2 organizations owned by Richard Hammond have actually been taken into liquidation in the middle of a ₤ 4m increase for the television speaker.
The 56-year-old increased to popularity for his deal with Oxfordshire farmer Jeremy Clarkson and James May on Top Gear and The Grand Tour.
In 2008, he established Hamster’s Wheel Productions with his then-wife Mindy Hammond.
Mr Hammond and his other half revealed they were ending their marital relationship in 2025.
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According to reports, Mr Hammond at first vacated the household’s home near Ross-on-Wye after the split and hung around living in leased lodging before starting a brand-new chapter of his life in Wales.
When revealing their divorce, the set worried they would stay a household.
Mr Hammond stated at the time: “A little upgrade from us; this Christmas we were together as a household, and this year we will still be a household however simply structured a bit in a different way.
“Our marital relationship is concerning an end, however we’ve had an incredible 28 years together and 2 extraordinary children.
“We will always be in each other’s lives and are proud of the family we created. With Love, Richard and Mindy.”
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Now however, the set’s business has actually been taken into voluntary liquidation, according to Companies House filings.
A Declaration of Solvency file, released recently on Companies House, exposes that the company has ₤ 2.3 million in money and is owed ₤ 1.45 million.
In addition, it has the ability to recuperate ₤ 176,573 from the federal government for corporation tax payments.
The previous Top Gear and Grand Tour star is set to share practically ₤ 4 million with his previous spouse, Mindy, from the business.
This comes in the middle of Mr Hammond’s, Jeremy Clarkson’s and James May’s W Chump and Sons Limited almost settling its liquidation.
Establish as a production business for the Grand Tour when Mr Clarkson signed with Amazon in 2015, W Chump and Sons likewise had executive manufacturer and buddy Andy Wilman.
The name is an acronym for Wilman, Clarkson, Hammond, and May (utilizing the German word “und” for the ‘and’).
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It was taken into voluntary liquidation back in 2024 after their period on the car program pertained to an end.
And with approximately ₤ 24 million in possessions to be dispersed as a last payment, the 4 directors were stated to be in for a healthy payday.
New files sent to Companies House recommend business is nearing completion of being unwinded.
They state that in the duration to April 2026, there was a last money circulation of ₤ 4,373.44 (4p in the ₤).
The speakers and Mr Wilman authorized a repaired liquidators’ charge of ₤ 10,000 plus VAT.
The liquidation is successfully nearing conclusion now as there are no financial institution declares to settle, the business’s properties have actually mainly been dispersed to investors, and the staying work is mainly administrative before the liquidation can be officially closed.
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