PING EUROPE LIMITED
Company number 01129505 · Monitor this company
Executive summary
PING Europe Limited is in strong financial health, earning an A grade: record turnover of £113.4m (+16.9%), operating profit more than doubled to £10.2m, net assets rose to £35.3m and cash built to £21.3m, with no evidence of bank borrowing and cash covering roughly 94% of all liabilities. The principal vulnerabilities are a thin and volatile margin — operating margin swung from 4.1% to 9.0% on broadly similar sales, showing high operating leverage — a slight 0.6pp erosion in gross margin, and heavy dependence on its US parent for ownership, supply and commercial terms. The outlook is positive provided management defends gross margin above 40%, puts the substantial cash balance to deliberate use, and formalises related-party arrangements following the 2025 ownership change.
Shareholders' funds
£35,258,829
Balance sheet as at 2025-12-31
What it does
The principal activities of the group in the year under review was that of assembly and distribution of golfing equipment, apparel and accessories, and the running of a golf and leisure complex.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1973-08-16
- Employees
- 318 (2025 accounts · was 305 in 2024)
- Registered office
- Ping Europe, Corringham Road, Gainsborough, England, DN21 1XZ
- Postcode
- DN21 1XZ
- Capital
- 516 GBP
- Accounts category
- Group
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-10-10
- Next due by
- 2027-10-24
Nature of business (SIC)
- 32300 Manufacture of sports goods
- 46900 Non-specialised wholesale trade
Officers 6 current · 14 resigned
Group structure
Controlled by ICONTACT SECURITY SERVICES LIMITED — since 2025-08-12
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — Z8683652 (Tier 3), registered since 2004.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Gender pay gap
12.6%
Women's median hourly pay below men's, 2025/26 · around the middle of the pack for parity
Contact details
- Website
- pingeurope.uk
Discover PING—Where premium golf apparel meets performance. Shop high-quality golf wear and accessories designed for style and comfort. Shop Now!
Previous company names
| Name | Date changed |
|---|---|
| KARSTEN (U.K.) LIMITED | 1999-07-29 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| CORRINGHAM RD. IND EST, GAINSBOROUGH, LINCS., DN21 1XZ | 2020-02-19 |
Among its peers
Top 10%
by shareholders' funds, of 11 similar companies in DN
The largest employer among its local peers (318 staff).
The oldest of its local peers, trading since 1973.
Competitors Doncaster
This company ranks 1 among manufacture of sports goods in Doncaster.
The class of 1973
51%
of the 7,318 companies incorporated in 1973 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 7 titles
- Freehold
- 5
- Leasehold
- 2
- Most recent registration
- 2024-06-27
- Price paid, where recorded
- £2,500,000
- Where
- Lincolnshire (6), Greater Manchester (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| LL429443 | Lincolnshire | Leasehold | 2024-06-27 | — |
| MAN437022 | Greater Manchester | Leasehold | 2024-04-05 | — |
| LL131194 | Lincolnshire | Freehold | 2023-03-07 | £2,500,000 |
| LL384126 | Lincolnshire | Freehold | 2018-08-09 | — |
| LL346391 | Lincolnshire | Freehold | 2014-01-07 | — |
| LL122272 | Lincolnshire | Freehold | 1995-09-12 | — |
| LL90471 | Lincolnshire | Freehold | 1993-01-14 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.