Teleware Limited (04756742): administration
- Status
- In administration
- Administration began
- 2026-03-06
- Administrators
- John William Butler, Andrew James Nichols
- Administrators' firm
- Metis Partners and Gilbert Baitson
- Formerly
- Teleware Public Limited Company; Pinco 1942 Limited
- Incorporated
- 2003-05-07
- Location
- Driffield
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The company traded from incorporation as a software and SaaS vendor of unified communication software. The company developed and sold software to help businesses communicate better with their customers and employees by routing communications more effectively.
The company’s business had been founded in 1991 and generated turnover from its legacy hosted services which included its Hosted Communications and Mobile Compliance services. As Microsoft Teams started to become the dominant communications platform, in late 2024 the Company developed and launched its ConnectPro software to compliment Teams and a new Agent Studio product.
The turnover from the Company’s legacy hosted services was declining and the company invested significant sums developing the ConnectPro software. The company’s customers were extremely slow to adopt the new software which resulted in the Company generating losses on a monthly basis.
Administrators' statement of proposals (2026-04-27) · Companies House register