Mark Wright suffered a £20,000 loss when the company he helped set up his fitness business goes bankrupt
Mark Wright’s fitness app Train Wright has been hit with a £20,000 loss after the company he used to set it up went bankrupt.
The former TOWIE star, 35, set up the healthy living app to help keep people fit during the coronavirus crisis.
He enlisted funds from Captalyst Global to get the app — which costs users £7.42 per month — up and running.
Compensation: Mark Wright’s fitness app Train Wright has been hit with a £20,000 loss after the company he used to set up the business went bankrupt
Filings with Companies House show Mark now owes more than £20,000 after Capatalyst Global co-founder George Gazzard put the company into liquidation.
79 companies are in debt of more than £540,000 over the company’s demise, which has an estimated loss of £258,000.
Mark is not the only celebrity to owe money from the company, and several celebrities have used this to fund their business before.
Tom Daley – who launched the knitwear brand Made For Love with Captalyst Global – also owes money.
Company: Former TOWIE star, 35, set up healthy living app to keep people fit during coronavirus lockdown
Former Love Island star Alex George is also owed money after using the company to launch his over-the-counter Prescribd products.
Giovanna Fletcher owes £41.82 after the company helped launch its Happy Mum Happy Baby brand.
MailOnline has reached out to representatives for Mark Wright for comment.
Mark has spent nearly two years redesigning his ‘dream home’ in Essex with his wife Michelle Keegan.
Liquidation: Filings with Companies House show Mark now owes more than £20,000 after Capatalyst Global co-founder George Gazzard put the company into liquidation
As the mansion nears completion, the star recently revealed what his “house rules” are for visiting guests.
Earlier, the presenter indicated that they should take off their shoes in the pad, but he has said that he also wants his guests to feel at home during their visit.
The former TOWIE star explained to The Sun that he wants guests to feel at home, without asking.
He said, “My only rule with people is that when you come to my house, I want you to feel like it’s yours. Don’t ask, just go to the closet, grab what you want and feel at home.’
But there may be one more rule, as he admitted on Instagram last month to admit that the house will be a “no shoe zone.”
Mark took video of the new cream carpets as they were being applied and told the camera: “The color is being revealed…and this is why when you come to this house you will never wear shoes or socks, you will wash your feet.’
Impressive: Mark spent nearly two years redesigning his ‘dream home’ in Essex with wife Michelle Keegan