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Jack Fincham's business liquidated after racking up £53k of debt
13.04.2022 - 19:31 / ok.co.uk
Jack Fincham rose to fame thanks to his stint on Love Island in 2018, where the former pen salesman forged a new career for himself. But this January, the star made the decision to liquidate his company, Jack Fincham LTD OK! can exclusively reveal, with records showing the company owed £53,000 in debt. Jack has appointed a voluntary liquidator to take control of the company's affairs and liquidate the business.
Documents on Companies House show Jack chose to enter liquidation for the business he named after himself, and that the company owed £3,000 to HMRC and £50,000 to NatWest after receiving a bounce back loan, which was designed to help businesses through the Covid-19 pandemic. The documents show that there are no assets to cover the debt owed to HMRC and NatWest. OK! contacted representatives for Jack for comment, who said: "The company was set up purely to manage his personal appearances - due to onset of Covid the opportunities for personal appearances was severely restricted and therefore the company was no longer viable." Get exclusive celebrity stories and fabulous photoshoots straight to your inbox with OK!'s daily newsletter.
You can sign up at the top of the page. Jack went on Love Island in 2018, where he was coupled up with Dani Dyer. The pair went on to win the show and scoop the £50k prize, which they decided to split between them.
While their relationship didn't last - with the pair splitting a few months later - their star power did and Jack has gone on to make money thanks to his stint on the show ever since. With over 1.5 million followers, the Kent born star has raked in cash through sponsored posts and club appearances since his time on the Island. Jack has also released his own clothing brand and
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