James Argent’s company has ‘zero cash in the bank’ after losing £24,000 due to coronavirus

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James Argent's company has "zero cash in the bank" after he has suffered a hellish year.

The 32 year old has spent the majority of the year in and out of rehab after suffering two overdoses and confessing to being a "cocaine addict".

His on-off relationship with Gemma Collins also seemed to finish for good in July, although the pair were spotted reuniting for dinner last week.

But the former The Only Way Is Essex star is now dealing with a fresh blow, with it being reported his company has lost over £60,000.

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The Sun Online reports that documents filed to Companies House show that at the end of 2019, James Argent Ltd had £63,857.

However, this year's filings show there is "zero cash in the bank" for the business, which was hit by £24,000 of losses during the ongoing coronavirus pandemic.

James discussed his addiction to cocaine in a searingly honest interview with The Sun back in May, where he described how Gemma saved his life.


Discussing the overdose he took in October 2019, he said: "I was at rock bottom. My heart was beating out of my chest, my nose was bleeding, I was shaking and my breathing was terrible.

"My family were banging on the door screaming, 'Open up' but I wasn't answering the door to anyone. They feared I'd overdosed and was dead in the house."

James then explained how he put his life in more danger when he overdosed for a second time two months later the night before his birthday, which is on 5 December.

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He recalled to the publication how he was determined not to ruin the night because he wanted to be with his family and Gemma.

"But my addiction was so bad I couldn't stop myself. I started early and was in a terrible place," he continued.

"I locked myself in, phone was off and my parents and friends were banging on the door again."

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More recently, James and his ex-girlfriend Gemma were seen getting close at London's Circolo Popolare restaurant for a low-key meal last week, according to pictures obtained by Mirror Online.

"Gemma was with her nephews and they entered the restaurant together, while Arg was already there and they went to join him at the table," an onlooker said.

"At first she sat next to Arg but they later swapped and sat opposite each other with her nephew between them.

"They looked pretty close and were having a good time together. Arg was laughing and chatting with Gemma and her family."

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