MIKE PULMAN LIMITED
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Cash
£110K
-89.6% vs 2023
Net assets
£4.2M
-28.2% vs 2023
Employees
116
0% vs 2023
Profit before tax
-£147K
-113% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £76,859,000 | £72,989,000 | -5% | |
| Operating profit | £1,348,000 | £143,000 | -89.4% | |
| Profit before tax | £1,134,000 | -£147,000 | -113% | |
| Net profit | £832,000 | -£140,000 | -116.8% | |
| Cash | £1,059,000 | £110,000 | -89.6% | |
| Total assets less current liabilities | £5,833,000 | £4,181,000 | -28.3% | |
| Net assets | £5,821,000 | £4,181,000 | -28.2% | |
| Equity | £5,821,000 | £4,181,000 | -28.2% | |
| Average employees | 116 | 116 | 0% | |
| Wages | £4,065,000 | £4,098,000 | +0.8% | |
| Directors' remuneration | £109,000 | £251,000 | +130.3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.8% | 0.2% | |
| Net margin | 1.1% | -0.2% | |
| Return on capital employed | 23.1% | 3.4% | |
| Current ratio | 1.57x | 1.48x | |
| Interest cover | 6.30x | 0.49x |
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.
Name history
Renamed 1 time since incorporation
- MIKE PULMAN LIMITED 1998-09-03 → present
- CROSSCO (351) LIMITED 1998-07-13 → 1998-09-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- UNW LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared financial forecasts which indicate that the company will be able to meet its liabilities as they fall due in the normal course of business for at least the next twelve months following approval of these financial statements.”
Significant events
- “The industry has faced additional challenges, including the FCA's pausing of GAP insurance from 7th February 2024 and the issues surrounding discretionary commission disclosure.”
- “Securing high-quality stock remains a significant challenge, mirroring the wider market difficulties.”
- “Our RentACar business continues to thrive, and we are optimistic about its ongoing success in 2025.”
- “Volkswagen Group remains committed to sustainability through its Way to Zero strategy, targeting carbon neutrality by 2040 and full electrification by 2035.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRAHAM, Connor | Director | 2024-03-07 | Mar 1995 | British |
| LINES, Michael | Director | 2024-09-20 | Aug 1973 | British |
| PULMAN, Michael | Director | 1998-10-12 | Jun 1963 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUCKLE, Ian David | Secretary | 1999-05-24 | 2024-08-23 |
| PULMAN, Caroline | Secretary | 1998-10-12 | 1999-05-24 |
| DICKINSON DEES | Corporate Nominee Secretary | 1998-07-13 | 1998-10-12 |
| ARYA, Rajeev | Director | 1999-04-15 | 1999-10-31 |
| BUCKLE, Ian David | Director | 2001-12-31 | 2024-08-23 |
| CARE, Timothy James | Nominee Director | 1998-07-13 | 1998-10-12 |
| HOLLAND, Keith | Director | 2001-12-31 | 2006-11-02 |
| TYE, Peter James | Director | 2000-01-11 | 2002-11-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mike Pulman Holdings Limited | Corporate entity | Shares 75–100% | 2025-10-20 | Active |
| Mr Michael Pulman | Individual | Shares 75–100% | 2016-07-04 | Ceased 2025-10-20 |
Filing timeline
Last 20 of 99 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-20 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-13 | AA | accounts | Accounts with accounts type full | |
| 2024-01-23 | ANNOTATION | miscellaneous | Legacy | |
| 2023-07-05 | AA | accounts | Accounts with accounts type full | |
| 2023-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-11 | AA | accounts | Accounts with accounts type full | |
| 2021-12-31 | AA | accounts | Accounts with accounts type full | |
| 2021-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-19 | AA | accounts | Accounts with accounts type full | |
| 2020-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- 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.