Wakelet update – details emerge of founder’s phoenix deal

The insolvency firm acting on the administration of Manchester tech business Wakelet has confirmed to TheBusinessDesk.com that all of its assets have been sold to a new company, Reviven Ltd, set up by founder Jamil Khalil.

All 23 jobs in the business have preserved in the sale of Wakelet, which aims to link different social media accounts for clients and was created to solve the problem of how to save, organise and share a collection of links in a visually-engaging way.

Mike Dillon and Hilary Pascoe of Leonard Curtis were appointed joint administrators of Manchester-based Wakelet Limited on 10 April 2025.

A sale of the business and assets of Wakelet Limited was completed to Reviven Limited, a connected company, on the same date, which has enabled continuity of the business and the successful transfer of 23 employees, a statement said.

Lead Administrator Mike Dillon commented: “Following a formal administration process, the business and assets of Wakelet Limited have been successfully acquired by Reviven Limited.”

The transaction ensures continuity for the Wakelet brand under new ownership.

Reviven Limited, director, Jamil Khalil, commented: “This has been one of the most difficult and emotional periods of my life. Wakelet has always meant more than just a company – it’s been a mission, a team, and a community I deeply care about.

“I’m incredibly grateful to everyone who believed in us and supported the journey.

“While things haven’t been easy, this new chapter gives us a chance to keep going, to keep building, and to stay true to the heart of what Wakelet was always meant to be.”

Yesterday theBusinessDesk.com broke the news that the business was pursuing an administration process.

The story highlighted that Wakelet Limited had appointed administrators from Leonard Curtis, who had also been working behind the scenes since January 2025 to find a buyer for the company under the code name Project Siren, which invited interest in rescuing Wakelet.

The document, seen theBusinessDesk.com, revealed that the business had turnover for the 11 months to November 2024 of just £9k and had 23 employees.

“The Proposed Joint Administrators are seeking parties interested in the business and assets of a Company that trades as an all-in-one content curation and collaboration platform,” the document says, inviting prospective investors to sign a non-disclosure agreement to see more details, by the 27th of February 2025.

Lawyers from law firm JMW were instructed to formally inform the court on the 8th of April, a process which gave the company breathing space and protection from creditors, but on the 15th of April Leonard Curtis were appointed as administrators.

Jamil Khalil, a former engineer at Airbus, moved out of offices in the Bright Building at Manchester Science Park, where it had a lease on a 7,000 sq ft office.

It is understood the remainder of the business has moved to new premises in the city centre at the Colony in Ancoats.

In January 2025 Khalil registered a charge over the assets of Wakelet Limited, and in February set up a new company, Reviven Limited.

According to the register of directors at Companies House, Wakelet Limited currently has no directors as Jamil Khalil, Scott Fletcher, and Carlo Nizam all resigned last week. Ohad Finkelstein resigned in February 2025. 

Its last set of accounts to the end of 2023, unaudited and abbreviated, show a decline in the cash at hand from £5m to just short of £2m. 

The last shareholders register for Wakelet Limited, filed at the start of January 2025, includes a remarkable list of personalities spanning the worlds of sport, politics and business.

The names include current West Ham player Michail Antonio, as well as international ex-footballers England’s Rio Ferdinand, Joleon Lescott and Aaron Lennon and former Scotland stars Craig Conway and Barry Bannon; the boxer Conor Benn; and former politicians Chuka Umunna and Sayeeda Warsi.

Entrepreneurs holding shares in the ambitious tech business include the original publishers of Angry Birds, Chris Byatte and Joe Wee; property developers Tom Bloxham and George Downing, who held the second largest stake; several members of the Kamani family from fast fashion business Boohoo; as well as tech entrepreneur Scott Fletcher, its biggest backer. 

Wakelet claimed to have more than a million individual and business users, including prestigious institutions like Harvard University, international sports teams FC Barcelona and Atlanta Hawks, and blue chip companies such as Airbus and Experian.

TheBusinessDesk.com contacted Jamil Khalil for comment, but he only responded on 17 April 2025, through Leonard Curtis.