Cloudview Holdings Limited and Cloudview UK Limited - administration

Cloudview Holdings Limited and Cloudview UK Limited, a video surveillance system company, entered administration on 14 March. Over recent months, the company suffered many of the same cost headwinds as other medium-sized businesses across the UK, with significant cash pressures as a result. Following their appointment, Joint Administrators Simon Jagger and Ben Woodthorpe of ReSolve completed a pre-pack sale of the company's business and assets to CloudVplus Holdings.