Tuesday 24 May 2022 08:31 AM Little Mix take another financial hit as their company records a £1.4million ... trends now
Little Mix have revealed another £1.4 million dent to their fortune lost as the band prepared to break up after 11 years together.
Reserves in their company Eternal Dance Media Limited slumped from £4.9 million to £3.5 million, documents just published show.
The figures cover 2021 - the band’s last full year together - and come on top of a £2.6 million loss for their touring company, Eternal Magic Touring, which was revealed last week.
Financial loss: Little Mix have revealed another £1.4 million dent to their fortune lost as the band prepared to break up after 11 years together
It means the value of the two companies dropped from £12.5 million to £8.5 million - £4 million in 12 months.
Eternal Dance Media had a tax bill of just under £90,000, which suggest they made a profit of £450,000, compared to the tax bill of £210,000 the previous year, which would have meant profits in excess of £1 million.
The accounts cover the release of their Between Us album which came out in