Sheridan Smith is reportedly earning £21,000 per week despite her recent theatre show being cut from theatre two months early.
The actress, 42, banked £1.1million last year after a very successful 12 months working in TV, according to the Mirror.
She is currently starring in West End musical Opening Night but poor reviews and ticket sales have led to the production ending two months early on May 18.
And despite her role being cut short, Sheridan, who was nominated for the Best Actress award at the Olivier Awards for her role in Shirley Valentine, is still set to receive a big payout for all her hard work this year.
According to the publication, her most recent annual accounts, sent to Companies House by her TV management company Barking Mad Productions this week, showed that she paid around £222,445 in Corporation Tax for 2023.
Sheridan Smith, 42, is reportedly earning £21,000 per week – after banking £1.1million last year after a very successful 12 months working in TV -despite her recent theatre show being cut from theatre two months early
She is currently starring in West End musical Opening Night but poor reviews and poor ticket sales have led to the production ending two months early on May, 18
The tax burden is reportedly based on her earnings of £1.1m over that period—or the equivalent of around £ 21,000 a week.
Her books also reportedly showed she had £239,538 in cash at the time of filing.
This comes after Sheridan’s problem-plagued West End musical, Opening Night, was cancelled two months early after it was blasted by critics and audience members.
The show will now end its run at the Gielgud Theatre in London on Saturday May 18, two months earlier than originally planned on July 27 – as producers blamed a ‘challenging financial landscape’ for the shock decision.
Announcing the news earlier this month, the production team said that the play ‘may not have had the life we had hoped for’.
Sheridan recently implored people to come and see the show after it was slammed by theatregoers who claimed it was ‘boring’ and walked out half way through.
However, it seems her plea wasn’t enough to mobilise audiences for the poorly reviewed play – directed by Ivo Van Hove and with music by Rufus Wainwright – which producers have now admitted was ‘always a risk’.
And despite her role being cut short, Sheridan, who was nominated for the Best Actress award at the Olivier Awards for her role in Shirley Valentine, is still set to receive a big payout for all her hard work this year
According to the publication, her most recent annual accounts, sent to Companies House by her TV management company Barking Mad Productions this week, showed that she paid around £222,445 in Corporation Tax for 2023
The tax burden is reportedly based on her earnings of £1.1m over that period—or the equivalent of around £ 21,000 a week. Her books also reportedly showed she had £239,538 in cash at the time of filing
Sheridan was seen smiling, dressed down in a sweater and jogging bottoms, as she came away from the theatre after last night’s performance.
She was given moral support by her friend Charley Webb who had attended the show, as well as words of wisdom and encouragement from fans who had gathered at the stage door.
Charley popped to a nearby shop to buy cigarettes and biscuits before the pair set off in the same car.
Announcing the early end of the run, producers Wessex Grove said: ‘It is an honour to produce this beautiful new musical in the West End, and everyone at Wessex Grove is proud to have delivered the artistic vision of Ivo Van Hove and Rufus Wainwright and their incredible team, led by the exquisite Sheridan Smith.
‘In a challenging financial landscape, Opening Night was always a risk and, while the production may not have had the life we had hoped for, we feel immensely proud of the risk we took and of this extraordinary production.
‘Our world class cast delivers a brilliant show night after night, and there are still five weeks left to see Sheridan Smith in the role of a lifetime. What is sure-fire and safe has its place.
‘But Wessex Grove exists to produce great artists in the West End and to provide the space for original, artist-led productions in the commercial sector, productions exactly like Opening Night. We’re grateful for all of the support everyone has given us as we made this show, and look forward to celebrating the rest of the run.’
It came just days after the musical was hit by another issue when Sheridan was ‘banned’ from leaving the theatre due to a nearby crime scene.
The show is performed in a venue situated between two pubs in London’s West End, naturally attracting rowdy drinkers.
During the show, Sheridan’s character Myrtle Gordon goes out onto the street to perform a scene while the audience watch from a screen inside – which has been surprising and sometimes fooling passers-by outdoors.
Myrtle, who is a functioning alcoholic actress, is filmed slumped outside the stage door, however her regular routine was interrupted by a police incident nearby.
She told The Chris Evans Breakfast show on Virgin Radio: ‘Security wouldn’t let me go out too far the other night because someone was being arrested and restrained.
‘I was like, “It’s fine, it doesn’t matter and they were like, “No, no you can’t go too far over that way”. So I had to start the scene a bit closer to the stage door.’
Sheridan also revealed that the location of the theatre can cause issues, as drunk revellers sometimes come and try and help her up.
She said: ‘It’s right between two pubs, so people are all outside hammered and they want to come and try and help me.’
Director Ivo has today defended the play, describing leading lady Sheridan as ‘brave’ for accepting the complex role in the production.
He said: ‘I had the most wonderful and inspiring time making Opening Night thanks to the talent and commitment of our incredible cast and production team.
