Ping Europe Limited
01129505
Healthy
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2025
group
Next accounts due
30/09/2027
Confirmation statement
Last: 10/10/2025
Due 24/10/2026
Industry
Officers
director · Since 12/03/1999
DIRECTOR
BRITISH · ENGLAND · Age 70
Also on 1 other board
secretary · Since 01/07/2015
secretary · Since 01/07/2015
Former
secretary · Resigned 29/07/1994
director · Resigned 01/01/1997
director · Resigned 01/01/1997
director · Resigned 16/02/2000
secretary · Resigned 14/03/2000
secretary · Resigned 30/03/2001
secretary · Resigned 19/06/2001
secretary · Resigned 21/06/2001
secretary · Resigned 14/07/2003
secretary · Resigned 01/02/2008
secretary · Resigned 05/06/2009
secretary · Resigned 09/01/2015
director · Resigned 08/07/2017
director · Resigned 01/04/2019
Persons with Significant Control
Ping Inc
2201, West Desert Cove, Phoenix, 85029
Reg: 08516969 · Arizona Corporation Commission · Domestic For Profit (Business) Corporation
Notified 12/08/2025
Former PSCs
Mr John Andrew Solheim
Ceased 30/06/2025
Mr Allan Dale Solheim
Ceased 30/06/2025
Mrs Nellie Louise Solheim
Ceased 08/07/2017
Karsten Manufacturing Corporation.
Ceased 12/08/2025
Charges0 outstanding
HSBC BANK PLC
HSBC UK BANK PLC
Change History
Active
Private Limited Company
PING EUROPE
GAINSBOROUGH
CompanyRankvs 15+ SIC 32300 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2025
Net Worth
£35.3M
Balance sheet strength
Cash
£21.3M
Cash in the bank
Net Current Assets
£27.6M
Working capital
Current Assets
£50.3M
Current Liabilities
£22.7M
Fixed Assets
£8.2M
Debtors
£9.1M
Profit After Tax
£8.0M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.21 | +£7.9M |
| 2024 | 2.01 | -£1.5M |
| 2023 | 2.05 | — |
Derived from filed accounts. Not audited figures.