SuBo firms bank £3.4m

Published on 03/08/2012 12:00

TWO companies set up to control Susan Boyle’s finances have more than £3.4 million in the bank, new figures have revealed.

Records filed with Companies House earlier this week show that the West Lothian star’s main firm, Duil Limited, has net assets of £2,895,402.

Her second firm, Speur Limited, has assets worth £577,524 – a rise of more than £300,000 from the year before.

The 51-year-old from Blackburn was made a director and owner of all the shares in her firms, which handled income from her music and merchandising last year.

However, financial experts said the cash held in the accounts would not represent the full value of SuBo’s wealth.