Business run by PrettyLittleThing founder owed almost £3m before collapsing

The business behind a 'Tinder-style' property app run by PrettyLittleThing co-founder Adam Kamani entered liquidation owing almost £3m.

However, according to a notice filed with The Gazette, Simmonds & Company has been appointed to oversee the liquidation process. The notice also reveals that it is a creditors' voluntary liquidation.According to Companies House, MoveStreets' latest accounts are overdue to be filed, having supposed to have been done so by March 29.

Mr Kamani was owed £1.2m while Makkma Investments, which is controlled by his father and Boohoo co-founder Mahmud Kamani, was owed £1.5m. A further £88,220 was owed to MAK Manchester, a company that counts both Adam and Mahmud Kamani as its two directors.

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