KATE Garraway has suffered a new financial blow after her media firm reported losses of around £300k last year.
The Good Morning Britain star, 58, firm Praespero 100 Ltd has seen its profits plummet in the last 12 months.
Accounts just filed to Companies House show it owed £288,122 for 2024.
In 2023, the company was £165,011 in deficit and just the year before the company was sitting on £36,888.
The presenter was faced with the daunting prospect of paying back £800,000 following husband Derek’s death from covid-related illness early last year.
The cost of caring for Derek during his four-year health nightmare ran into hundreds of thousands of pounds.
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At the same time, Derek’s psychotherapy firm Astra Aspera Ltd – which was jointly controlled by Kate – went bust owing hundreds of thousands to creditors, including a huge sum to HMRC.
Kate was hit with a tax bill for £716,000 after closing down the company, and left with £184,096 of debt.
Kate has been very open about her money struggles and earlier this year revealed she didn’t receive any help for Derek’s Covid recovery.
She said: “Derek’s needs were clearly so great, yet he didn’t warrant funded care — so you think, ‘If he isn’t getting it, then who is?'”
