Holly Willoughby’s media company handed huge lifeline over tax debt

Holly Willoughby’s media company handed huge lifeline over tax debt

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Another chance to avoid being bought out by Holly Willoughby’s media empire has been provided. His Majesty’s Revenue & Customs (HMRC) earlier this year issued a winding-up order to Roxy Media, the media production and management company run by the TV host and her husband, Dan Baldwin, according to court documents.

The Insolvency and Companies Court heard at a hearing in April that the company owed tax amounts of £377, 000, which had been reduced from an undetermined amount. To allow the payment of the debt, the case was adjourned for 12 weeks.

No information was provided as to whether the debt had been paid in full or partially, but Charlotte Cooke, for HMRC, told the court at a hearing on Wednesday that the business was requesting that the company bring the matter before a tax tribunal.

(Gareth Cattermole/Getty Images) Holly’s business has received a significant lifeline.

She continued, “I’m aware that the business has requested that we hear later.” That is opposed, we believe. She continued, “This has been going on for a long time.”

No details about the challenge were provided in court, despite the company’s representative’s assurance that it would go before a tax tribunal. According to Mr. Collins, the business was awaiting the hearing date for the tribunal appeal.

The case was adjourned until August 20 by Insolvency and Companies Court Judge Sally Barber. With her husband’s assistance, Whitby founded the business to concentrate on managing media clients. According to records on Companies House, she and Mr. Baldwin were both hired in 2014 as company directors.

She and her husband Dan Baldwin founded the company
The company, Getty Images Europe, was founded by her and her husband, Dan Baldwin.

In an earlier statement, a HMRC spokesman said that “we only file winding-up petitions once we’ve exhausted all other options in order to protect taxpayers’ money” and that we take a supportive approach to dealing with customers who have tax debts.

The presenter is best known for formerly appearing on the ITV daytime program This Morning in 2009 before deciding to resign in 2023 to spend more time with her family.

However, Holly’s career has suffered a significant setback due to her not just her company. The presenter also hosted Dancing On Ice on ITV between 2006 and 2011, which aired on the network until it was over in 2025. Due to declining viewership, the network decided to stop showing it after almost 20 years of it.

In stark contrast to the 2.4 million viewers who tuned in for the series’ opening episode, the program attracted 12 million viewers at its peak. In addition, the most recent final, in which Coronation Street actor Sam Aston won the renowned trophy, only managed to draw in 2.7 million viewers home.

However, that is not the end all. Despite being popular with viewers, her show, Celebrity Bear Hunt, has reportedly been discontinued by streaming service Netflix due to the excessive cost of production.

Everyone on the show was “absolutely gutted,” according to a source who spoke to The Sun. They continued, “But it was completely untenable given the overall cost of travel, insurance, and, of course, securing big-name talent – even after they considered making more of a budget show and filming closer to home.

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Source: Mirror

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