Millionaire plumber Charlie Mullins paid himself £3.3m in dividends last year
Millionaire plumber Charlie Mullins paid himself £3.3million in dividends last year, new accounts show.
Revenues at Pimlico Plumbers flowed up 26 per cent to £43.4million in the year to May 2018.
Pre-tax profits dipped from £4.8 million to £4.2million.
Wealthy: Millionare plumber Charlie Mullins paid himself £3.3million in dividends last year, new accounts show
Mullins, 66, and his son Scott, 46 – the two directors – paid themselves salaries totalling £711,512 during the year, up from a combined £485,248.
Mullins’ dividends totalling £3.3million were down from £3.75million in the previous year.
The Mail on Sunday revealed last month that Mullins has given up on an attempt to sell 20 per cent of the firm – which he values at £100 million – after searching for a new investor last year.