You can say all that but her company accounts have shown growth for the last 3 years. Well over £100k a year.
She'll only be in trouble if, as you say, she stops being sold by Channelmum as part of a package of mummy bloggers - to Sky, cleaning product companies, etc.
The micro accounts available for the public to view show very limited information for small companies so I don't think you can really see the total profit a company has made annually including how much has been taken away as 'salary' etc.
Looking at the past 3 years available for Kate Murnane Ltd, between 2018-2019 it shows an increase of around £60,000 in net profit but for the following two years accounts (2019-2020 and 2020-2021) show an increase of only £7000 per year which is quite a lot less.
The creditors amounts falling (amount owed to others e.g. tax, companies you have worked with that take a percentage of your profit so Channel Mum etc) has decreased which indicates that she earned less between the last 2 years. It'll be interesting to see if that becomes a pattern when the next micro accounts are published.
The only thing you can't really find out with the info in the micro accounts documents is how much has been taken out to pay for general living costs. She may have used a good chunk of her companies profit the last couple of years towards her house deposit and current house renovations or it could just be that she has earned a lot less the last two years from not doing so much work.
As someone else mentioned, she probably still takes a bit of profit from adverts on all of the videos she has published over the years. I think the fact that her 'creditors amounts falling' is decreasing is an indication that her earnings are decreasing.
I don't believe she is earning a hundred thousand per year but if she is, she's obviously spending most of it as her accounts show just £7000 annual growth the last 2 years. Still a great amount to be able to save each year from the earnings of one working person. Having a lifestyle that costs that much though when your career is so fragile is a bit worrying in my opinion.
The whole influencer work ethic is terrible tbh. Here is a person who does the absolute bare minimum and gains more than enough to survive. Compare this to people such as my husband who has worked his way to the top in a high powered career, earns well but works ridiculous hours a week to achieve the amount he earns. She is on a par with amazing professionals like that for doing bugger all.
I really hope it all comes crashing down for her one day soon and what will she have to fall back on? Murae Jewellery?
I also find the information Channel Mum Talent uses to sell her to potential sponsorship clients so ridiculous. Since Emily Norris and Louise Pentland parted ways with Channel Mum, she is obviously now treated as their star influencer. She is described as someone whose purpose is "helping families live their best lives" and they go on to say that with her old Dolly Bow Bow jewellery business, 'the stunning designs saw the brand become one of the UK's bestsellers' !?!? Wasn't it cheap rubbish she flogged at market stalls and then on the internet made up of a mix of hand made bits using cheap wholesale materials and then wholesale readymade jewellery items she bought in bulk from eBay/Etsy etc?
She is described by them as having an 'ultra-loyal audience, making the mum-of-three a top choice for IMPACTFUL campaigns'.
That's how she is still getting sponsorships. It's simply because of the size of her following at a glance. It doesn't mention that only a few of those followers bother to look at her content anymore and that her engagement with the tiny proportion of followers that consume her adverts is nonexistent.
Oops sorry for that coming up twice. I forgot to tag who I was replying to on the first one!