DANCING On Ice hopeful Brendan Cole has folded his business while swamped in £83,000 of debt – including £28,000 owed to the taxman.
Brendan, 45, who is partnered with German pro Vanessa Bauer for the ITV skate show’s new run starting tonight, put Brendan Cole Ltd into voluntary liquidation after proceedings began in November.
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The Kiwi former Strictly Come Dancing pro’s “amusement and recreation activities” firm has assets of £48,684, well short of its debt mountain, figures from its statement of affairs show.
Its debt includes the maximum £50,000 government-backed Coronavirus Bounce Back Loan, from HSBC.
It also owes £22,000 of corporation tax, £6,000 in PAYE and National Insurance contributions, £4,600 to “various employees”, plus £400 to accountants.
Brendan owns 70 per cent of the business, with wife Zoe holding the other 30 per cent.
We approached his agent for comment.
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