PULSE BUILDING LIMITED
Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 55). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · oldest 27.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 27.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
Corporate timeline (52 events)Click to expand
- 2025-09-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-06-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-10-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-09-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-10-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2018-10-18📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2018-09-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-11📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2017-11-27📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2017-03-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-08-28➖FENTON, Stuart Andrew resigneddirector
- 2009-09-08➕LEIGHTON, Russell Eric appointeddirector
- 2009-09-08➖FENNESSY, Richard resigneddirector
- 2005-06-06➕FENNESSY, Richard appointeddirector
- 2004-05-26➕GOLIA, Jetinder appointedsecretary
- 2004-05-26➖MAKANJI, Ashok resignedsecretary
- 2002-10-14➕FENTON, Stuart Andrew appointeddirector
- 2002-10-14➖KENT, Paul resigneddirector
- 2002-08-07➕KENT, Paul appointeddirector
- 2002-07-17➖PALK, David Brian resigneddirector
- 2001-12-04➖MYERS, Kirby resigneddirector
- 2001-10-08➕PALK, David Brian appointeddirector
- 2001-10-01➕MAKANJI, Ashok appointedsecretary
- 2001-09-30➖LEIGHTON, Russell resignedsecretary
- 2001-09-26🔓Charge satisfied #2
- 2001-09-26🔓Charge satisfied #1
- 2001-09-12➖BROOK, Jason Lee resignedsecretary
- 2001-09-12➕LEIGHTON, Russell appointedsecretary
- 2001-09-12➖BROOK, Jason Lee resigneddirector
- 2001-09-12➖BROOK, John Martin resigneddirector
- 2001-09-12➕MYERS, Kirby appointeddirector
- 2000-02-02➖HUNT, Gary Martin resigneddirector
- 1999-02-17🔒Charge registered #2Lender: National Westminster Bank PLC
- 1999-02-17🔒Charge registered #1Lender: National Westminster Bank PLC
- 1999-01-14➕BROOK, Jason Lee appointedsecretary
- 1999-01-14➖TREHERNE, Louise resignedsecretary
- 1998-12-23➕TREHERNE, Louise appointedsecretary
- 1998-12-23➖DLA SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-secretary
- 1998-12-23➕BROOK, Jason Lee appointeddirector
- 1998-12-23➕BROOK, John Martin appointeddirector
- 1998-12-23➕HUNT, Gary Martin appointeddirector
- 1998-12-23➖DLA NOMINEES LIMITED resignedcorporate-nominee-director
- 1998-12-23➖DLA SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-director
- 1998-11-27🏢Company incorporatedAs PULSE BUILDING LIMITED
- 1998-11-27➕DLA SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-secretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanGroup structure
Insight Enterprises Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Insight Enterprises Uk Limited Corporate entity | 75–100% | — | 75-100% shares | 18/10/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (2 active · 15 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 17/02/1999 | 26/09/2001 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 17/02/1999 | 26/09/2001 |