Gino D'Acampo makes £6 million after pasta chain goes bust for £5 million

This Morning's Gino D'Acampo has made a staggering £6m following the closure of his pasta restaurants, which went bust for £5 million.

Part of the celebrity chef's My Pasta Bar chain racked up the losses before Gino, 47, put the business into liquidation in 2022. The money owed includes £4.8m to trade creditors, £113,975 to HMRC and £53,304 to staff. The chain was wound up in March and previous reports said 49 creditors were not paid.

However, the dad-of-three's other company, Gino D’Acampo Holding Ltd, posted record accumulated profits of £4,893,220 up to April this year - it was £2.55M in profit in 2021.

gino d'acampo makes £6 million after pasta chain goes bust for £5 million

Gino D'Acampo

gino d'acampo makes £6 million after pasta chain goes bust for £5 million

Gino D’Acampo and Fred Sirieix

The TV star also owns his own talent firm MeMs agency - which also represents him - showing that it was £408,197 in profit in 2024. The Italian's other firm Gino D’Acampo Ltd last accounts also revealed accumulated profits of £417,097.

Gino's My Pasta Bar chain, which was launched in 2013 and offered simple pasta dishes, had London branches in Fleet Street, Leadenhall Market and Bishopsgate. Liquidators confirmed earlier this year: “The realisations in the liquidation are insufficient to declare a ­dividend to creditors.”

In October 2020, Gino received a bailout from Sir Malcolm Walker, founder of supermarket giant Iceland, and senior executive Tarsem Dhaliwal, reported the Mirror. The Family Fortunes host, who earns an estimated £2m a year, made his name on This Morning and won I’m A ­Celebrity… Get Me Out of Here! in 2009.

In January 2022, the telly chef said Covid led him to call time on the small chain. Gino clarified: “The Pasta Bar business has got nothing to do with any other business that I do. It’s a standalone business going into liquidation. Sometimes you win and sometimes you lose.” When asked about his comments, the star's publicist and agent declined to comment to the Mirror.

Gino's pasta bars had previously achieved good online reviews. However, in the same year that his business was closed, the TV star told the Daily Mail that he is more focused on making "memories than money".

Declaring that people who over-work could be "missing out" on life experiences, he said: "My suggestion is to stop running, stop working and enjoy what you’ve built up."

Despite the closure of his pasta business, Gino is now said to be filming his controversial TV show after shock accidents on set. The travel show Emissions Impossible is due to come back to our screens despite being axed six months ago. The programme was hosted by Gino and Fred Sirieix but came to an end with a toboggan accident. As well as that, production days in Austria lasted so long that the celebrity chef ended up with a fever.

However, it looks like this wasn't enough to put ITV bosses off cancelling the show for good as filming is set to start up again. Filming was due to start in the Alps in May.

The Sun reported that an TV insider said: "It’s quite unusual for a show to be shelved quite so spectacularly, only to be brought back months later. Usually they end up getting written off completely. But ITV clearly felt like this was worth going the extra mile for."

The Mirror has contacted Gino's reps for comment on this story.

'Follow Mirror Celebs on TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube and Threads

OTHER NEWS

23 minutes ago

QUENTIN LETTS: If Rishi Sunak's trousers were Norman Wisdom, Nigel Farage's cravat was pure Terry-Thomas

23 minutes ago

How you can get unlimited deliveries from Kmart, Bunnings, Priceline, Catch and Officeworks for just $1 with this little-known trick

23 minutes ago

Video: Shane Warne's youngest daughter Summer announces her shock new career move

23 minutes ago

Multi-national luxury lifestyle retailer with storied history immediately shutters its American stores as it files for bankruptcy in the US

23 minutes ago

Beloved father is identified as one of two passengers killed in Carwarp minibus crash that injured nine others

23 minutes ago

Australian business owner smugly admits to only ever visiting a Western Sydney suburb ONCE before opening a store there

23 minutes ago

Luna Park, Sydney: Australia's most famous theme park hits the market

23 minutes ago

Shocking moment thugs armed with Rambo knives fight in the middle of the day on residential London street

23 minutes ago

Labour will turn Britain into the 'asylum capital of the world', Home Secretary James Cleverly warns - amid claims illegal migrants are waiting for change of Government

24 minutes ago

2025 BYD Sealion 7: Tesla Model Y rival locked in for Australia

24 minutes ago

H&R Block director of tax communications reveals the three things you should do before July 1 to boost your tax refund

24 minutes ago

PM Modi recalling past to hide his shortcomings: Kharge on ‘Emergency’ snub

24 minutes ago

VIDEO: Athlete awarded $13M after fall on sidewalk

24 minutes ago

Here's A Megalist Of All The Celebrities At Vogue World 2024 In Paris

24 minutes ago

Draw opens up - England's path through the knockouts

24 minutes ago

MPs back in boost to governor-general's salary

24 minutes ago

Lineker claims England star has been ‘hung out to dry’ by Southgate at Euro 2024

24 minutes ago

Flooded Rapdian Dam brings home dangerously close to collapse

24 minutes ago

Patriots DT Davon Godchaux addresses uncertain contract status

24 minutes ago

New Balance summer sale sees £33 off trainers that are 'like walking on pillows'

24 minutes ago

Elections 2024 live updates: Latimer upsets Bowman in N.Y., while Boebert wins new Colo. district

24 minutes ago

Blue Bombers to put standout receiver Dalton Schoen on six-game injured list

24 minutes ago

‘Strolling upstairs in my jocks’ – All Blacks rookie provides vivid image of Scott Robertson chat in funny interview

26 minutes ago

Taylor Swift spotted wearing Aussie label VRG GRL on date with Travis Kelce, dress sold-out

32 minutes ago

Video: King Charles and Queen Camilla arrive dressed to the nines in royal regalia with Japan's Emperor and Empress as they prepare for state banquet at Buckingham Palace

32 minutes ago

Donald Trump is delivered a blow in Utah's Senate primary election after his 'natural Viagra' candidate loses bid to replace Mitt Romney

32 minutes ago

Chargers News: Chargers Rookie Ladd McConkey Emerges as Top Contender for WR1

32 minutes ago

3 ASX 200 mining shares just downgraded by top brokers

32 minutes ago

Annual inflation jumps to 4 per cent in May

32 minutes ago

Steelers Organization Pushed False Narrative To Smear Kenny Pickett Detailed Coach: 'Those Narratives Were Pushed By People'

32 minutes ago

Chanel need a creative director of vision – this was a treading water couture show

32 minutes ago

Esperance Port braces for impact as Mineral Resources' Yilgarn closure cuts export trade

32 minutes ago

Republicans set sights on divorce laws

32 minutes ago

Kaizer Chiefs’ contract decisions and Nabi’s arrival: What’s next?

32 minutes ago

The Memo: Liberal fears build over Supreme Court Trump immunity decision

32 minutes ago

It's Time for the US to Declare a National Climate Emergency

32 minutes ago

Perseverance Rover Delivers Amazing View Of Ancient Mars River

32 minutes ago

Biden’s high-stakes gamble risks everything – including his nomination – as he prepares for Trump debate

35 minutes ago

Suspected Houthi attacks target a ship in Gulf of Aden and Israeli port city of Eilat

36 minutes ago

Shane Warne's youngest daughter Summer announces her shock new career move