The latest yearly accounts up to January 31, 2024 showed the firm is £19,223 in the red, with cash reserves of £2,306 but bills of more than £22,000 to meet.

Bashir's downfall began in 2020 when the BBC's director-general Tim Davie was forced to apologise to the Princess's brother, Earl

Spencer, for Bashir's use of faked bank statements.

Bashir then stepped down as BBC's religion editor in May 2021 citing health reasons, shortly before former Justice of the Supreme Court Lord Dyson published his report into the scandal.

The independent inquiry had been welcomed by Prince William and found Bashir used "deceitful behaviour" in a "serious breach" of the BBC's producer guidelines to secure his interview. He also deemed Earl Spencer to be a "credible witness" but there were "significant parts of Mr Bashir's account I reject as incredible, unreliable and, in some cases, dishonest".

Bashir has always rejected the findings of the inquiry, denying he deceived Diana. Earl Spencer has demanded a BBC inquiry and has said if he had not seen the statements he would not have introduced his sister to Bashir.

In January the BBC released 3,000 emails about the scandal following a court order. In a 2020 message, Bashir blamed professional jealousy, racism and his working-class roots for the controversy over "this so-called 'forgery' story".