Mr Mullins has since revealed he regrets handing over the reigns of the company to the US private equity firm and has offered to fund a legal case by the 16 apprentices who are losing their jobs.
EXCLUSIVE: Charlie Mullins insists he is 'loving life' abroad but would 'undoubtedly' consider coming back to contest a local council election in his native South London.
EXCLUSIVE: Charlie Mullins, 72, said he was loving his 'magnificent' new life on the Costa del Sol, as he gave MailOnline a tour of his four-bedroom mansion.