The Impulse Group Limited (09904232): administration
- Status
- In administration
- Administration began
- 2026-06-23
- Administrators
- Richard Cole, Steve Kenny
- Administrators' firm
- KBL Advisory
- Formerly
- Pulsefi Limited; Pulse Flexible Integrity Ltd
- Incorporated
- 2015-12-07
- Location
- Leeds
- Industry
- 71122 Engineering related scientific and technical consulting activities
Why it went into administration
- Creditor pressure / legal action
- Parent or group failure
From the administrators' statement
3.1 One of the Company’s directors, namely Chris Spraggon, approached KBL Advisory Limited directly on 15 June 2026 following the recommendation from a former business associate to help advise on the options available for the Company, as it was deemed to be insolvent. A meeting was held between KBL Advisory Limited and Chris Spraggon on 15 June 2026 during which the Company’s financial position and the options available for the Company were discussed. All options were considered by the Board of Directors, and it was agreed that a pre-pack Administration was the preferred course of action. The directors formally engaged KBL Advisory Limited to assist with this process on 18 June 2026.
3.2. KBL Advisory Limited began an accelerated marketing process through which the business and assets of the Company were marketed for sale. An advert was placed on IP-Bid.com, a website which specialises in the marketing of distressed and insolvent businesses across all sectors, as well as the website of the proposed Joint Administrators’ agents, JPS Chartered Surveyors (“JPS”). A deadline for offers was set at 26 June 2026.
3.3 Due to the imminent threat of a winding up petition, an accelerated appointment of Administrators was made on 23 June 2026. This was on the basis that it was concluded that the outcome for creditors would have been substantially worse in the event the Company was wound up by the Court. Accordingly, on 23 June 2026, a Notice of Appointment of Administrators was filed by the directors in the Court appointing Steve Kenny and Richard Cole of KBL Advisory Limited as Joint Administrators of the Company.
Administrators' statement of proposals (2026-08-28) · Companies House register