Perforce issues

Hey, I keep getting an issue when I start up WebStorm v1.0, this is the error message:

null
java.lang.NullPointerException
 at org.jetbrains.idea.perforce.application.PerforceManager.addUpdateRequest(PerforceManager.java:300)
 at org.jetbrains.idea.perforce.application.PerforceManager.getCachedData(PerforceManager.java:292)
 at org.jetbrains.idea.perforce.application.PerforceManager.getCachedClients(PerforceManager.java:271)
 at org.jetbrains.idea.perforce.application.PerforceManager.getClientRoot(PerforceManager.java:311)
 at org.jetbrains.idea.perforce.application.PerforceManager.isUnderPerforceRoot(PerforceManager.java:364)
 at org.jetbrains.idea.perforce.application.PerforceVcs.isVersionedDirectory(PerforceVcs.java:570)
 at com.intellij.openapi.vcs.impl.ProjectLevelVcsManagerImpl.findVersioningVcs(ProjectLevelVcsManagerImpl.java:628)
 at com.intellij.platform.PlatformVcsDetector$1.run(PlatformVcsDetector.java:43)
 at com.intellij.ide.startup.impl.StartupManagerImpl.a(StartupManagerImpl.java:175)
 at com.intellij.ide.startup.impl.StartupManagerImpl.access$100(StartupManagerImpl.java:39)
 at com.intellij.ide.startup.impl.StartupManagerImpl$1.run(StartupManagerImpl.java:108)
 at com.intellij.openapi.application.impl.ApplicationImpl.runReadAction(ApplicationImpl.java:697)
 at com.intellij.ide.startup.impl.StartupManagerImpl.runStartupActivities(StartupManagerImpl.java:99)
 at com.intellij.openapi.project.impl.ProjectManagerImpl$4.run(ProjectManagerImpl.java:374)
 at com.intellij.openapi.progress.impl.ProgressManagerImpl$3.run(ProgressManagerImpl.java:245)
 at com.intellij.openapi.progress.impl.ProgressManagerImpl$TaskRunnable.run(ProgressManagerImpl.java:428)
 at com.intellij.openapi.progress.impl.ProgressManagerImpl$4.run(ProgressManagerImpl.java:256)
 at com.intellij.openapi.progress.impl.ProgressManagerImpl$2.run(ProgressManagerImpl.java:198)
 at com.intellij.openapi.progress.impl.ProgressManagerImpl.executeProcessUnderProgress(ProgressManagerImpl.java:223)
 at com.intellij.openapi.progress.impl.ProgressManagerImpl.runProcess(ProgressManagerImpl.java:189)
 at com.intellij.openapi.application.impl.ApplicationImpl$6$1.run(ApplicationImpl.java:492)
 at com.intellij.openapi.application.impl.ApplicationImpl$5.run(ApplicationImpl.java:331)
 at java.util.concurrent.Executors$RunnableAdapter.call(Executors.java:441)
 at java.util.concurrent.FutureTask$Sync.innerRun(FutureTask.java:303)
 at java.util.concurrent.FutureTask.run(FutureTask.java:138)
 at java.util.concurrent.ThreadPoolExecutor$Worker.runTask(ThreadPoolExecutor.java:886)
 at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:908)
 at java.lang.Thread.run(Thread.java:619)
 at com.intellij.openapi.application.impl.ApplicationImpl$1$1.run(ApplicationImpl.java:125)

Also I keep getting a Perforce timeout whenever I click refresh on the Repository/Incoming tabs of the version control panel..


Any help would be much appreciated