Gino D’Acampo’s My Pasta Bar chain has gone under after running up debts of £5million, with the Italian TV chef calling in liquidators after the firm lost thousands over its 10 years in business – while staff are still owed £37,000 in wages.
Mr D’Acampo, 45, is understood to earn around £2 million annually from television work, including hosting Family Fortunes and regular appearances on This Morning.
A former ITV’s I’m A Celebrity…Get Me out Of Here! winner, he is also an ITV’s I’m A Celebrity… Winner.
However, the celebrity chef’s chain owes £4,939,332 to 49 creditors, in addition to £113,975 to HMRC and £37,887 in staff wages, according to paperwork lodged with Companies House.
Accounts from the parent company show it has £1.65m in investments, which includes £821,494 in property, The Sun reports.
London has all three My Pasta Bars.
Fleet Street opened the first store in 2013. Followed by Leadenhall Market, Bishopsgate and Bishopsgate were open in 2013.
Gino D’Acampo, celebrity chef, is pictured at the ITV set of This Morning
London is home to all three My Pasta Bars. Fleet Street opened the first My Pasta Bar in 2013. Followed by Leadenhall Market, and Bishopsgate.
Gino D’ Acampo My Pasta Bar, Leadenhall Market in London. One of the three locations in this city
Gino (centre) pictured with Fred Sirieix (left) and Gordon Ramsay (right) while filming Gordon, Gino, Fred Go Greek for ITV
Gino also hosts Family Fortunes on ITV and is believed to earn around £2 million from his television work
Gino appears on This Morning with Holly Willoughby, Philip Schofield, and Holly Willoughby
Gino De’Acampo’s my Pasta Bar, Fleet Street London. The chain has gone into liquidation after running into a £5m debt
Gino’s experience at the Naples food market inspired the creation of this chain of restaurants. The menu also features Gino’s own breakfast rotolini pastries as well as authentic antipasti and salads.
The independent restaurant Gino D’Acampo, which has locations in Birmingham, Manchester and Harrogate as well as Liverpool, Liverpool, Hull, remains unaffected.
After facing losses before lockdown, Sir Malcolm Walker from Iceland was able to bail out the chain.
These individuals are now part of Iceland’s Individual Restaurant Group.
Mt D’Acampo’s Agency has been reached for comment.