A plus-size clothing store co-owned by Boyzone star Keith Duffy has reported large profits of more than €250,000 in accounts just filed to the Companies Office.
KSG Limited, which trades as Plus & Minors, specialises in the retail of clothing in large sizes for full-figured men and women. The shop, located on Thomas Street in Dublin, also stocks babywear.
Duffy (41) is listed as a director of the firm and owns one-third of its shares; along with his father, Sean Duffy (70), and his business partner, Geraldine Kelly (57).
The Dublin-born musician is most famous for his role with Boyzone, which has sold more than 25 million records worldwide since 1994. He has also worked as a television presenter and acted in both Coronation Street and Fair City.
Accounts for KSG Ltd show that accumulated profits in the firm stood at €251,319 at the end of last January, having increased by €37,578 during the previous 12-month period.
The company’s cash pile also increased by €32,976 during the financial year and stood at €85,390 at the end of January. The firm was owed €10,715 by its debtors, according to the accounts.
Stock
The clothing store had stock valued at €163,134 at the end of the accounting period, and had tangible assets on its balance sheet worth €10,812.
It employed four people last year, who were paid wages and salaries totalling €145,600, while its directors received remuneration of €65,001. A total of €18,729 remained payable to creditors of the firm, €10,993 of which related to taxation and PRSI.
Following Boyzone's hiatus in 2000, Duffy participated in the first series of the UK's Celebrity Big Brother, before launching an acting career that has seen him land parts in productions such as The Clinic, Love/Hate, and Mrs Brown's Boys D'Movie.
Boyzone reformed in 2008, selling 200,000 tickets for their comeback tour within three hours of going on sale. The band released its most recent album, From Dublin to Detroit, in 2014.
