IPROOV LIMITED
Company number 07866563 · Monitor this company
Executive summary
iProov Limited is a venture-backed biometric authentication technology company with a solid but deteriorating liquidity position. The £3.89m cash reserve provides reasonable short-term cover, but the £1.13m annual burn rate and deepening accumulated losses of £2.31m raise concerns about long-term debt servicing capacity without further equity injection. The doubling of debtors requires investigation to determine whether this reflects revenue growth or collection risk. Any credit facility should be conditional upon regular management information, cash flow monitoring, and covenants restricting further balance sheet erosion.
Shareholders' funds
-£1,386,277
Balance sheet as at 2018-12-31
What it does
The principal activity of the company is that of development of technologies and systems for the delivery of web-based secure authentication services and raising grant funding to assist with research & development.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2011-11-30
- Employees
- 58 (2020 accounts · was 39 in 2019)
- Registered office
- 14, Bank Chambers 25, Jermyn Street,, London, England, SW1Y 6HR
- Postcode
- SW1Y 6HR
- Capital
- 44 GBP
- Accounts category
- Group
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-11-13
- Next due by
- 2026-11-27
Nature of business (SIC)
- 61200 Wireless telecommunications activities
- 62020 Information technology consultancy activities
- 63990 Other information service activities not elsewhere classified
Officers 5 current
Group structure 2 subsidiaries
From persons-with-significant-control filings on the public register.
Public contracts won 7
£43,996,500 total awarded value where published.
Showing the 5 most recent of 7.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA859100 (Tier 2), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- iproov.com
- Phone
- +44 2079932379
Award-winning provider of secure online biometric authentication, identity verification, digital onboarding services, and Genuine Presence Assurance technology.
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 6-7 POLLEN STREET, LONDON, W1S 1NJ, ENGLAND | 2019-04-26 |
| NEW PENDEREL HOUSE 2ND FLOOR, 283-288 HIGH HOLBORN, LONDON, WC1V 7HP | 2016-04-08 |
| 35 PAUL STREET, LONDON, EC2A 4UQ | 2014-07-10 |
Among its peers
3rd largest employer
of 27 similar companies in SW, with 58 staff. Among the oldest 25% of its local peers.
Competitors London
This company ranks 34 among wireless telecommunications activities in London.
The class of 2011
18%
of the 348 companies in this sector incorporated in 2011 are still active today; 77% have since been dissolved.
A fact about the year, not a forecast for this company.