Profits double at agency which represents stars from Claire Byrne and Ryan Tubridy to Dermot Bannon and Kian Egan
NK Management is headed by Noel Kelly
Post-tax profits at the Dublin-based management agency that represents a host of stars from Irish TV and radio more than doubled to €404,085 last year.
NK Management represents the likes of Pat Kenny, Ryan Tubridy, Dermot Bannon, Claire Byrne and Joe Duffy.
The business is led by Noel Kelly and new accounts for Cleary Consultancy Ltd show that the firm recorded post-tax profits of €404,085 in the 12 months to the end of last March.
This was more than double the post-tax profits of €191,339 in the prior year.
The profits of the last two years follow profits of €105,188 in fiscal year 2020 and €44,779 in fiscal year 2019
The profits for last year increased the firm’s accumulated profits from €497,742 to €901,827.
The firm’s cash funds last year decreased sharply from €831,617 to €228,009 and this was off-set by the amount owed by debtors to the company increasing from €722,183 to €1.589m. At the end of last March, the company had shareholder funds of €1.01m. Numbers employed at the company remained at nine, comprising two in management and seven in administration.
The 60-year-old Mr Kelly shuns the limelight but is one of the best-known names in the Irish broadcasting industry and is often employed by his clients to negotiate new contracts on their behalf with the likes of RTÉ.
In a rare press interview a number of years ago, Mr Kelly said: “I’m not interested in the limelight. I like the fact that I can get on the Luas and nobody knows who I am or what I do.”
Mr Kelly has also served as a long-time director on the board of Adi Roche’s Chernobyl Children’s Project International charity. The firm’s client list reads like a who’s who of Irish celebrity and also includes Dave Fanning, Matt Cooper, Ivan Yates, Baz Ashmawy, Niall Quinn, Kian Egan and Dermot Whelan.
Others include Doireann Garrihy, Kathryn Thomas, Catriona Perry and Sonia O’Sullivan. Mr Kelly also represented the late Gerry Ryan and today represents the broadcaster’s daughter and 2FM presenter, Lottie Ryan.
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