PING EUROPE LIMITED
Company number 01129505 · Monitor this company
Executive summary
PING Europe Limited is a fundamentally healthy business with a strong balance sheet (£27.4M net assets), backing from its global parent, and a powerful brand, but is currently experiencing significant margin compression with operating profit falling 56.8% despite only a 9.8% revenue decline. The 2024 downturn appears cyclical and product-launch driven rather than structural, with the upcoming G440 launch providing a credible path to recovery. Immediate priorities should focus on cost structure optimisation, gross margin recovery, and ensuring flawless execution of the 2025 product launch to restore profitability to historical levels.
Shareholders' funds
£27,359,384
Balance sheet as at 2024-12-31
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
- 305 (2024 accounts · was 295 in 2023)
- 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
- 2025-10-10
- Next due by
- 2026-10-24
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 (305 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
52%
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.