Coronation Street star Simon Gregson ‘owes £165,000 to the tax workplace and financial institution’ and is now being probed by the Government
Coronation Street actor Simon Gregson is reportedly under investigation following the collapse of his production company, which owes £165,000 to HMRC and a bank.
Liquidators, brought in to break up Simon Gregson Productions Ltd, have filed a report to the Government regarding Gregson’s conduct as a director, The Sun reports.
The report, submitted under the Company Directors Disqualification Act 1986, was allegedly sent to the Department for Business, Energy & Industrial Strategy (BEIS).
Although the details remain confidential, the liquidators have reportedly demanded repayment of £252,000 transferred from the company’s funds into an account controlled by the actor.
The liquidators have concluded in official documents that there are no remaining avenues to reclaim the actor’s debts, the newspaper has claimed.
In a statement, the liquidators said: ‘As this is a confidential report, we are not able to disclose the contents.
‘Shortly after our appointment, we made an initial assessment of whether there could be any matters that might lead to recoveries for the estate and what further investigations may be appropriate.
‘This assessment look into account information provided by creditors either at the initial meeting or as a response to our request to complete an investigation questionnaire.
Simon Gregson is under investigation following the collapse of his production company, which owes £165,000 to HMRC and a bank
A report into Gregson’s conduct has been sent to the Government (pictured in Coronation Street)
‘Our examinations have not revealed any issues requiring further investigation.’
The MailOnline has contacted Gregson’s agent for comment.
But despite his financial troubles, Simon Gregson, 50, reportedly earned a £250,000 fee from his 2021 appearance on I’m A Celebrity… Get Me Out of Here! and is said to earn £150,000 annually from his role as Steve McDonald on Coronation Street.
However, his production company struggled during the pandemic, forcing him to take drastic measures to address the mounting debt.
Speaking on Good Morning Britain, Gregson admitted he signed up for the jungle reality show because ‘the money is good’ and it was ‘enough to get him out of trouble’.
He even jokingly compared the fee to a ‘solid gold diamond goblet.’
Gregson’s company officially went into liquidation on November 9, 2023, leaving significant debts, including £125,002 owed to HMRC, £35,000 to Coutts Bank for a Covid loan, and £5,002 to trade and expense creditors.
Gregson attempted to chip away at the debts by selling old office furniture in January 2024 and agreed to pay back creditors £1,500 a month.
According to the liquidators’ report, £9,000 has been repaid so far.
If the remaining balance is not settled within 36 months, Gregson has been advised the debt will need to be cleared through the sale of his home.
The Bounce Back Loan Scheme, designed to support businesses hit by the pandemic, formed part of the debts owed by Gregson’s company.
The Coronation Street actor, 50, has blamed a ‘court paper error’ for the confusion surrounding the status of his relationship with Emma (pictured with wife Emma in 2017)
![Simon first appeared in the ITV soap in December 1989 when he was just 15-years-old, and instantly became a household name as millions of viewers tuned in to watch his exploits as tearaway teen Steve McDonald [pictured in 1991]](https://i.dailymail.co.uk/1s/2025/01/13/23/89351245-14280593-Simon_first_appeared_in_the_ITV_soap_in_December_1989_when_he_wa-a-5_1736809912141.jpg)
Simon first appeared in the ITV soap in December 1989 when he was just 15-years-old, and instantly became a household name as millions of viewers tuned in to watch his exploits as tearaway teen Steve McDonald [pictured in 1991]
Earlier this month the actor admitted ‘I didn’t think I could come here today’ as he openly discussed his struggle with anxiety attacks live on Loose Women
It has now been reported that the couple have ‘no idea’ why the report lists Emma as Simon’s estranged wife (pictured in 2010)
However, the ITV star’s efforts to save the business were ultimately unsuccessful.
The investigation by BEIS will determine whether any further action is required regarding Gregson’s conduct as a director.
In the meantime, the actor faces the daunting task of repaying creditors and resolving the financial fallout from his company’s collapse.
The news of the liquidator’s conduct report comes after Gregson was forced to deny claims he had separated from his wife Emma.
The soap star blamed a ‘court paper error’ for the confusion surrounding the status of his marital relationship.
It was first assumed Simon and Emma had split after she was referred to as his ‘estranged wife’ in court documentation about his repayments to his firm.
However it has now been reported that the couple have ‘no idea’ why the report lists Emma as Simon’s estranged wife.
A source told The Mirror: ‘Simon and Emma have not split and are still very much together. Simon has no idea why Emma is listed as his ‘estranged wife’ in financial paperwork.’
The actor first appeared on Corrie in December 1989 when he was just 15-years-old, and instantly became a household name as millions of viewers tuned in to watch his exploits as tearaway teen Steve McDonald.
Earlier this month the actor admitted ‘I didn’t think I could come here today’ as he openly discussed his struggle with anxiety attacks live on Loose Women.
He appeared on the panel to discuss his journey and coping strategies, hoping to provide support for others experiencing similar struggles.
