PING NETWORK SOLUTIONS LIMITED Financials
- Company number
- SC365069CopyCopy
- Registered office
- 3 Dove Wynd, Strathclyde Business Park, Bellshill ML4 3FB
- Incorporated
- 04/09/2009
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-99.98%vs 20242024: £4.92M
Total Assets
-99.99%vs 20242024: £14.55M
Cash in Bank
-43.35%vs 20232023: £5.12M
Total Liabilities
-100.00%vs 20242024: £9.63M
Employees
-103vs 20242024: 103
In 2025, PING NETWORK SOLUTIONS LIMITED reported net assets of £1.07K. The same filing shows total assets of £1.07K, cash in bank of £2.90M and total liabilities of £0.00. Reported headcount was 0 in 2025. Total Assets fell from £14.55M in 2024 to £1.07K in 2025 (-99.99%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-99.98%from £4.92M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures PING NETWORK SOLUTIONS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-100%vs 2023-98.6% a year compound (CAGR)
Total Assets
-100%vs 2023-99.1% a year compound (CAGR)
Total Liabilities
-100%vs 2023Employees
-100%vs 2023-96Biggest decrease
Total Liabilities-100%
£6.05M in 2023 to £0.00 in 2025
Every indicator Okredo holds for PING NETWORK SOLUTIONS LIMITED fell between 2023 and 2025. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PING NETWORK SOLUTIONS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 100.00%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Cash to liabilities
- 30.13%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 19.94%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £247.45K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PING NETWORK SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.39M | 3.98M | 5.85M | 4.92M | 1.07K |
| Total Assets£ | 7.00M | 10.36M | 11.90M | 14.55M | 1.07K |
| Cash in Bank£ | 1.43M | 3.15M | 5.12M | 2.90M | – |
| Total Liabilities£ | 5.60M | 6.04M | 6.05M | 9.63M | 0.00 |
| Employees | 56 | 77 | 96 | 103 | 0 |
PING NETWORK SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PING NETWORK SOLUTIONS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
PING NETWORK SOLUTIONS LIMITED reported net assets of £1.07K for 2025. That compares with £4.92M in 2024, a change of -99.98%.
PING NETWORK SOLUTIONS LIMITED reported total assets of £1.07K for 2025. That compares with £14.55M in 2024, a change of -99.99%.
PING NETWORK SOLUTIONS LIMITED reported cash in bank of £2.90M for 2024. That compares with £5.12M in 2023, a change of -43.35%.
PING NETWORK SOLUTIONS LIMITED reported 0 employees in 2025, compared with 103 in 2024.
Between 2023 and 2025, PING NETWORK SOLUTIONS LIMITED's net assets fell by 100%, total assets fell by 100%, total liabilities fell by 100% and employee numbers fell by 100%. Net assets contracted at 98.6% a year across the two years to 2025, from £5.85M to £1.07K. Reported headcount went from 96 in 2023 to 0 in 2025 (-96).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.