George Realisations Limited (06883884): administration
- Status
- In administration
- Administration began
- 2025-10-21
- Administrators
- Michael John Magnay, Joanna Bull
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Digital Barriers Services Limited; Digital Barriers Limited
- Incorporated
- 2009-04-21
- Location
- Brighton
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- COVID-19
- Sustained trading losses
From the administrators' statement
The Company’s key product offering is a patented Artificial Intelligence based video codec and secure edge platform which enables the management, capture, analysis and streaming of live video, principally on behalf of customers in the military and law enforcement sectors.
The Company is headquartered in the UK, with offices in Glasgow and Gloucester. The Company also has an overseas branch located in the Philippines.
As at the date of our appointment, the Company had 55 employees, 51 of which were based in the UK and 4 in the Philippines. The two statutory directors were not employed by the Company and were instead employed by the Company’s immediate shareholder, Project Gateway Bidco Limited.
Administrators' statement of proposals (2025-10-30) · Companies House register