggering £1,373,246 as of June 30.
According to The Sun Online, this is an impressive £484,483 more than the private firm’s £888,763 in 2019.
Stacey, 31, set Key May Entertainments up back in 2012, which is described on Companies House as a “performing arts” business.
Accounts show her sole firm paid £208,644 in Corporation Tax meaning that before costs and expenses deducted, the firm raked in £1,581,890.
Stacey Solomon’s company has banked nearly £1.4 million for the year 2020 (Image: Dave Benett/Getty Images for Pri)
Within these assets, Stacey’s company held £1,097,724 in cash, while her investments were calculated at £171,759 and the firm was owed £312,407.
According to accounts filed yesterday, Stacey gave herself a director’s advances from the firm – owing it £102,879 at the end of its financial year.
The former X Factor contestant has made a lot of her money thanks to her appearances on the Loose Women panel.
Stacey has made some of her fortune from appearing on Loose Women as a regular panelist (Image: ITV)
Stacey began appearing on the ITV daytime show in September 2016 and has been a hit with viewers.
Earlier this year it was reported that Stacey earns an estimated £3,000 per episode of Loose Women.
Another contribution to Stacey’s income comes from her collaboration with high street store Primark.
Stacey with her three sons and her boyfriend Joe Swash
The TV star has released two successful ranges with the brand, and no doubt she will be invited back to do more.
In April it was revealed that Stacey is expanding her business empire – by trademarking the terms Tap To Tidy and My Little Pickle.
Her followers are well aware that she loves to share her cleaning hacks on Instagram, and that she also refers to her youngest son Rex as ‘Pickle’.
Stacey’s trademark for My Little Pickle applies to baby clothes as well as baby milk, swimming nappies, vitamins, clothing, toys, TV shows and books.
And Tap To Tidy has been trademarked for all forms of cleaning products, candles, sponges, scourers, books and brushes.
Source: Celebrities - dailystar.co.uk
