Miles Nazaire’s Net Worth and £100k Company Debt Crisis Revealed

Reality TV star Miles Nazaire, who rose to fame on Made in Chelsea, is currently facing some financial challenges as his production company, LGI Productions Ltd, has gone under, racking up nearly £100,000 in unpaid debts.

But even with this setback, the 29-year-old influencer and entrepreneur is not letting it hold him back. He’s kicking off a new venture and reportedly has a net worth of around £700,000.

The Collapse of LGI Productions Ltd

Miles’ company, LGI Productions Ltd, voluntarily entered liquidation in mid-2025, leaving behind a significant pile of unpaid taxes and accounting fees. According to reports, the company owes:

• £47,000 in unpaid VAT
• £38,000 in overdue corporation tax to HMRC
• £11,000 to the accounting firm Sobell Rhodes.

Initial estimates indicate that even after selling off assets, creditors—including UK taxpayers—will face a shortfall of £82,100, meaning most of the debts likely won’t be recoverable.

Miles’ Response to the Crisis

Despite the financial turmoil, Miles seems to be taking it all in stride. He has already started a new company, Maison Naz Ltd, which is registered in the same “performing arts” category as his previous business. In a recent Instagram post teasing his upcoming vlog series, Life of Miles, he shared:

“New beginnings, new energy. Stay tuned for what’s next.”

This move shows he’s shifting his focus toward digital content and brand collaborations instead of sticking to the traditional production route.

Miles Nazaire’s Net Worth in 2025

While his company faces difficulties, Miles’ personal finances appear to be stable, estimated at about £700,000. His income sources include:

• Reality TV appearances (Made in Chelsea, Dancing on Ice)
• Brand endorsements and social media sponsorships (on platforms like Instagram and YouTube)
• Podcasting (co-hosting the Playtime Podcast with Love Island’s Charlie Radnedge)
• Modeling and other entrepreneurial efforts.

Future Earnings Potential

There’s speculation that Miles might join Love Island USA, which could significantly increase his earnings.

Plus, his fitness and lifestyle content continues to draw in brand deals, providing him with a steady stream of income despite his business woes.

Public Reactions Revealed

The news of LGI Productions’ downfall has stirred up a mix of reactions:

Some critics argue that high-profile figures like Miles should be more responsible with their finances, especially when taxpayer money is at stake.

On the other hand, supporters point out his resilience, noting that many entrepreneurs experience setbacks before finding success.

Financial analyst Richard Eden commented:

“This is a classic case of celebrity ventures failing due to poor management. The real question is whether creditors—HMRC included—will ever see their money.”