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No Return Expected for Creditors in Frankie Dettori Liquidation Update

A Companies House filing says there are insufficient assets to cover about £889,000 in liabilities dominated by an HMRC tax claim.

Overview

  • The liquidator said no distribution to unsecured creditors is expected based on anticipated realisations and costs, with the position subject to change pending investigations.
  • As of October 20, 2025, HMRC was owed £765,542 and a car-leasing firm £6,391, bringing total liabilities including fees to £888,799.
  • The report relates to the wind-down of Frankie Dettori Limited and Newmarket Activities Limited, with solicitors instructed to assist ongoing inquiries.
  • Dettori was made bankrupt by HMRC over unpaid tax linked to a disputed avoidance scheme after a High Court ruling ended his anonymity.
  • He is completing a South American farewell tour with final rides planned in Brazil next month, is due for automatic discharge on March 17, and is set to become Amo Racing’s global brand ambassador.