Kate Garraway has suffered a fresh financial blow as her media company lost £288,000 in 2024.
The Good Morning Britain presenter has faced a slew of money issues in recent months, including racking up between £500,000 and £800,000 of debt from caring for her late husband, Derek Draper.
Draper died aged 56 in January 2024 following a four-year battle with long Covid.
The 58-year-old was left “shocked” by a huge tax bill from Draper’s defunct psychotherapeutic company.
It has been reported that she is selling her second home, a £2 million townhouse in Islington, north London, to pay off some of her debts.
However, it appears her money troubles aren’t over as the company she set up in 2021 to handle her media earnings has reported losses of £288,122 in 2024, MailOnline reported.
Praespero 100 Ltd, of which Garraway is the sole director, reported £165,011 in losses in 2023 and a £36,888 surplus in 2022, according to accounts filed to Companies House.
The firm is listed as being in the business of “radio broadcasting, television programming and broadcasting activities and management consultancy activities other than financial management”.
The Standard has contacted Garraway’s representative for comment.
Last month, it was reported that Garraway has had to sell her three-bed, four-storey townhouse in London, which she and Draper bought for £550,000 in 2004.
The property had been up for rent for £6,750-a-month, but is now in the process of being sold, confirmed by the Land Registry Office, according to MailOnline.
The home is reportedly expected to sell for £2 million.
Last January, it was claimed Garraway was considering selling her main family home, a five-bedroom house in Muswell Hill, London.
Garraway - whose phone was recently stolen in London - was left with huge amounts of debt from caring for Draper, her husband of 18 years.
She said she was facing “excessive, unpayable debt” as she clashed with Health Secretary Wes Streeting on GMB in January.
The broadcaster revealed the £16,000 monthly cost of her late husband's care was more than her ITV salary and had resulted in her racking up huge debts.
“At the time of his death, there were two appeals that hadn't been heard for funding,” she told Streeting on GMB.
“It kept on getting pushed back and pushed back. In the meantime, and I'm lucky I've got an incredible job which is well-paid, I was having to fund the situation.
“Now I've got excessive, unpayable debt because of it, and if I'm in that position, what are other people going to be? People can't afford four more years of this?"
