Overview

• The company’s liabilities include an overdrawn director’s loan of about £780,000, taking total debts to roughly £1.2–£1.3 million, according to newly published documents.
• HMRC pursued the firm in the High Court and is listed as owed £442,303 in VAT, PAYE, corporation tax and court costs.
• Liquidators say they are unsure whether the director’s loan can be recovered, with other creditor balances reported to include £39,942 to Coutts and £15,000 to Companies House.
• Company filings show Joey Essex signed a Declaration of Solvency in August 2024 stating debts would be paid within 12 months, a claim that reporters note could carry legal consequences if found to be false.
• Following the debt revelations, Essex shared Ibiza holiday posts on social media, while coverage also cites a reported £500,000 boxing payday and his opponent’s stated plan to appeal the bout’s result.