Tyntec Limited (06197703): administration
- Status
- In administration
- Administration began
- 2026-06-19
- Administrators
- Philip Lewis Armstrong, Philip James Watkins
- Administrators' firm
- FRP Advisory
- Formerly
- TT Mobile Services Limited
- Incorporated
- 2007-04-02
- Location
- London
- Industry
- 61900 Other telecommunications activities
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
During the 2025, the Shadow Directors began to engage with Twilio to seek assurances that further prepayments would be made in order to extend the existing gatekeeper contract. These discussions continued for a number of months and it became increasingly uncertain if Twilio would extend the gatekeeper contract.
As discussions between the Shadow Directors and Twilio progressed during 2025, FRP were initially approached around December 2025 as a contingency should the Twilio not be willing to make further prepayments.
On 9 June 2026, the Shadow Directors confirmed to FRP that Twilio indicated to them of their intention to withdraw from the existing gatekeeper contract. In the absence of being able to source alternative financing in the time required, the Company was unable to pay its debts as and when they fell due.
Administrators' statement of proposals (2026-08-22) · Companies House register