Monday 20 October 2014

Actor James Nesbitt's Brown Cow boosts profits by €335,000

Gordon Deegan

Published 10/01/2014 | 02:30

JAMES NESBITT HOBBIT
James Nesbitt in The Hobbit
James Nesbitt.
James Nesbitt.
James Nesbitt. Frank Mc Grath

James Nesbitt's starring role in 'The Hobbit' last year contributed to profits at his entertainment firm increasing by over €335,000.

The Co Derry man who was best known for his award-winning roles in the television drama 'Bloody Sunday' and ITV's 'Cold Feet' has now gained worldwide recognition for his role playing a dwarf in 'The Hobbit' series of films.

The second of the trilogy, 'The Hobbit: The Desolation of Smaug' was released worldwide last month and has generated more than $750m in box-office receipts.

New accounts lodged with the UK-based Companies House by Nesbitt's Brown Cow Films Ltd show that accumulated profits at the firm increased by £280,000 (€338,373) to £2.185m in the 12 months to the end of March 31 last.

The firm's cash pile reduced substantially to €50,537 from €459,507, with debtors also reducing to €876,028 from €1.69m.

However, this is explained by the firm transferring €1.35m into unspecified investments last year.

The 2013 performance follows a strong performance by the firm in 2012 when profits increased by over €500,000.

Nesbitt initially had ambitions of being a teacher, but dropped out of his college course to pursue a career in acting.

A native of Ballymena, Co Antrim, who subsequently grew up in Coleraine, Co Derry, Nesbitt stars as the character Bofur in Peter Jackson's 'Hobbit' series.

In a recent interview about his role, Mr Nesbitt said: "It was actually hugely rewarding, understanding that even without huge individual speeches or scenes, you were contributing to a rich tapestry.

"But they managed to give 13 dwarfs 13 different personalities that all work well together and have individual stories. You sometimes feel like you're a small cog in a very big machine, but I'm very glad I did it."

Nesbitt confirmed that he is returning to New Zealand in May for the filming of the third 'Hobbit' movie.

Irish Independent

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