Simon Cowell’s TV company, Simco Ltd., has posted profits of £28.2million for the 12 months to end of March 2013. This is a strong growth of 16% year on year for Simco.

The Metro reports, turnover was up £1 million to £18 million in Britain and increased £4million to £30.4million in the US.

Simcos’ major shows include The X Factor and Britain’s Got Talent.