The business behind a 'Tinder-style' property app run by PrettyLittleThing co-founder Adam Kamani entered liquidation owing almost £3m.
MoveStreets was a 'swipe right to like' app which matched people with a home to buy or to let. In December 2021, Mr Kamani pledged a £5m investment and selected fellow Manchester-based company Apadmi as MoveStreets’ development partner. 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. READ MORE: Join the FREE Manchester Evening News WhatsApp community According to Companies House, MoveStreets' latest accounts are overdue to be filed, having supposed to have been done so by March 29.
The business was set up in 2019 and was based in Little Peter Street, Manchester. But according to a statement of affairs document filed by the liquidators, MoveStreets owed £2.8m to its creditors.
Read more on manchestereveningnews.co.uk