The Apprentice winner's company 'goes into liquidation' with '£200,000 debt' to pay
James White starred on the 13th series of The Apprentice back in 2017 and ended up becoming the first joint winner alongside co-star Sarah Lynn.
Seven years after winning The Apprentice, James White's recruitment firm is said to have gone into liquidation, meaning he has over £200,000 worth of debt to pay.
The businessman shot to fame on the 13th series of the BBC One show back in 2017 and made history by becoming the first joint winner alongside his co-star Sarah Lynn.
Despite winning Lord Sugar's £250,000 investment, James' company Right Time Recruitment reportedly owes £10,000 to HMRC and other creditors, according to The Sun.
Just three years after investing in the business, the business tycoon decided to withdraw from the company, leaving James the sole business owner.
According to the aforementioned publication, James is said to have appointed a liquidator to help close Right Time after his unfortunate cash woes.
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As well as the money he owes HMRC, the recruitment firm for IT and consultancy industries also reportedly owes more than £52,500 to Lloyds Bank and £33,000 to a secretarial company.
The company’s Statement of Affairs said it expected there to be a "total deficiency" of £199,763.71.
Express.co.uk has contacted James' representative for comment.
Lord Sugar released a statement at the time of his parting ways with James. It read: " I wish James all the very best for the future and will follow his progress with interest."
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James also released a statement as he expressed his gratitude to the businessman for believing in him.
"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," he explained.
Following his win in 2017, James admitted he was shocked to be a joint winner as he told Metro.co.uk at the time: "I didn’t think it was possible that there could be two winners.
"I think if you’d had two finalists with similar businesses it would have been easier to pick one winner but because Sarah and I are so different, it must have been too difficult to choose and in his head he was thinking 'I could have both of them'."