‘They were led by the exceptional Sheridan Smith, who had the bravery to play such a complex role in the West End. I try to be fearless and sincere in everything I make.
This comes after Sheridan’s problem-plagued West End musical, Opening Night, was cancelled two months early after it was blasted by critics and audience members
Opening Night will now end its run at the Gielgud Theatre in London on Saturday May 18, two months earlier than originally planned on July 27
‘With Rufus’s beautiful music, we made something totally unique and true to John Cassavetes’ daring exploration of the human condition.
‘It will forever have a special place in my heart. It is always sad when a show closes early but I know that Opening Night will live long in the memories of those who saw it and made it.’
Sheridan stars as Myrtle in the new musical – which is based on the 1977 drama film starring Gena Rowlands.
However fans have been left baffled and bored by the production, with scores of theatregoers streaming out of the show nearly every evening since its March 6 debut, complaining about the bewildering plot.
Reporters who attended Opening Night at the Gielgud Theatre saw at least 50 audience members leave during the interval on two separate evenings last week. Staff at the theatre confirmed it was a regular occurrence.
‘Sheridan has been a resounding success but the show itself has been far from it. To say it’s been polarising is an understatement, reports of theatre goers walking out at the interval have really worried some of the investors,’ a source told The Sun.
‘No official meeting has been held yet, but a number of them have spoken about how they would go about serving notice on the theatre and cutting the run of shows short.
Performances of Opening Night each night have involved Sheridan falling out of the theatre and staggering back along the street, playing drunk
At one point in the show, Sheridan’s character Myrtle takes a tumble outside while the rest of the cast gather around her
A member of the door staff from a nearby venue says that the event conjures crowds every evening but that not everyone is aware the display is part of a performance
In footage captured by MailOnline, Sheridan can be seen scrabbling on the ground outside the central London theatre
‘At the end of the day, even though it’s entertainment, it’s a business and they are worried that poor ticket sales will mean they don’t make their investment back.
‘Sheridan is a saving grace for Opening Night because of how good she is on stage, but even her star power can’t get the crowds in.’
The insider added while Sheridan’s stint in Shirley Valentine last year was a resounding success with tickets selling out, there were still lots available for Opening Night which is ‘turning into a disaster’ for bosses.
In an attempt to fill up the audience, Sheridan herself begged fans to attend the production as she admitted she feels ‘so much pressure’.
Speaking to Scott Mills on his Radio 2 show on Tuesday, she confessed about performing: ‘I get terrified, it’s worse as I get older.
‘I was fearless when I moved to London. Now, there’s so much pressure.’
Begging listeners to purchase their tickets, she added: ‘It’s absolutely fascinating and fun… please come!’
The musical begins with Myrtle (Sheridan) left traumatised by the death of a teenage fan.
Sheridan – who exclusively told MailOnline she took on the role to ‘take control’ of her own demons – can be seen outside the theatre as Myrtle, turning up late to the first night of the show after taking a drop too much.
Sheridan Smith is filmed outside the Gielgud Theatre as part of the production, smoking and stumbling before staggering back inside
The moment is filmed live every night outside, with the audience witnessing the action live via a video transmitted into the theatre
Sheridan is pictured mid-act smoking and interacting with people
Sheridan’s character Myrtle – the show’s main star – is on a dangerous downward spiral, fearing she’s lost her youth and her mind
She told The Chris Evans Breakfast show on Virgin Radio: ‘Security wouldn’t let me go out too far the other night because someone was being arrested and restrained’
She said: ‘It feels like a moment of taking back control.
‘I feel like the part is a gift, it’s a gift of a part for any actress to play and I’m loving every minute of it, it’s such an honour. I can’t wait for people to see it now.’
Tickets have already been slashed for the show and are being sold on London Theatre with a 36 per cent discount meaning prices now start at a mere £25., with ShowFilmFirst also selling them for the same price.
Previously, front row tickets would have set theatregoers back £176 but can now be purchased for £110.
Among the underwhelmed theatregoers who have been heading for an early exit was Helen, 59, an admin worker for the NHS, who went with a friend.
She said: ‘I didn’t have a clue what was going on. It’s not Sheridan – she’s a great actress – but I was falling asleep.’
Another leaving early was Annie McCabe, 64, who went to the show with her husband. ‘It was too wacky for me,’ she said. ‘I loved Sheridan Smith but I didn’t know where it was going and it was all very disjointed and chaotic.’
Robbie, 22, who went with his friend Yan, 26, added: ‘The video screen and the acting on stage did not match up at all. It was like watching a bad movie.’
And Steph, 27, who watched it with a friend and left within the first hour, said: ‘It was boring. The music was terrible. It was a zero out of ten for me.’
But businesses near the theatre have praised the play for boosting their profits, with her ‘drunken’ tumbling in the street outside attracting onlookers.
Restaurant manager John Forte said: ‘This performance is really good for all of the businesses in Soho.
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