VV Realisations Limited (05422709): administration
- Status
- Administration ended
- Administration began
- 2018-10-08
- Administrators' firm
- Evelyn Partners
- Formerly
- Voicevault Limited; Biometric Security Limited
- Incorporated
- 2005-04-12
- Location
- Birmingham
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated in April 2005 as Biometric Security Limited, and changed its name to VoiceVault Limited in March 2012. Its registered office was 1 Park Row, Leeds, LS1 5AB and it operated from Suite 50, Wellington, Wyvolls Court, Swallowfield, Reading, Berkshire, RG7 1WY.
The Company developed voice biometric solutions to establish trusted identities and enable trusted transactions. Its comprehensive suite of IT security products included mobile security, voice e-signatures, identity and access management, out of band authentication embedded voice biometrics, proof of life, and time and attendance tracking.
Significant investment was made by the Company’s 100% shareholder, Biometric, in order to develop the biometrics products noted above, and a sister company (VV Inc) was established in the USA to provide sales services from a Silicon Valley base.
Administrators' statement of proposals (2018-12-14) · Companies House register