Joey Essex facing legal action and huge fine as money-making company is thrown into chaos
JOEY Essex is at risk of criminal prosecution due to the alleged mismanagement of his personal company.
The 33-year-old’s firm Joey Essex Management Ltd is in a mess as it hasn’t filed accounts for FOUR years – and is at threat of being struck off.
It’s a criminal offence not to file accounts on time, which is usually nine months after the end of a business’s financial year.
Joey Essex Management, which lists Joey as sole director and overall control, last accounts were made up to June 2018 and, according to Companies House records, its accounts are well overdue.
It should have posted 2019 accounts by March 2020 – which means it’s four years and three months late.
The accounts for 2020, 2021, 2022 and 2023 haven’t been filed either.
Joey’s accountants however, are satisfied everything is in order.
The law states that a director can be personally fined and have a criminal record for not filing accounts on time.
For not filing in the first year, the penalty is £1,500.
It doubles for the second year and carries on increasing.
If the offending firm persists, it’ll be struck off and the director could be disqualified.
Insiders claimed Joey is lucky that his company hasn’t been dissolved earlier as it’s so late with its accounts.
The reason is unknown especially as the firm did have a healthy set of figures in its last account six years ago.
It had £458,788 in reserves.
The government website warns: “Not filing your confirmation statements, annual returns or accounts is a criminal offence – and directors or LLP designated members could be personally fined in the criminal courts.
“Failing to pay your late filing penalty can result in enforcement proceedings.
Love Island line-up 2024
Love Island is back on the box with a brand new batch of sexy islanders all looking for love this summer.
The Girls
- Grace Jackson – Stunning model Grace Jackson is Joey Essex’s ex.
- Tiffany Leighton – Tiffany Leighton is a HR coordinator from Hertfordshire.
- Uma Jammeh – Since arriving in the villa Uma Jammeh has turned a few heads and knows what she wants
- Samantha Kenny – Liverpool lass Samantha Kenny is a 27-year-old works in a beauty salon as a make-up artist.
- Mimii Ngulube – Student nurse Mimii Ngulube has swapped Portsmouth for Majorca.
- Jess White – Shop manager Jess White hails from Stockport.
- Harriett Blackmore – Harriet Blackmore is good pals with YouTuber Saffron Barker.
- Nicole Samuel – Account manager and former champion dancer Nicole Samuel is a 2024 Islander.
The boys
- Wil Anderson – Hunk in trunks Wil Anderson stands at 6’4 in height.
- Omar Nyame – PE teacher Omar Nyame is hoping to turn heads in the villa.
- Joey Essex – Towie legend and reality star OG Joey Essex was a surprise bombshell.
- Ciaran Davies – Welsh rugby hunk Ciaran Davies is in the plush villa.
- Sean Stone – Sean Stone runs a sweet firm and is hoping he is just as sweet with the ladies.
- Ayo Odukoya – Meet Ayo Odukoya who is a footballer and former model.
- Ronnie Vint – The Sun revealed how Ronnie Vint – who is best mates with Olivia Attwood’s hubby Bradley Dack – is in the villa this summer.
Dumped:
- Patsy Field – Influencer Patsy Field went in week two.
- Munveer Jabbal – Munveer Jabbal also left the villa in week two.
- Sam Taylor – Hairdresser Sam Taylor was first to go after Joey Essex stole his girl.
“Any criminal proceedings for not filing confirmation statements, annual returns or accounts is separate from (and in addition to) any late filing penalties issued by Companies House against the company.”
Since then, Joey’s been busy opening up new firms, as he sets his sights on video production.
He’s set up The Top TT Ltd and Fusey Productions Ltd in September and October 2023 respectively.
Joey is currently on Love Island‘s 11th series – and is set for a shock tonight when his ex Grace Jackson arrives as a bombshell.