Katie Price has reportedly lost £107,000 on her perfume business as the firm which outsourced the products went bust.
Jigsaw International – which went into liquidation in 2017 – is said to have owed the former glamour model, 41, £132,000, but has only managed to recover £25,000, according to The Mirror.
The firm helped create the reality star’s successful fragrance line, launching Stunning in 2007, Besotted a year later, Precious Love in 2010 and Kissable in 2013.
Financial issues: Katie Price has reportedly lost £107,000 on her perfume business as the firm which outsourced the products went bust (pictured earlier this year)
Records show that the perfume and cosmetics wholesaler’s accounts from February 2016 are still overdue.
Katie’s own calendar company Jordan Trading Ltd was put into liquidation in March 2017 after owing nearly £200,000 to the taxman.
In November 2019, the mother-of-five was declared bankrupt at a court after facing further legal action over her spiralling debts, said to be worth £800,000.
The CBB star had been pursued by creditors and the taxman after revealing she has spent her entire £45million fortune.
MailOnline has contacted Katie’s representatives for further comment.
Bust: Jigsaw International – which went into liquidation in 2017 – is said to have owed the glamour model, 41, £132,000, but has only managed to recover £25,000 (pictured in 2009)
Once-successful: The firm helped create the reality star’s fragrance line, launching Stunning in 2007 (pictured), Besotted a year later, Precious Love in 2010 and Kissable in 2013
Earlier this month, Katie was ordered to hand over £175,000 for revealing a sexually explicit tape of her cage fighter ex-husband Alex Reid, which ‘destroyed his life.’
The businesswoman married Alex, 44, in 2010 and divorced him a two years later in March 2012.
During their relationship, Katie obtained video and pictures of the sportsman performing a sexual act and later disclosed them to friends.
He sued her and at the High Court today Price was told to pay £25,000 in damages and £150,000 in costs.
Difficult: In November 2019, the mother-of-five was declared bankrupt at a court after facing further legal action over her spiralling debts, said to be worth £800,000 (earlier this year)
Judge Mr Justice Warby branded her behaviour ‘persistent, flagrant, arrogant, high-handed and inexcusable.’
Amid her finance issues, Katie disabled her Instagram account, MailOnline exclusively revealed earlier in the week.
The Brighton native made the decision to quit the photo-sharing platform after previously hinting that she needed to ‘take a break’ from the ‘horrible’ world of social media.
Katie has kept her Twitter account, which boasts 1.9 million followers, but has not been active on the micro-blogging site since January.
‘Katie’s Instagram with a following of over 2M has today been disabled,’ a source close to the star confirmed to MailOnline.
‘Following on from her last emotional post Katie has made the move to disable her account. Katie will be returning to social media but not until she is ready to do so.’