Money is defined by time - a payment is defined by its date


Established in 1996, the business was founded by its directors to provide billing services to the newly deregulated UK telecommunications market. The business developed a number of highly innovative billing and payment solutions, both in the UK and for multi-national enterprises, including leading global Business Process Outsource partners.

The business’s subsequent rapid growth resulted in a major capital reorganisation in 2000 and the investment of external corporate and private investors, including Roland Berger Strategy Consultants, the international strategy consultancy with 36 offices in 25 countries.

In 2006 UK the company’s directors and private investors acquired the equity interest in the company of Roland Berger Strategy Consultants. The company is now privately held.

In early 2010 the Company, Ardohr Limited, reorganised its service lines into two separate business units, CreDec and ITMC, as the respective brands of its payment and credit management services business and its telecoms interests.