Skint Katie Price shuts down another business with £22,000 of debts – weeks before launching TWO new kid’s clothing lines

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SKINT Katie Price’s clothing company is shutting down – leaving debts of £22,000.

The business, KDC Trading Limited, used to sell Katie’s equestrian line and clothing line, but has been hit with a compulsory strike-off notice because she’s failed to file accounts, which means it’s shutting down.

Katie Price shuts down another business with £22,000 of debts just weeks before launching two new kid’s clothing lines
WENN

But Katie’s company still owes £24,213 to creditors – and as Katie has made no secret of her financial issues, it’s unlikely she’ll be paying them back before closing the company.

Katie is currently paying back £12,000 a month under the terms of her IVA.

But when she closes KDC Trading, the £24k debt won’t be added onto the total £856,358 she owes – 41% of the £2.1m debt she ran up – creditors will have to take action against Katie for the money.

But clearly she’s got plans to make the money back – she’s recently revealed that she’s launching two kids clothing companies, one named after daughters Princess and Bunny, another named after sons Junior and Jett.

She promised that a third line, named after eldest son Harvey, is also on the way.

The Sun Online revealed that Katie is demanding £132,000 from a perfume firm that went broke without paying her.

She’s also flogging her old clothes on eBay – making just £66.

But Katie has also splashed out on a series of luxury holidays – six trips in just eight months.

The businesswoman spent an estimated £25,000 on the exotic trips – and has also bragged outside court that when her driving ban is up, she’ll be going luxury car shopping too.

Katie also launched her own Katie Price babywear range in 2010
Getty – Contributor

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