Jason Donovan's company only had £4,000 in the bank before he started Dancing On Ice, it's claimed.
The former Neighbours star's firm Chipvelvet Ltd had just £4,105 in reserves, according to its latest figures filed at Companies House, seen by The Sun.
He is thought to be getting at least £20,000 from appearing on Dancing On Ice.
Jason, 52, is likely to hold money in other accounts, but he has reportedly been hit hard by the pandemic like many artists.
His main source of income is from touring and personal appearances, which probably won't happen again until 2022 as the coronavirus lockdown continues indefinitely.
Chipvelvet was set up 31 years ago for "artistic creation" and was making £600,000 profits in its heyday.
It's not known how much Jason has been paid for Dancing On Ice, but in previous shows the minimum contestants received was £20,000.
Pamela Anderson received a record fee of £150,000 in 2013.
Jason also makes money as an artist and sells his creations on his website.
On Tuesday, he created a special painting for Australia Day.
The Mirror has contacted Jason Donovan's reps and is awaiting comment.
It comes after Jason said he is refusing to do dangerous lifts on Dancing On Ice in case injuries put him out of action for the rest of the year.
He told OK! magazine : "My wife is worried about me getting injured, and so am I.
"If you've had a year like 2020 and you haven't really been earning and everything shifts to 2021 and you suddenly find yourself in A&E with a broken arm or leg, it doesn't bode well for cash flow."
