On 24th December, Thursday couples took to social media groups on Facebook to express their helplessless after being left in the lurch as a wedding event company announced that it had started the liquidation process.
Monsoon Venue Group, in Birmingham, caters for Asian weddings and had struggled to stay afloat as Covid-19 restrictions limited their business and according to some reports some customers were refused refunds and now risk losing thousands of pounds.
In a statement on its website, the company announced, “Following the devastating impact of Covid-19 on the wedding industry, it is with a heavy heart we inform you that Monsoon Venue Group has appointed Insolvency Practitioners to manage the process of liquidation.
“This is not a decision that has been made lightly, but has been forced following nearly a year of trying to keep the business afloat with no new revenue and exhausting all avenues for generating any financial support to sustain the business. As per the Insolvency Act it is a legal requirement for the Director to cease trading once the company becomes insolvent.” Begbies Traynor are now responsible for all of the company’s financial affairs and all means of contact with the business have now ceased.
Couples said had been 'left in the dark' after the Birmingham wedding event company went bust. Speaking on a group, one noted, "I've just heard Monsoon Group has gone bust - and we have not been told anything! Not sure what is happening but it is very worrying."
