Time Capsule - Airport Utility error 6742

I have just setup my Time Capsule everything seemed to go well during the setup. After setup I ran the Airport utility and received the following error message

"An error occured while trying to access the apple wireless device make sure that your network connection is valid and try again. error - 6742" I have uninstalled the Airport Utility and reinstalled but this did not help

I can access the internet through the TC so the connection is working but I cannot access the TC.