BBC The Apprentice winner's company 'goes into liquidation' with huge debt after Lord Sugar cut ties
White's business has 'gone into liquidation'
BBC
The Apprentice winner James White has reportedly found his business in liquidation seven years after being crowned winner of the BBC show.
White secured the hotly sought-after £250,000 investment from Lord Alan Sugar for Right Times Recruitment after winning the 2017 series.
The company is now in a significant amount of debt, with its finances listed on Companies House.
The Sun initially reported White's statement of affairs on June 10 estimated a deficiency/surplus of just under £200,000.
The business reportedly owes HMRC £10,901.10, "52,513.47 to Lloyds Bank and tax consultancy business Mileage Reclaim Limited £100,000.
Sugar, 77, cut ties with the 33-year-old's company back in 2020, with the business magnate no longer being a joint shareholder.
Sugar cut ties with the business in 2020
Getty
White then became the sole-owner and boss of the business.
He said at the time of Sugar's exit: "I am very grateful for everything Lord Sugar has done for me. The knowledge and advice gained from Lord Sugar and his team has been invaluable."
Speaking to Metro, Sugar also commented on the move, adding: "I wish James all the very best for the future and will follow his progress with interest."
White's win came as the show celebrated its first-ever double win, with the businessman sharing the crown with Sarah Lynn.
The duo won the 2017 series together, making history as the first double winners
BBC
White told Metro at the time: "I didn’t think it was possible that there could be two winners."
GB News has contacted White's representatives over the reports.
Meanwhile, Sugar continues to shock fans of the show, with this year's conclusion to the series causing some to claim he had "gone soft".
It came as the series ended in April, and left some fans baffled after Rachel Woolford was crowned champion.
LATEST DEVELOPMENTS:
Lord Alan Sugar has invested millions into Apprentice winners
PAFans noticed that this was the second year in a row that Sugar had invested in a fitness business and claimed his decision was "boring."
It came after Woolford and Phil Turner had gone head-to-head in the finale, where they had to launch their business, create a new brand for the company, produce a digital billboard and direct and edit a television advertisement.
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