Charlotte Crosby suffers further financial woe as she's forced to shut down one of her businesses after revealing she'd lost more than £300k on her fashion brand

Charlotte Crosby has been forced to shut down her business called Studio Yours, a creative space for content creation in the North East.

The former Geordie Shore star confirmed in a post on their official Instagram account that it was closing down.

The statement read: 'After an incredible couple of years, we've made the difficult decision to close Studio Yours.

'We want to say a huge thank you to every single person & business who booked in to use our creative space.

'It has been a privilege to welcome so many amazing businesses, creatives, families and brands through our doors, and we're so grateful for the memories we've made together.'

It continued: 'We will be selling furniture & production equipment so if you've had your eye on anything, or would be interested in purchasing items from the studio, please send us a message for more information.

'Thank you again for all of your support from the North East, Studio Yours wouldn't have been what it was without you.'

Charlotte offered the use of pro equipment, nine different setups and backdrops and also had the photographers at hand if needed at the studio. 

The business closure comes months after Charlotte revealed she was left in £300,000 debt after pumping her own cash into a clothing brand Pepper Girls Club.

The reality TV favourite confessed she was still waiting for the business to bring in more cash to pay off what she'd already invested.

Taking to Instagram, Celebrity Big Brother winner Charlotte revealed she hadn't yet got a 'penny' of the money she used to start the brand.

While the clothing brand has an impressive 256k followers on social media, the number hasn't translated to enough sales for Charlotte to pay herself back.

Speaking in a candid video, Charlotte said of owning the business: 'The hardest thing with Pepper Girls Club is I have literally put so much money into this business, and that is no word of a lie.

'I've put about £300k into this business over the last eight years, and I haven't received a penny of that back.

'The company is only in debt to me, which is fine. I would love to get it to the point where I can start to get some of that money back, but it's just not there yet.

'A lot of people who start businesses have the opportunity to get investment from people, but honestly, I have tried so hard, and I get the door slammed in my face.

'I remember, I went to a meeting with someone who was going to invest, and their accountant told me that Pepper Girls Club would do good the day that pigs would fly.'

Charlotte admitted she'd made a 'big business mistake' by 'spending too much money on photoshoots'.

She revealed that a summer collection shoot in Ibiza saw her splash 'about 20 grand [£20,000]'.

Nonetheless, Charlotte remains optimistic that the business will pull through, saying that it has 'come a long way' since it first opened.

She concluded: 'We have so many loyal customers, we are a business that's been able to employ more and more people, so I think a victory is that we are growing. We are going in the right direction.'

Mum-of-two Charlotte is thought to be worth about £2million thanks to her TV fame.

While she first hit screens on Geordie Shore, she's also appeared on Ex on the Beach, Celebs Go Dating, Coach Trip, Come Dine with Me, and Celebrity MasterChef.

She won Celebrity Big Brother in 2013 before appearing on the Australian version of I'm A Celebrity.

She also launched her own reality show, The Charlotte Show, which followed her journey into motherhood. 

More recently, Charlotte broke down in tears as she opened up about her devastating silent miscarriage after falling pregnant with her third child. 

The reality TV star joined Ben Shephard and Cat Deeley on This Morning to recount the moment she and fiancé Jake Ankers were told she had likely miscarried the baby at her eight-week scan. 

Charlotte previously revealed how she discovered she was pregnant with her third child on March 3 and assumed all would be well after two healthy pregnancies. 

But after doctors spotted something wrong with the pregnancy at her six-week scan, Charlotte - who is mother to daughters Alba, three, and Pixi, 15 months - was told two weeks later she had suffered a heartbreaking loss. 

Sitting down with Cat, 49, and Ben, 51, on the ITV show, Charlotte immediately struggled to hold back her emotions as she opened up on the devastating events and said she still hopes to have a third baby one day. 

Putting her hands over her face as her voice wavered, she told the presenters: 'I feel a bit emotional, but let's just keep going - I'll try and get through.'

She went on to explain about discovering she was pregnant with her third child: 'We weren't trying, it just happened, and obviously I got very scared when I saw the positive sign, I didn't sleep. 

'But all the worries melted away and we started to get really, really excited, and we were like, "We'll manage, it's going to be another beautiful person to love and it's going to be amazing". 

'[The pregnancy] felt completely normal, that's the craziest thing, I had some morning sickness and all of the hormones were there, it was just so normal, I never would have known any different.' 

The former Geordie Shore star then revealed how she and Jake decided to book a private scan at six weeks, but it was during this appointment they felt something was wrong as there was a 'moment of silence'. 

Charlotte explained: 'I went for my first scan at six weeks and basically it was just a different atmosphere. I've obviously been this twice before, so you kind of know what to expect when you sit down.

'They didn't switch the screens on for you to see straight away and the room was very quiet, and I just instantly thought, "Oh, I feel like there's something wrong". 

'What they said was they weren't seeing what they were meant to be seeing on the screen, and they reassured me that it was quite common, I could have come a bit too early and got my dates mixed up. 

'They couldn't scan us for another two weeks... it was the longest two weeks, it felt like it was going in slow motion, it was just dragging.

'After that initial scan, I knew something was wrong, whereas my partner was being really positive saying "it's going to be fine, honestly", but I kind of knew in my heart that there was going to be something wrong here.' 

Two weeks later, Charlotte revealed the doctor 'confirmed it wasn't an active pregnancy' and that she had 'silently miscarried'. 

A silent miscarriage is when the individual doesn't have any symptoms of pregnancy loss, like heavy cramping and bleeding.

Breaking down in tears again, Charlotte explained she was given another two week window to see if she would miscarry 'naturally' before being offered a D&C (dilation and curettage) procedure.