BROKE Katie Price has been let off the hook yet again – this time avoiding paying back a colossal £370k. The bankrupt star’s company Jordan Trading Ltd officially folded this week hundreds of…
BROKE Katie Price has been let off the hook yet again - this time avoiding paying back a colossal £370k.
’s company Jordan Trading Ltd officially folded this week hundreds of thousands in debt, but the liquidators had no choice but to give up trying to claw it back.It's thought Katie's 'mucky mansion' is also at risk nowIn the final report before the firm is dissolved, joint liquidator Simon Thomas stated there was no chance of recouping all the debt, with the company owing £192,376 to the taxman and £25,745 to trade creditors.
Katie had also taken out £152,423 in director’s loans, which she failed to pay back, mounting up to a total of £370,544. Thomas complained about her "non-compliance" and also gave an insight into just how much personal debt the 44-year-old is in after beingWe can reveal that the total amount now stands at £3.265 million with Jordan Trading Ltd being owed 4.73 per cent of that figure, which will never be regained.
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