Boxer Katie’ s com­pany records healthy prof­its

Bray People - - NEWS -

AC­CU­MU­LATED prof­its at the com­pany owned by boxer Katie Tay­lor have ex­ceeded €1.2m fol­low­ing a suc­cess­ful year out­side the ring for the reign­ing Olympic cham­pion.

KT Sports Lim­ited saw prof­its in­crease by more than €250,000 last year and re­ported a cash bal­ance of €925,952 in ac­counts filed to the Com­pa­nies Of­fice last week.

The firm’s ac­cu­mu­lated prof­its stood at €1,203,846 at the end of its fi­nan­cial year on June 30 2015, ac­cord­ing to the ac­counts.

The 29-year-old is the sole share­holder in KT Sports Ltd and is listed as a di­rec­tor along with her mother, Brid­get Tay­lor (54). The com­pany’s di­rec­tors were paid re­mu­ner­a­tion of €67,017 last year.

Ac­cu­mu­lated prof­its in­creased by 27 per cent dur­ing the 12-month pe­riod, while the firm’s cash pile grew by €239,940 to €925,952. The com­pany was owed €393,676 by its debtors at the end of last June.

A to­tal of €115,781 re­mained payable to cred­i­tors, ac­cord­ing to the ac­counts, €111,231 of which re­lated to tax­a­tion.

The firm was es­tab­lished in 2009, four years af­ter Ms Tay­lor won her first gold medal at the Euro­pean Am­a­teur Boxing Cham­pi­onships in Nor­way in the 60kg light­weight class.

She has won five back-to-back gold medals at the World Cham­pi­onships and was Ire­land’s flag bearer at the 2012 Olympics in Lon­don, where she went on to claim a gold medal in the light­weight di­vi­sion.

Out­side the ring, she has ben­e­fit­ted from spon­sor­ship deals with the likes of Toy­ota, Ara­mark, Lu­cozade, KPMG and Adi­das.

Tay­lor also does a lot of char­ity work and is as­so­ci­ated with Barnar­dos, Zest4Kids, Bray Lak­ers, and Wick­low Hospice Foun­da­tion.

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