Business Irish

Monday 23 October 2017

Limerick's favourite son boosts his firm's profits to €570,000

Terry Wogan
Terry Wogan

Gordon Deegan

The cash pile at the media firm owned by Limerick's favourite son, Terry Wogan, topped €570,000 last year, new figures show.

The Limerick native has been entertaining audiences in the UK with his own brand of blarney since the 1960s.

The 74 year old stepped down from his BBC Radio 2 show in 2009, leaving eight million daily listeners disappointed.

The 'Wake up to Wogan' radio show 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'.

Now, new accounts 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 roots, Wogan has named his UK firm Limerick Enterprises Ltd.

Its latest figures show that its cash pile increased from £453,625 to £486,199 (€573,112) in the 12 months to the end of August 31 last.

The abridged accounts – signed off by Sir M T Wogan – show that the firm's accumulated profits increased by £20,466 from £349,245 to £369,711.

The documentation shows that Wogan only incorporated the firm in August 2010 and the accounts are the second set of annual accounts to be lodged by the firm to Companies House in the UK.

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.

The married father of four worked briefly for RTE in the 1960s before joining the BBC.

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

Irish Independent

Also in Business