Sussex Royal loses its luster when the Duke and Duchess call in the liquidators
The Duke and Duchess of Sussex have officially liquidated one of their only remaining British companies, marking the final nail in the coffin for the Sussex Royal. Documents filed with Companies House indicated that MWX Trading confirmed the liquidation on May 5th and a liquidator was appointed on May 14th. The couple founded the company in August 2019, naming their attorney Gerrard Tyrrell as its secretary and Natalie Campbell. who served as directors for their Sussex Royal charitable foundation. They registered it with Companies House and used the business to apply for trademarks. Ms. Campbell and Mr. Tyrrell were later replaced by James Holt, the couple’s former communications director who recently became Executive Director of their Archewell Foundation and is moving to the United States. The Duke and Duchess are also in the process of liquidating the company formerly known as the Sussex Royal, as The Telegraph understands. When the couple announced they were stepping down from their roles as working members of the royal family, they were told they could no longer use the name, so it was changed to MWX Foundation last July. Despite reports suggesting that MWX stood for Markle Windsor or Mountbatten Windsor and used the Sussex X, sources claimed the name was just made up of random letters and had no particular meaning. Sussex Royal was announced with great gusto in July 2019, shortly after it was confirmed that the Sussexes had broken with the Royal Foundation, the charitable vehicle they shared with the Duke and Duchess of Cambridge. Company accounts last year showed that there was £ 99,000 in the bank and that it would cost £ 16,000 to settle. They also revealed that the charity owed £ 200,000 from an unknown source. From the accounts of the MWX Foundation, of which the Duke remains sole director, it appears that the £ 200,000 has now been repaid. The steps to formally dissolve both companies come as the Sussexes continue to sign lucrative contracts with business partners in the US through their new US Archewell Foundation and most recently announce a partnership with consumer goods giant Proctor & Gamble.