Love Island's Cara De La Hoyde shuts down her company with £89k debt – and it owes £25k to the tax man
11/26/2024 04:10 AM
LOVE Island winner Cara De La Hoyde has shut down her company with £89k debt – and it owes £25k to the tax man.
The 34-year-old star is married to fellow Love Island winner Nathan Massey, and they share two children together.
Cara set her business up two years before she won Love Island series two with Nathan.
Her business was named Cara Da Lay Hoyde Limited, which is now reporting £90,000 worth of debt in insolvency paperwork.
Filings at Companies House reveal the private firm into which she channels her earnings has gone into liquidation.
A Statement of Affairs signed off by the reality TV star on 11 November revealed two unpaid taxbills and an unpaid bank debt.
Cara's firm owes VAT at £41,516, Corporation Tax owed at £25,877 and £21,569 to National Westminster Bank.
Liquidators Begbies Traynor found nil assets on Cara's books with which to pay the bills, with £7,744 owed by the reality TV star described as 'uncertain' in its 'estimated to realise' value.
And the total estimated debt for the firm amounts to £89,063.
The Sun has contacted Cara’s representative for comment.
Cara's company's line of work was reported on Companies House as 'other service activities not elsewhere classified.'
Its early income was modest and returned a £1,925 profit in its first year of trading – but its subsequent trading subdued despite her victory in the villa.
With 2017's reporting just £66 in retained earnings, its ongoing profits peaking at £2,124 in 2021, with last accounts reporting retained earnings at £734.
Cara and Nathan still have a business together called Delamassey – which they set-up together in July.
Back in September, Cara revealed she was planning on pulling her kids out of school to live abroad.
Speaking on The School Runway podcast, the former reality star said she’s planning on moving to Portugal by next summer with her family.
Love Island winners - where they are now
EVERY year Love Island opens its doors to more sexy Islanders who are hoping for a holiday romance that could turn into more.
Here we take you through all of the Love Island winners so far and what their relationship statuses are now:
2024 – The first ever All stars spin off show was won by Molly Smith and Tom Clare. STATUS: Still together.
2023 –Jess Harding and Sammy Root took home the 50k, and won the summer 2023 Love Island. STATUS: Broken up.
2023 – The first series of 2023 saw Sanam Harrinanan and Kai Fagan crowned Love Island winners in South Africa. STATUS: Still together.
2022 –Davide Sanclimenti and Ekin-Su Cülcüloğlu’s time in the villa was anything but a smooth ride, but they managed to win the public’s hearts – and the ITV2 reality show. STATUS: Broken up.
2021 –Liam Reardon and Millie Court were announced winners of Love Island 2021.STATUS: Still together.
2020 – The first ever winter Love Island saw Paige Turley and Finn Tapp crowned winners after falling in love on the show. STATUS: Broken up.
2019 – Series 5 saw Tommy Fury and Molly-Mae Hague runners up to winners Greg O’Shea and Amber Gill, who met in the last few days of the series. STATUS: Broken up.
2018 – It wasn’t surprising fan favourites Jack Fincham and Dani Dyer won the show, as they were strong throughout. But sadly things didn’t last. STATUS: Broken up.
2017 –Kem Cetinay and Amber Davies had lots of ups and downs in the villa but went on to win. STATUS: Broken up.
2016 – Nathan Massey and Cara De La Hoyde were together from the start of the series, and since they won the show they’ve had two kids and are married. STATUS: Still together.
2015 – Despite poor Jess Hayes being Max Morley’s second choice on the show, they did win – but they didn’t last as a couple. STATUS: Broken up.
The-mum-of-two said she is “so done with this country” and wants a better life for her kids.
“It’s not just a random place,” Cara said, explaining that Nathan already having family there helped them make their decision to move.
“I know nowhere is completely safe and nowhere is idyllic,” she continued, but noted that Nathan’s cousins found it to be very safe as teens.
“It’s not like here where you’d be terrified to let your children go out,” she said.
The mum confessed that after going over there this summer they were planning another trip for this month to look at schools and different areas.
The family originally stayed in a friend’s house when they visited and loved it so much they knew they wanted to put down their own roots there.
“It’s just a nicer lifestyle, outside the weather‘s nicer all year, they can come home from school and not be on Fortnite and go out instead,” she added.
The move is another step away from the spotlight for Cara, who previously revealed that she “spiralled” saying goodbye to her glamorous Love Island life after the birth of her first child.
