M Realisations 2020 Limited (01098034): administration
- Status
- Administration ended
- Administration began
- 2020-06-09
- Administrators' firm
- FRP Advisory
- Formerly
- Monsoon Accessorize Limited; Monsoon Limited; Monsoon Fashions Limited; Siltrop Limited
- Incorporated
- 1973-02-22
- Location
- London
- Industry
- 47710 Retail sale of clothing in specialised stores
Why it went into administration
- COVID-19
- Credit insurance / supplier credit withdrawn
- Supply chain disruption
- Cash flow / liquidity pressure
From the administrators' statement
MAL was incorporated in 1973 and commenced trading that year under the name of Siltrop Limited. MAL was a UK-based chain of retail stores which offered womenswear, children’s clothing, and homeware gifts under the Monsoon brand. The brand was conceived on a market stall on Portobello Road, London by Peter Simon in the early 1970s and the first Monsoon store opened in 1973 on Beauchamp Place, London. The Company changed its name to Monsoon Fashions Limited in 1977 and traded as Monsoon Accessorize Limited from 1998 to the date of administration.
A separate brand to Monsoon, Accessorize, was also established and traded
through the MAL stores. The first independent Accessorize store was opened in 1984. At that point in time the Accessorize brand was owned and traded by MAL.
Administrators' statement of proposals (2020-07-27) · Companies House register