Adam Woodyatt has shut down the business that reportedly manages his television earnings, making the biggest hint yet that he’s quitting acting for good.
The former EastEnders star, 54, who played Ian Beale on the BBC soap from 1985 to 2021 and again briefly last year, has put his XL Management Ltd into “voluntary liquidation of the members”, meaning a liquidator has been appointed , to voluntarily close a solvent company.
I used to be a star… Get me out of here! Campmate Adam is the company’s major shareholder with a 50-75% stake, while his ex-wife Beverley Sharp owns between 25-50%.
End of the road: Adam Woodyatt, 54, has shut down the business that reportedly manages his television earnings and made the biggest hint yet that he will quit acting for good (pictured in 2017)
According to documents filed with Companies House this month, the company owes £260,720 to HMRC and reserves of £20,012.
The amount owed in the directors’ debit account is £506,886 and a tax refund of £173,312 is owed to the company. There is a surplus of £413,666.
The form says: ‘[We] We hereby solemnly and sincerely declare that we have conducted a full investigation into the affairs of this company and have thereby come to the conclusion that this company will be able to pay its debts in full plus interest at the official interest rate within a period of time 12 months from the start of processing.’
On screen: The former EastEnders star – who played Ian Beale from 1985 to 2021 and again briefly last year – has put his XL Management Ltd into ‘voluntary liquidation of members’ (pictured on EastEnders).
Adam also owns Caledfwlch Ltd and Neat Distillery Ltd, the latter for his gin brand, Neat Gin.
Web has reached out to a representative of Adam for comment.
Adam returned to his first love of performing on stage after initially leaving EastEnders in 2021.
In September last year he said there were “many doors open to him” after leaving the soap opera after 37 years.
Joint venture: Adam is the main shareholder of the company with 50-75% stake while his ex-wife Beverley owns between 25-50% Sharp (Pictured 2017)
Speaking about a potential return to the East End-based show, he told The Buzz, “The door is open, but there are a lot of doors that are open.”
It came as the actor was preparing to tour the country in a production of the famous musical My Fair Lady, a job that is said to have netted him a staggering £500,000.
He said, “I’ve re-learned in the last year or so why I fell in love with this job in the first place.”
Before adding: “You are bitten by this virus, this theater virus. And it doesn’t leave you.”
Adam’s divorce from his wife Beverly was reportedly finalized late last year.
He was reportedly embroiled in negotiations with his wife of 22 years after they announced their split in 2020.
Ex-dancer Beverley is said to have been “delighted” with their settlement after the split reportedly turned “toxic” when he didn’t make her a fair offer.
A source close to Bev told The Sun: “Bev and Adam are now officially divorced. Bev was not only his wife but also his manager for about a dozen years and she has done so much for his career.
“She turned down some of the settlement offers that were sent to her during the trial and now she’s glad she stood her ground – she’s thrilled with the settlement.
“She still has no idea why he left her, but that’s all in the past. She is very optimistic and sees it as a new chapter. I have no doubt that Bev will find someone new soon. She’s in a good place.’
Born to perform: Last September, Adam said he had ‘many doors open’ after leaving the soap after 37 years (pictured on EastEnders)