Our Story

In this the age of the internet entrepreneur it’s not uncommon to hear of businesses starting life in a garage, bedroom or shed at the bottom of the garden, but back in 1980 it wasn’t such a common occurrence.

Yet, from his home in East Kilbride, Scotland, Dr Barry Wood, recognised the limitations of the financial programs on market and set about creating his own.

That software evolved into the CORE IPS you know today. Our team and our offices are much bigger now but we still love nothing more than rising to the challenge of; “It would be great if it could do this…”.

CORE Timeline

1980

Turnkey Computer Technology Limited established by Dr. Barry Wood in Glasgow, Scotland, specialising in financial and bespoke software systems development. Business users could also purchase desktop computers – Superbrains. Early customers included East Kilbride Development Corporation and Coopers & Lybrand.

1982

Rapid growth prompts an office move to Charing Cross, Glasgow. Turnkey shares 10 Somerset Place with Grainger & Co., Chartered Accountants and Insolvency Practitioners, who quickly became Turnkey customers. Our range, services, clients, staff and turnover begin to grow.

1985

Turnkey’s unique Insolvency Practitioners System – better known as IPS launches in DOS format. Our tailored software solution greatly improves efficiency for IPs and their staff. Early adopters include Coopers & Lybrand, Arthur Andersen and Douglas Laing & Jackson. Turnkey become authorised Compaq re-sellers.

1989

We hold the first IPS Annual User Group Meeting.

1993

Turnkey moves to Thornton Lodge in Glasgow. Microsoft Windows NT is released.

1994

Turnkey appoints Core Technology Solutions PTY limited to market IPS in Australia and New Zealand.

1995

IPS continues to evolve with the introduction of IPS for Windows featuring; drop down menus, point and click technology and the ability to export data to other industry standard Microsoft products such as Word and Excel.

1996

CORE customers upgrade to IPS for Windows.

2001

IPS boasts 2200 users and 420 client sites.

2002

Tony Wood was appointed Managing Director and Dr Barry Wood becomes Chairman.

2003

CORE Technology becomes CORE Australia Pty Limited.

2005

Turnkey and CORE sponsor Insol 2005 in Sydney and the company celebrates 25 years of success.

2006

IPS for Microsoft SQL Server launches offering greatly enhanced functionality and multiple user benefits. Seamless integration is now possible between IPS, Microsoft Office Suite and other third party products. Turnkey Group Limited acquires CORE Australia Pty. CORE Australia proudly sponsors the ARITA Conference.

2010

The IPS Creditor Portal launches enabling online interaction between all stakeholders in the insolvency process.

2015

IPS is available for the first time from Turnkey’s cloud platform. IPS goes from strength to strength with 390 businesses over 750 sites with 6,500 users globally.

2016

For the tenth consecutive year, CORE Australia proudly sponsors the ARITA Conference.

2017

We are pleased to be headline sponsors at Insol 2017 in Sydney.

Current totals for the IPS Creditor Portal hit record number – 44555 cases, 36653 documents accessed by 42822 creditors.