Mike Tindall reaches major financial milestone as his firm sees record profits

has seen his private company reach a major financial milestone, it has been revealed.

The 46-year-old set up Kimble Trading in 2003 – the same year that he met his wife Zara after being introduced via a mutual friend.

According to the Daily Mail’s diary editor Richard Eden, who revealed in his latest , Mike has reportedly had his most successful year of trading to date.

According to the publication, Mike disclosed “almost £1.6 million worth of assets.” Mr Eden added that this includes “£667,577 in cash and deposits and £893,947 worth of future income.”

This comes just a few years after Mike reportedly “embarrassed” the Royal Family by claiming furlough funds throughout the pandemic.

It was claimed that Mike had caused “reputational damage” to the monarchy by David McClure, the author of Royal Privilege: The Queen’s True Worth.

David had said: “The Royal Family is all about good optics, that’s what they do, it’s all ceremony, it’s all image, it’s all promotion. This does cause some reputational damage to the Royal Family, and I think the situation is slightly embarrassing for the royal family, without a doubt.”

Without speaking further, a spokesperson for the former sportsman told , at the time, that none of the furlough money went to him personally.

As of March 2023, speaking of Mike and Zara’s combined fortune, reports reported that the couple had made £30million through brand deals such as from Domino’s to Rolex.

Mike, a former rugby professional, earned himself £300,000 after starring in an advert for Dominoes in 2022.

Zara and Mike, who were spotted with their three children at the Cheltenham festival on New Year’s Day, have now travelled to Australia.

The couple, who will travel without their children, have since attended the annual Magic Millions event on the Gold Coast in Queensland.