Key facts
- AIM-listed Pulsar Group and its subsidiary ResponseSource are facing winding-up petitions from HMRC.
- The petitions were filed at the London High Court.
- Winding-up petitions are initiated against companies that have failed to pay outstanding debts.
- Pulsar Group reported record revenue of £33m for the six months ending May 31, 2026.
- Pulsar Group shares were trading down nearly 10% on Monday afternoon.
Pulsar Group, a UK-based technology company listed on the AIM market, and its subsidiary ResponseSource, a digital matchmaking service for journalists and PR professionals, are facing winding-up petitions from HM Revenue and Customs (HMRC). The petitions, filed at the London High Court, indicate that the companies may have failed to pay outstanding debts, a common reason for HMRC to initiate such legal processes.
Despite the legal challenges, Pulsar Group reported record revenue of £33 million for the six months ending May 31, 2026, a 10% increase from the previous year. However, the company's shares traded down nearly 10% on Monday afternoon, and have fallen approximately 30% over the past year. Pulsar Group was formerly known as Access Intelligence, which acquired ResponseSource in October 2018 for £5.5 million in cash and shares. Recent Companies House accounts for the year ending November 30, 2024, show a decline in turnover from £3.62 million to £3.40 million, and a reduction in average monthly headcount and payroll costs.