Antiques guide couple sunk by pounds 2.9m debts
Saturday 13 April 1996
Martin and Judith Miller, who now live apart, made a fortune from sales of the guide, but now face personal losses of more than pounds 2m.
Mrs Miller is the co-presenter with Ross Benson of the Channel 4 antiques programme, For Love or Money.
The couple owned Chilston Park Hotel in Sandway near Maidstone, Kent, a 17th century hotel known for attracting the rich and famous. The Grade I listed building was under their management for 10 years.
They sold the property in December last year for pounds 2m while trading under the name of Chilston Park Hotel - a name they changed recently to Waylen 1996.
But at the end of January this year the receivers Coopers & Lybrand were called in by Lloyds Bank to sort out mounting debts.
In a letter sent to creditors it was revealed that the couple's company owed pounds 486,000 to the bank, pounds 68,000 to Customs and Excise and pounds 28,000 to the Inland Revenue. More than pounds 2.3m is said to be directors' loans.
Businesses across the country are thought to be owed around pounds 92,000 and receivers say that they are unlikely to receive the cash back.
The debt also includes those incurred while the couple were trading in partnership as MJM Property Developments.
A spokesman for Coopers & Lybrand, based in Maidstone, said: "Mr and Mrs Miller are a charming couple and I am not prepared to go into the amounts owed other than to say it is a rather large sum.
"There is a meeting with the creditors next week [at Bearsted, near Maidstone] and it is only right that we wait until then before going any deeper into the situation."
Mr Miller, who now lives in south-west London, was unavailable for comment yesterday.
- 1 Fifty Shades of Grey trailer: First look at Jamie Dornan as Christian Grey
- 2 Is Gideon Levy the most hated man in Israel or just the most heroic?
- 3 50 books for students to read this summer: From Ernest Hemingway to Gillian Flynn
- 4 Students offered grants if they tweet pro-Israeli propaganda
- 5 Israel has discovered that it's no longer so easy to get away with murder in the age of social media
Israel-Gaza conflict: Israeli targeting policy under scrutiny after shellfire hits a mother and child, a school full of refugees and a doctor’s home
Peaches Geldof: Her final day – and her fatal decision
Students offered grants if they tweet pro-Israeli propaganda
Iraq crisis: Isis orders Mosul shop keepers to cover mannequins
Israel-Gaza conflict: Israel may have committed war crimes, says UN human rights chief
Malaysia Airlines MH17 crash: Vladimir Putin is given 'one last chance' to end hostilities in Ukraine
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
The truth about conspiracy theories is that some require considering
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia
£20000 - £25000 per annum + OTE £40,000: SThree: Real Staffing, one of the UK'...
£20000 - £25000 per annum + OTE £40,000: SThree: Computer Futures has been est...
£23000 - £25000 per annum: Ashdown Group: IT Technician (1st/2nd line support)...
£300 - £350 per day: Orgtel: Job Title: Business Analyst Rate: £300 - £350 per...