EASTENDERS star Adam Woodyatt has given his biggest hint yet that he’ll quit acting – by closing down his TV business.
In news that will shock Albert Square fans, the soap legend, who’s played Ian Beale for 36 years until 2021, has liquidated X L Management, the main vehicle for all his telly earnings.
Adam Woodyatt has given his biggest hint that he’ll quit acting for good
The 54-year-old put the business into a “members’ voluntary liquidation” on 17 January, where a liquidator is appointed to formally close a solvent company.
Adam is the main shareholder in the firm, with between 50 and 75% shares, with his ex-wife Beverley owning 25-50%.
According to the declaration of solvency filed at Companies House, the company’s debt includes owing HMRC £260,720 and accruals £20,012.
The pair will also have to find the funds to pay back their directors loan accounts, which now stands at £506,886.
Adam and Beverley announced their shock split in 2020 and got divorced two years later, with Beverley reportedly “delighted” with the settlement after the break up turned toxic when he wouldn’t give her a fair deal.
It seems they’ve set aside any of their differences to come to agreement on how to fold the business and pay off all their debts,
According to the solvency declaration they are due a £173,312 tax rebate and expect, after all assets have been realised, there will be a £413,666 surplus.
The report adds: “[We] do solemnly and sincerely declare that we have made a full enquiry into the affairs of this company, and that, having done so, we have formed the opinion that this company will be able to pay its debts in full together with interest at the official rate within a period of 12 months, from a commencement of the wind up.”
Adam has two other firms, Caledfwlch Ltd and Neat Distillery Ltd, the latter is for his gin brand Neat Gin, which he launched five years ago, and still co-owns with Beverley.
Adam’s rep did not return a request for comment.
