In an attempt to repay part of his debts, Cross has entered into an Individual Voluntary Arrangement, a legally binding agreement where he has committed to making regular payments to an insolvency practitioner.
Rob Cross Darts Limited was set up in May 2017 for the darts player to receive his earnings and prize money, the government said.
The Insolvency Service said its investigations found the company received more than £1m from Mr Cross’s earnings between the start of March 2020 and liquidation in November 2023.
By the time the company went into liquidation, it owed £403,896 in corporation tax, £49,071 in VAT and £12,436 in PAYE and National Insurance contributions.
The company had only paid £41,936 to HMRC between March 2020 and…