Katie Price Dissolves Equestrian Clothing Brand as Financial Pressures Mount

Katie Price has quietly dissolved her KP Equestrian Ltd clothing venture, which once generated revenue through riding wear sales at equestrian events.

3 dk okuma 4 görüntülenme
katie price

Katie Price has dissolved her equestrian clothing business, KP Equestrian Ltd, after the company was removed from the Companies House register this week. The firm held just £1,000 in its bank account and net assets of approximately £15,000, marking a significant decline from its £26,000 valuation in 2022. The closure arrives as her husband, Lee Andrews, faces legal bills and fines exceeding £100,000 to £120,000 stemming from his recent detention in a Dubai correctional facility.

İçindekiler

The Equestrian Venture

KP Equestrian Ltd sold a range of products designed for horse enthusiasts, including riding leggings, body warmers, hoodies, and t-shirts for adults and children. Price originally launched the brand on September 3, 2008, closed it in 2017, and relaunched it on December 3, 2021, positioning it as a passion project rooted in her lifelong connection to horses. She promoted the collection at equestrian events and set up stalls to sell clothing directly to customers. On the company's website, Price described horses as her "happy place" and explained that equestrian activities provided an escape from the demands of her public career.

Signs of Decline

Evidence of the business's dormancy had been visible for some time. The brand's Instagram account remained inactive for two years, its website disappeared, and the online store that previously featured ex-fiancé Carl Woods modelling the collection has vanished. The financial accounts tell a stark story: the company's value dropped from over £26,000 in 2022 to just £15,000, with cash reserves depleted to a single thousand pounds.

Broader Financial Strain

The dissolution represents another setback in Price's ongoing financial difficulties. She originally launched the equestrian range after it emerged that she owed more than £3 million. When asked about her husband's mounting legal obligations in an interview, Price stated clearly: "There's nothing I can do. I'm not here to pay anything for anyone. I've got my own life. Even though he's part of my life." Her refusal to contribute to Andrews' financial liabilities underscores the separation between her finances and his legal consequences.

What was KP Equestrian Ltd?+
KP Equestrian Ltd was Katie Price's clothing company that sold riding wear including leggings, body warmers, hoodies, and t-shirts for adults and children. She launched the brand in 2008, closed it in 2017, and relaunched it in 2021 as a passion project inspired by her love of horses.
Why did Katie Price close the business?+
The sources do not disclose Price's specific reasons for the closure. However, financial records show the company had declining reserves—dropping from £26,000 in 2022 to £15,000 by the time of dissolution, with only £1,000 in liquid cash. The brand's social media went inactive two years ago and its website disappeared, indicating the business had already ceased active operations.
How much money did the company have?+
According to the latest accounts filed at Companies House, KP Equestrian Ltd had £1,000 in its bank account and net assets of approximately £15,000. This represented a notable decrease from 2022, when the company was valued at more than £26,000.
Will Katie Price pay Lee Andrews' prison fines?+
No. Katie Price has explicitly stated that she will not contribute to her husband's legal bills and fines. She told The Sun: "There's nothing I can do. I'm not here to pay anything for anyone." Lee Andrews faces legal obligations exceeding £100,000 to £120,000 related to his detention in Dubai.
How many businesses has Katie Price closed recently?+
The sources confirm the closure of KP Equestrian Ltd but do not provide a comprehensive count of other recent business closures. The equestrian brand closure is presented as another financial setback amid her wider financial difficulties, which began after it emerged she owed over £3 million.

Bülten Aboneliği

Haftada bir, teknoloji ve dijital dünyadan seçtiklerimiz e-postanda. Spam yok, sadece içerik.

Benzer Haberler

Yorumlar

0
Henüz yorum yok. İlk yorumu sen yap!
app store'da indir