Former Emmerdale and Waterloo Road star Adam Thomas is facing a devastating financial blow following the collapse of his ambitious Manchester restaurant venture. The actor, best known for playing Adam Barton and Donte Charles, has been left with a crippling tax bill believed to be in the region of £100,000.
The Spinn, a gourmet pizza and pasta restaurant in which Thomas was a director, was launched with high hopes but succumbed to the intense pressures of the hospitality industry. The business was officially dissolved this summer, leaving behind a trail of debt and a significant liability with HM Revenue & Customs (HMRC).
A Dream Unspun
Thomas, along with his business partners, opened The Spinn with the aim of creating a vibrant dining destination. However, the venture struggled to gain a foothold in a competitive market, a challenge faced by many restaurants in the post-pandemic landscape. Despite their efforts, the company was forced into liquidation.
Documents reveal that the business's failure has resulted in an estimated £100,000 owed to the taxman. This debt is personally guaranteed, meaning Thomas is directly responsible for settling the substantial amount.
The Personal Toll of Business Failure
This financial setback comes at a time when Thomas is in the public eye, having recently participated in the latest series of Dancing on Ice and preparing for a return to the stage in the Waterloo Road revival. The stress of the situation is reportedly taking its toll, highlighting the stark reality behind celebrity-backed business ventures.
The case serves as a cautionary tale about the risks of entrepreneurship, even for those with a public profile. It underscores the harsh economic realities many restaurant owners face, with rising costs and changing consumer habits proving fatal for even the most promising establishments.
