Katie Price’s horse riding company is £12,000 in debt and has just £600 in the bank
Bankrupt Katie Price was hoping to turn her fortunes around when she launched her own equestrian business two years ago, but it looks to have failed
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Katie Price reveals how her love for horses helped her in the Priory
Katie Price’s horse riding business is thousands of pounds in the red.
The glamour model, 43, who is known for her love of horses, launched her equine venture KP Equestrian back in 2020.
The company sells horse riding wear for men, women and children, ranging from jodhpurs and bodywarmers to hoodies and waterproof jackets, with prices reaching up to £59.99.
But accounts reveal that after less than two years of trading, the business has just £636 in the bank.
Documents filed to Companies House – and seen by The Mirror – show that despite the company being worth £21,084, it owes £12,460 to creditors.
Katie has ridden horses since she was a little girl
Image:
( YouTube)
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This will come as a blow to Katie who was declared bankrupt two weeks before Christmas in 2019.
Once worth a whopping £45 million, she has managed to blow her entire fortune over the years.
At one point she was even in danger of losing her home – dubbed Mucky Mansion – after being told she was no longer solvent.
But TV deals – including a home makeover show of her West Sussex pad – seemed to have got her back on track.
She has also recently turned back to her glamour model roots and posed for photos again, as well as joining adults-only site OnlyFans.
She launched her own range of equestrian wear in 2020
Image:
( Instagram)
No doubt Katie was hoping to replicate Kerry Katona ’s good fortune on the platform, who went on to earn £1 million after being declared bankrupt.
Katie – who is currently on a social media hiatus – said at the time of her launch: “I want to make a stand for all women and my OnlyFans channel will be about 100 per cent body positivity.
“I see my OnlyFans channel as a place I can feel secure, confident, empowered and beautiful. Yes, there will be some glamorous shots, because as everyone knows I love being in front of the camera.
She added: “But more importantly, this will be a place for me to share my world and my adventures with my closest supporters in my own authentic voice.”
Katie has had yet another boob job in a bid to relaunch her modelling career
Image:
( YouTube)
Despite her modelling credentials – and her biggest boob job yet – her account has so far failed to hit the spot.
The mum-of-five has had to resort to flogging her clothes on Depop in a bid to make some money again.
While some items are listed for £10, she is trying to sell a pair of mucky white sliders for £250.
The clear out comes as Katie prepares for her next bankruptcy trial – after avoiding another court appearance in February thanks to striking a last-minute deal to pay off her debts.
The Mirror has reached out to Katie’s representatives for comment.
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