Cloudview Holdings Limited (09628894): administration
- Status
- Administration ended
- Administration began
- 2023-03-14
- Administrators' firm
- ReSolve
- Incorporated
- 2015-06-08
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Rising costs / inflation
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
Cloudview (UK) Limited was incorporated in December 2009, with Cloudview Holdings Limited being incorporated June 2015 to act as its holding company. Both companies traded the Cloudview business. Cloudview Holdings Limited held the Intellectual Property Rights for the business, together with certain staff contracts, and Cloudview (UK) Limited was the principal entity with whom suppliers and customers contracted and was also an employer of certain staff.
Cloudview (UK) Limited was incorporated as Jabbakam (UK) Ltd initially, with the name changed in July 2013.
The business commenced trading as a video surveillance services provider, developing its own next generation video surveillance system. The system unifies, manages and securely consolidates motion or events from analogue and IP surveillance camera in any location, 24/7, to one web interference.
Administrators' statement of proposals (2023-03-28) · Companies House register