Ant Middleton is best known for being a hardman asshole on ‘SAS: Who Dares Wins’ and I’m pretty sure that he’s always fancied himself as somewhat of a businessman too, but it looks like those goals were a bit misguided as his company has just gone bust owing £1.2 million to the taxman.

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Middleton set up the company Middleton Global Inc, back in 2014 before changing its name to Sway and Starting somewhere prior to its recent liquidation. Crucially, the firm failed to pay off its debts as of December 5th 2022, owing almost £1.2 million to the taxman and £3,318 to additional creditors whilst Ant recently enjoyed a £2.7 million director’s loan with a note saying that it’s unsure how much of that money will ever be paid back. Hmmmm.

Here’s what Middleton’s spokesperson had to say about the news:

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Due to the impact of lockdowns on Ant’s work and the associated adverse effects on the company, unfortunately Middleton Global Limited has had to be placed into voluntary liquidation.

Ant has an extremely busy year ahead and is focused on his TV work, brand deals, books and events.

Really giving a clear picture of events there isn’t it? I’m not sure how many people know this, but a lot of the time company directors just give themselves massive loans like Ant has done with no intention of ever paying them back, then just liquidate the company so they can keep all the money themselves and avoid ever repaying their creditors.

Somehow that’s legal and way more common than you think. I think there’s some legislation meaning you can’t own a company for so many years after that, but there are enough loopholes that people like Middleton just get around it. Money can buy you whatever you want basically, except integrity. But when you’re rich who cares about that?

For more of the same, check out Ant Middleton moving to Australia because the UK is too pretentious for him. OK mate.