Ping Identity UK Limited
Registered name: PING IDENTITY UK LIMITED
Part of Ping Identity Limited groupPing Identity UK Limited made £11.1m revenue and £884k profit in the year to 31 Dec 2024.
Ping Identity UK Limited’s revenue fell 61% to £11.1m in the year to 31 Dec 2024, with £884k profit. The company is classified under “dormant company” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £19.7m | £29.9m | £28.6m | £11.1m |
| Operating profit | £24.7m | £2.7m | £2.1m | £771k |
| Profit before tax | −£275k | £2.7m | £2.1m | £839k |
| Profit after tax | −£482k | £2m | £1.4m | £884k |
| Profit (best available) | −£482k | £2m | £1.4m | £884k |
| Staff costs | £13.3m | £17.1m | — | — |
| Employees (average) | 110 | 133 | — | — |
| Ratios | ||||
| Profit margin | −2.4% | 6.8% | 4.8% | 8% |
| Revenue per employee | £179k | £225k | — | — |
| Profit per employee | −£4.4k | £15.2k | — | — |
| Cash conversion | 7% | −6.5% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲51.3% | ▼4.2% | ▼61.2% |
| Profit growth | — | — | ▼32.8% | ▼34.9% |
| Headcount growth | — | ▲20.9% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3m | £2.4m | — | — |
| Net assets | £28m | £30.3m | — | — |
| Fixed assets | £24.8m | £23m | — | — |
| Current assets | £6.3m | £13.6m | — | — |
| Debtors | £3.3m | £11.1m | — | — |
| Deferred income | £1.2m | £5m | — | — |
| Cash from operations | £1.7m | −£172k | — | — |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ping Identity Limitedultimate parent75–100%
- Ping Identity UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Symphonic Software LtdFigures not disclosed
Sister companies (1)
- Keyless Holding LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £884k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 14 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.