Sell a failing software company's records to a data buyer as their own lot, early: once an office holder sells the IP, code, brand and client data usually go to insiders for tens of thousands of pounds
Five UK insolvencies of 2023 to 2025 whose IP Hilco valued or marketed: Brainnwave's platform, brand and client data drew one offer, from its secured lender, and sold for GBP 39,668 (Feb 2025); Video Commerce Group's platform, brand and domains went to a director for GBP 40,000 (Sep 2024); Massive Analytic's software, records and IP went to a company connected to its director for GBP 110,000 plus VAT after two NDAs and no third-party offer (Dec 2023); Noodle Live's equipment, stock and intangibles went to a company run by its former directors for GBP 35,250 (Feb 2025). The one sale to an independent buyer, Actual Experience's software, source code, patents and brand to ACRIS Technologies in India, fetched GBP 65,000 (Jul 2024) after a first bidder withdrew. None of these buyers was an AI data buyer, and no lot was offered to AI buyers as records.
Dated 9 May 2026Source checked 29 Oct 2026Its page was there at the last check, 30 Oct 2026; it is, or links to, a document whose words the automatic check could not matchBasis: indicative
“Following the passing of the deadline for indicative offers, no other offers were forthcoming, and all third-party prospective bidders withdrew their interest.”
Companies House, Brainn Wave Limited, Joint Administrators' progress report to 30 April 2025 (AM10), checked 9 Jun 2025
Companies House, Video Commerce Group Limited, Liquidator's annual progress report to 11 February 2025 (LIQ03), checked 8 Apr 2025
Companies House, Massive Analytic Limited, Statement of administrators' proposals (AM03), checked 22 Feb 2024
Companies House, Noodle Live Limited, Joint Liquidators' final account (LIQ14), checked 9 May 2026
Companies House, Actual Experience plc, Administrators' final report (AM23), checked 2 May 2025
- Brainn Wave Limited (Brainnwave, UK decision-intelligence software), in administration: its intellectual property (brand, trademarks, technology including the Mosaic platform, domains and website, social media accounts, client and prospective client data), sold to its secured creditor Hatch
- Massive Analytic Limited (UK AI analytics software), in administration: pre-pack sale of its business and assets (computer software, the seller's records, business contracts, intellectual property, plant and equipment) to Qubittum Limited, connected through a director
- Massive Analytic Limited (UK AI analytics software): earlier offer for its business and assets from a related party, Massive Analytic Technologies Limited, which did not proceed
- Actual Experience plc (UK digital-experience analytics, formerly AIM-listed), in administration: trademark and trade name, patents and technology, computer software, source code and documentation, and domain names, sold to ACRIS Technologies Private Limited (India)
It is shown on its own, not counted into a figure.