Apprentice winner’s small business set up with Lord Alan Sugar goes bust and owes practically £2 million

Apprentice winner's business set up with Lord Alan Sugar goes bust and owes almost £2 million

APPRENTICE winner Joseph Valente’s business has long gone beneath and he now owes just about £2 million.

In accordance to The Mirror, The businessman, who received the 2015 version of the show, established his organization up with enable from enterprise magnate Lord Alan Sugar but now finds himself in a tricky problem.


Joseph Valente company ImpraGas has long gone bustCredit score: BBC – Examine copyright

Valente ran a plumbing outfit named ImpraGas and just one creditor claimed it commissioned do the job and thinks Joseph knew his company was battling.

Nathan Oselton, of 1 Word Graphics, is owed £2500 and experienced his say on the matter.

“I feel rather indignant and mad about the way the enterprise has behaved, it has constantly been a bit of a struggle getting paid.”

He included: “My accountant has seemed at the paperwork from the liquidators and it does not glimpse like he was building cash for fairly a while.”

Joseph won The Apprentice in 2015


Joseph won The Apprentice in 2015Credit history: PA:Press Affiliation

Valente owes a further fewer than impressed manager tens of thousands of pounds and he commented: “I don’t think you could print what I truly want to say about him.”

The 30-12 months-aged started out the organization just after he gained the competitors and gained £250,000 expense backing from Lord Sugar himself.

At the time he confidently said: “I’m the definition of success I’m the godfather of enterprise and I’m listed here to make Lord Sugar a whole lot of income.”

Valente took whole regulate of the corporation in 2017 but just in advance of the lockdown began in March, the organization went into creditors’ voluntary liquidation, with Valente going as far as to blame Brexit and last year’s warm winter season.

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The Apprentice has been cancelled this year due to the coronavirus


The Apprentice has been cancelled this yr thanks to the coronavirusCredit history: BBC

Final The Sunlight Online reported that the BBC will not air a sequence of The Apprentice this calendar year owing to the coronavirus crisis.

It will be the to start with time admirers miss out on the yearly exhibit due to the fact it begun in 2005.

Just after crunch talks at the close of past 7 days, producers have made the decision it would be far too hard to shoot abroad problems and maintain even relaxed social distancing.

In its place, they have opted to screen highlights from earlier several years.

Carina Lepore wins The Apprentice 2019 soon after Lord Sugar chooses to invest in her artisan bakery business

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About the Author: Rusty Kemp

Tv ninja. Lifelong analyst. Award-winning music evangelist. Professional beer buff. Incurable zombie specialist.

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