Wednesday 28 September 2016

Irish 'Apprentice' star enjoys €1m revenues

Gordon Deegan

Published 12/01/2016 | 02:30

Northern Irish doctor Leah Totton
Northern Irish doctor Leah Totton

The 'Apprentice' cosmetic skincare clinic operated by Irishwoman Dr Leah Totton clocked up revenues of almost €1m last year.

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The medical doctor, inset, claimed the crown of BBC1's 'The Apprentice' in 2013 with a plan to launch a 'Botox Empire' of cosmetic clinics around the UK.

A native of Derry, Dr Totton's win resulted in show judge Alan Sugar parting with £250,000 to invest in the business.

New accounts show that Dr Leah Ltd recorded pre-tax profits of £242,311 (€324,540) in the 12 months to the end of June 30 last.

This followed the firm recording a pre-tax loss of £49,684 in its first six months of business due mainly to start-up costs.

However, the accounts show that sales sky-rocketed in the firm's first full 12-month period as revenues increased from £176,362 to £706,926 (€945,014).

In a statement yesterday, Dr Totton said: "I am delighted with the performance of Dr Leah Ltd in our first full year of trade, we are a young company but are already trading very profitably and forecasting considerable growth in the coming 12 months." The firm is well on its way to repaying the £250,000 that high profile businessman Alan Sugar has invested in the firm.

The firm last year declared a dividend of £150,000 with Mr Sugar and Dr Totton to share the dividend on a 50/50 basis.

The business employs nine and is to double its workforce shortly with a new clinic in Essex in southern England.

Irish Independent

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