Patsy Palmer’s business racked up a staggering £171,693 in tax debt before she moved to start a new life in the US.
The actress, 50, who is starring in the new series of Dancing On Ice for a fee of £100,000, faced financial problems in 2016 when her company had to be dissolved.
A liquidator’s final report filed with Companies House shows that his company Frec Productions, which ran his fitness DVDs and Patsy’s fake tan business, had debts of £212,808.
She’s Back: Patsy Palmer’s return to TV on Dancing On Ice is a lucrative career opportunity after stepping out of the spotlight when she moved to Malibu in 2014
The actress best known for her role as Bianca in EastEnders, meanwhile, owed the company £400,653 due to her director’s loan account being overdrawn.
Figures revealed by Sun show that the company, in the name of Patsy and her husband Richard, owed more than £202,000 to HMRC, £93,043 of which was PAYE, £93,043 in corporation tax, £15,937 in VAT, while NatWest bank was owed £5,683.
£5,000 was paid to trade creditors and when the business closed in 2016 £35,863 was paid leaving £171,693 in tax liability.
Money troubles: Now, ahead of her stint on ITV competition, it has been revealed that the actress’s business suffered a financial collapse and the company racked up £171,693 in tax debt.
Ricky! The actress, best known for her role as Bianca in EastEnders, owed the company £400,653.
It is not known if any of the debt has been recovered since the company was dissolved on December 27, 2016.
MailOnline has contacted Patsy’s representatives for comment. ITV declined to comment.
The actress currently lives in Malibu with her husband Richard and their three children, Fenton, 22, Emilia, 20, and Bertie, 10, after moving to the US in 2014.
Hard at work: The soap opera star has been training on the ice rinks in Los Angeles with his skating partner Matt Evers ahead of the show’s return on January 15.
She is also the mother of actor Charley Palmer Rothwell, 30, her son based in the UK with ex-partner Alfie Rothwell.
Patsy now describes herself as a DJ and founder of a hair oil brand that has just over 9,000 followers on Instagram.
Patsy moved from her Malibu home to Berkshire while competing on the new series of Dancing On Ice.
The soap opera star has been training on the ice rinks in Los Angeles with his skating partner Matt Evers ahead of the show’s return on January 15.
But now, Patsy has revealed that she’ll be staying in the UK for the duration of the series so she can throw herself into the competition, telling The Mirror that she’s already brought out her competitive streak.
She said, ‘I’m not competitive, but this time I’m going to say, let’s try to win it.’
“I’m going to focus on training and use meditation, and this will really test me.”
Patsy said she made a pact to “get out of her comfort zone,” adding: “This is for everyone in their 50s. I’m pretty scared now.
Dancing On Ice returns to ITV at 6:30 p.m. on Sunday, January 15.
Life in Malibu: Patsy is now a self-described DJ and founder of a hair oil brand who has just over 9,000 followers on Instagram.