PULSE-EIGHT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-05 (in 5mo)
Last made up 2025-09-21
Watchouts
Cash
£47K
-26.2% vs 2023
Net assets
-£3M
-439.6% lowest in 6 filed years
Employees
28
-60.6% vs 2023
Profit before tax
-£3M
+53.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £4,811,190 | £2,409,862 | |
| Operating profit | — | — | — | — | -£5,938,183 | -£2,702,289 | |
| Profit before tax | — | — | — | — | -£5,953,891 | -£2,785,486 | |
| Net profit | — | — | — | — | -£5,206,075 | -£2,710,270 | |
| Cash | £61,186 | £37,333 | £55,633 | £311,881 | £63,796 | £47,075 | |
| Total assets less current liabilities | £3,025,178 | £3,487,341 | £3,793,237 | £6,634,682 | -£270,382 | -£3,095,022 | |
| Net assets | £174,633 | £16,126 | -£77,878 | £6,267,401 | -£621,488 | -£3,353,797 | |
| Equity | £174,633 | £16,126 | -£77,878 | £6,267,401 | -£621,488 | -£3,353,797 | |
| Average employees | 27 | 27 | 38 | 65 | 71 | 28 | |
| Wages | — | — | — | — | £2,911,816 | £961,410 | |
| Directors' remuneration | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-49.9%
£4,811,190 £2,409,862
-
Cash
-26.2%
£63,796 £47,075
-
Net assets
-439.6%
-£621,488 -£3,353,797
lowest in 6 filed years
-
Employees
-60.6%
71 28
-
Operating profit
+54.5%
-£5,938,183 -£2,702,289
-
Profit before tax
+53.2%
-£5,953,891 -£2,785,486
-
Wages
-67%
£2,911,816 £961,410
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -123.4% | -112.1% | |
| Net margin | — | — | — | — | -108.2% | -112.5% | |
| Return on capital employed | — | — | — | — | 2196.2% | 87.3% | |
| Current ratio | — | — | — | — | 0.61x | 0.45x | |
| Interest cover | — | — | — | — | -373.21x | -20.67x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PKF Francis Clark
- Audit opinion
- Qualified
- Going concern
- Affirmed
“At the balance sheet date, the group had net liabilities of £3,353,797 (2023 - £621,488) whilst the company had net liabilities of £3,523,453 (2023 - £698,671). A shareholder has indicated that they will continue to support the business and will not re-call the loans provided to the group over the period of at least 12 months from the date of approval of these financial statements. The directors have assessed the prospects of the group over the period of at least 12 months from the date of approval of these financial statements in the context of its current operating performance, its business plan and the risks facing the business because of the current economic climate. The directors have a reasonable expectation that the group has adequate financial resources to meet its operational needs for the foreseeable future due to the support of the shareholders and therefore the going concern basis has been adopted in preparing these financial statements.”
Group structure
- PULSE-EIGHT LIMITED · parent
- Pulse Eight Malaysia Sdn. Bhd. 100%
- Pulse-Eight America, Inc 100%
- Lemelisk Limited 0%
- Aquavision Distribution Limited 0%
- Anthony Gallo Acoustics Ltd 0%
Significant events
- “In April 2024, the company sold the two UK subsidiaries.”
- “In December 2024, Lemelisk Limited was dissolved via voluntary strike off.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HORNUNG, Michael | Secretary | 2010-09-21 | — | — |
| ELLIS, Martin Jack | Director | 2010-09-21 | Mar 1985 | British |
| ELLIS, Michelle Elizabeth | Director | 2022-03-14 | Jun 1987 | British |
| HORNUNG, Michael Bernard | Director | 2010-09-21 | Jan 1969 | British |
| SCOTT, Roslyn | Director | 2017-09-13 | Aug 1971 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rif Investments Limited | Corporate entity | Shares 25–50% | 2023-12-28 | Active |
| M Squared Ventures Limited | Corporate entity | Shares 25–50% | 2022-06-27 | Active |
| Mr Michael Hornung | Individual | Shares 25–50% | 2016-04-06 | Ceased 2022-06-27 |
| M Martin Ellis | Individual | Shares 25–50% | 2016-04-06 | Ceased 2022-06-27 |
Filing timeline
Last 20 of 91 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-05-01 RESOLUTIONS Resolution
- 2024-04-21 RESOLUTIONS Resolution
- 2023-08-11 RESOLUTIONS Resolution
- 2023-06-09 RESOLUTIONS Resolution
- 2023-06-09 RESOLUTIONS Resolution
- 2023-06-09 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-07 | AA | accounts | Accounts with accounts type group | |
| 2025-09-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-07 | AA | accounts | Accounts with accounts type group | |
| 2024-09-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-29 | SH06 | capital | Capital cancellation shares | |
| 2024-06-04 | SH03 | capital | Capital return purchase own shares | |
| 2024-05-01 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-26 | SH06 | capital | Capital cancellation shares | |
| 2024-04-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-19 | SH03 | capital | Capital return purchase own shares | |
| 2024-03-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-02-29 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-12-22 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-10-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-11 | RESOLUTIONS | resolution | Resolution | |
| 2023-08-04 | SH01 | capital | Capital allotment shares | |
| 2023-06-09 | RESOLUTIONS | resolution | Resolution | |
| 2023-06-09 | RESOLUTIONS | resolution | Resolution | |
| 2023-06-09 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.