Megan McKenna, known for her appearances on The Only Way Is Essex and her career as an influencer, is experiencing further business setbacks. Her performing arts company is currently grappling with £75,000 in debt.
Third Venture Faces Financial Strain
This latest challenge follows the closure of McKenna’s previous ventures: a restaurant and a fashion business. These failures have prompted questions regarding her business management skills.
Mounting Debts and Company Status
The performing arts firm has not filed accounts since March 2024, and its confirmation statement is over a year overdue. Companies House is considering striking the company from the register. Available accounts from three years prior showed net assets of £16,606, but creditors remain unsatisfied.
Past Business Failures
In 2018, McKenna’s restaurant, MCK Grill, closed after just 14 months, leaving behind debts exceeding £336,000, including money owed to her mother. Her fashion business, which ceased operations in 2021, also ended with nearly £50,000 in debt, largely stemming from a bank loan.
Name Change and Personal Life
The company recently changed its name from ‘M McKenna Ltd’ to ‘Number 1671 Ltd,’ a move some believe is an attempt to distance the brand from its financial struggles. McKenna now lives between London and Berlin with her husband and son, Landon.
A Shift in Online Presence
McKenna’s online image has evolved from her reality TV persona to a more relatable style, featuring popular cooking videos. Despite this, questions remain about her business choices and the future of her current venture.
Authenticity in the Influencer Space
Meanwhile, other influencers are finding success through different approaches. Holly Brooke and Joely Sanderson, founders of We Are Regular, are gaining recognition for their honest discussions about gut health. Bea Elton, of @CleanWithBea, has transitioned into animal rights activism, leveraging her platform for advocacy.
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