PING NETWORK SOLUTIONS LIMITED
📉Decliningactive
SC365069 · ltd · incorporated 2009-09-04
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
£25.49M
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Computer facilities management activities
Sector: Information & communication
ALSO REGISTERED FOR
- 74909Other professional, scientific and technical activities n.e.c.
- 95110Repair of computers and peripheral equipment
Investor take
PursueConservative operator with a 74-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (88/100).
🏦
Refinance opportunity
1 live charge · oldest 16.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 16.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 9 with DOB)
90
Ownership & PSC
1 active PSC(s) of 7 total, 7 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,428,163
Turnover YoY
-1%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Turnover | £25.49M | £25.73M |
| Gross profit | £6.63M | £6.50M |
| Operating profit | £1.42M | £2.42M |
| Profit before tax | £1.43M | £2.44M |
| Average employees | 10300 | 9600 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2025-06-27📄accounts-with-accounts-type-fullaccounts · AA
- 2024-11-27📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-10-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-30➖BRUCE, David resigneddirector
- 2024-06-30➖NORGATE, Philip Neil resigneddirector
- 2024-06-10➕MORETON, Kevin appointeddirector
- 2024-06-10➕SLAMENKAITE, Olga appointeddirector
- 2024-05-17📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-31📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-10-10📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-18➕MOTTARD, Jacques Francis appointeddirector
- 2022-03-18➕BRUCE, David appointeddirector
- 2022-03-18➖GODFREY, Kenny resigneddirector
- 2022-03-18➖NEILL, Terry resigneddirector
- 2022-03-18➕NORGATE, Philip Neil appointeddirector
- 2022-03-18➖RICHMOND, Alister resigneddirector
- 2022-03-18➖WATT, Graeme resigneddirector
- 2021-05-05🔓Charge satisfied #1
- 2010-02-05🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2009-09-04🏢Company incorporatedAs PING NETWORK SOLUTIONS LIMITED
- 2009-09-04➕GODFREY, Kenny appointeddirector
- 2009-09-04➕NEILL, Terry appointeddirector
- 2009-09-04➕RICHMOND, Alister appointeddirector
- 2009-09-04➕WATT, Graeme appointeddirector
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Sword Charteris Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Sword Charteris Limited
Corporate parent · holds 75-100% shares
⬇
PING NETWORK SOLUTIONS LIMITED
This company · SC365069
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Sword Charteris Limited Corporate entity | 75–100% | — | 75-100% shares | 01/07/2024 |
6 historic (ceased) PSCs
- Mr David Bruceceased 30/06/2024· significant influence
- Mr Philip Neil Norgateceased 30/06/2024· significant influence
- Mr Kenny Godfreyceased 18/03/2022· significant influence
- Mr Terry Neillceased 18/03/2022· significant influence
- Mr Alister Richmondceased 18/03/2022· significant influence
- Mr Graeme Wattceased 18/03/2022· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| SHFCOM LIMITED→ SC879468 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SHOESHINE MUSIC LTD.→ SC619039 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| SHRUBHILL PUBLICATIONS LIMITED→ SC784911 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SILVER ASSOCIATES LTD→ SC693543 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| SIMBIOTTIK LIMITED→ SC311379 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| SKK PRODUCTIONS LIMITED→ SC368689 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| SLD PRODUCTIONS LTD→ SC503088 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| SOLAIS LIMITED→ SC789494 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SOPHIE GRAVIA LTD→ SC778740 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SPARK CONNECTIONS LIMITED→ SC637009 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| SPECTRUM IMPULSE LTD→ SC547548 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| STEADYHAND PRODUCTIONS LIMITED→ SC727739 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2009-09-04
Jurisdictionscotland
Primary SIC62030 — Computer facilities management activities
Registered office
3 Dove Wynd
Strathclyde Business Park
Bellshill
ML4 3FB
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20
Officers (3 active · 6 resigned)
MORETON, Kevin→
Activedirector · ~49y · appointed 2024-06-10
View their other companies + combined net worth →
MOTTARD, Jacques Francis→
Activedirector · ~74y · appointed 2022-03-18
View their other companies + combined net worth →
SLAMENKAITE, Olga→
Activedirector · ~41y · appointed 2024-06-10
View their other companies + combined net worth →
BRUCE, David→
Resigneddirector · ~58y · appointed 2022-03-18 · resigned 2024-06-30
GODFREY, Kenny→
Resigneddirector · ~49y · appointed 2009-09-04 · resigned 2022-03-18
NEILL, Terry→
Resigneddirector · ~44y · appointed 2009-09-04 · resigned 2022-03-18
NORGATE, Philip Neil→
Resigneddirector · ~53y · appointed 2022-03-18 · resigned 2024-06-30
RICHMOND, Alister→
Resigneddirector · ~51y · appointed 2009-09-04 · resigned 2022-03-18
WATT, Graeme→
Resigneddirector · ~53y · appointed 2009-09-04 · resigned 2022-03-18
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 05/02/2010 | 05/05/2021 |
Recent filings (77 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-full
accounts · AA
2025-06-27
change-person-director-company-with-change-date
officers · CH01
2024-11-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-11-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-11
appoint-person-director-company-with-name-date
officers · AP01
2024-07-15
appoint-person-director-company-with-name-date
officers · AP01
2024-07-15
termination-director-company-with-name-termination-date
officers · TM01
2024-07-15
termination-director-company-with-name-termination-date
officers · TM01
2024-07-15
accounts-with-accounts-type-full
accounts · AA
2024-05-17
accounts-with-accounts-type-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-26
change-account-reference-date-company-current-shortened
accounts · AA01
2022-10-31