AIM-Listed Pulsar Group hit with High Court petition by HMRC
Pulsar Group, a UK-based technology company listed on AIM, and its media matchmaking subsidiary, ResponseSource, face a winding-up petition from HMRC. The group, formerly known as Access Intelligence, provides SaaS solutions for the global marketing, public relations and journalism sectors. A petition filed with the London High Court on Friday named it. Additionally, ResponseSource, the [...]
UK-based technology firm Pulsar Group and its subsidiary ResponseSource have been served with a winding-up petition by the HMRC. Originally known as Access Intelligence, Pulsar Group offers SaaS solutions to industries such as marketing, public relations, and journalism. The winding-up petition, filed in the London High Court, targets the group and ResponseSource, which is a digital matchmaking service for journalists and PR professionals.
This legal process is initiated when companies fail to pay their outstanding debts, often imposed by HMRC on businesses with unpaid tax bills. Despite reporting a record revenue of £33 million for the six months ending May 31, 2026, which represents a 10 per cent increase from £30.1 million in the first half of 2025, the company's shares fell by almost 10 per cent on Monday.
Pulsar Group's shares were trading at £28.00 at the close of business on Monday, a decline of nearly 30 per cent over the past year. Following the acquisition of ResponseSource in October 2018 for £5.5 million in cash and shares, Pulsar Group's turnover declined from £3.62 million to £3.40 million. The average monthly headcount decreased from 20 to 14, while total payroll costs dropped from £1.15 million to £745,000. Both Pulsar Group and ResponseSource have been requested for comment.
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