http://www.fish4.co.uk/iad/jobs/advert?adId=16 471469&sid=s51FC3BF56825292&pos=1&src=search&t ot=31
They're in Tyne and Wear and have been recruiting for developers.
Hard to tell but if I had to guess I'd say they were developing a thin client system where you rented a cheap end terminal device and connect to a larger computer over a broadband connection - a bit like renting an up-to-date computer at the end of the line.
However they're registered in London
http://www.ukdata.com/numbers/06185391.html
- I guess programmers are cheaper in the North East
Looks like they've been running since March
Don't know if that's any help