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Oor Lorraine's business empire now worth more than £3.8m

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dailyrecord.co.uk

iOS - Android Annual accounts for her company Albatel show that it had total assets of £4,006,630.That included £2,725,108 held in a bank account, more than £1 million owed by debtors and aninvestment portfolio worth almost £235,000.After paying off creditors, the company had a net worth of £3,842,112 – up £60,812 on the past year.Its value has shot up by more than £1 million over the last four years.Lorraine, from East Kilbride, and her husband Steve Smith set up the firm in 1992.As well as the TV work, Lorraine, who has a self-titled morning chat show, has published books on dieting and fitness and makes personal appearances.The former journalist sold her home in Broughty Ferry, Dundee, in 2018 and moved to the south of England with her.

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