PING IDENTITY LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +26.5%

  £94,495,089 → £119,565,578

• Cash

  +388.6%

  £7,454,682 → £36,424,583

• Net assets

  +66.2%

  -£92,817,427 → -£31,381,225

• Employees

  +14%

  300 → 342

• Operating profit

  +122%

  -£24,042,689 → £5,280,858

• Profit before tax

  +113.8%

  -£25,511,145 → £3,519,874

• Wages

  +8.2%

  £31,884,390 → £34,496,765

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. PING IDENTITY LIMITED 2024-02-01 → present
2. FORGEROCK LIMITED 2010-04-19 → 2024-02-01

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors of the company have made enquiries and have a reasonable expectation that Ping Identity Corporation group has adequate resources to provide support to the company if required. The group's executive committee, including Ping Identity Limited's (formerly ForgeRock Limited's) directors, have reviewed the group's forecasts of revenue, cash and operating expense projections and approves the continuing adoption of a going concern basis for preparing financial statements.”

Group structure

1. PING IDENTITY LIMITED · parent
   1. Ping Identity UK Limited 1% · UK · Ceased trading on 1 July 2024; directors intend to liquidate in due course.

Significant events

• “On 23 August 2023, Thoma Bravo announced the acquisition of ForgeRock Inc, the company's parent company, and its wholly owned subsidiaries, including ForgeRock Limited. The combined company is positioned to better serve customers.”
• “On 1 February 2024, ForgeRock Limited changed its company name to Ping Identity Limited.”
• “On 30 June 2024, Ping Identity International Inc. transferred its 100% shareholding in Ping Identity UK Limited ("PIUK") to the Company for consideration of £1. As a result, the Company became the immediate parent undertaking of PIUK.”
• “On 1 July 2024, PIUK transferred its trade, assets and liabilities to the Company by way of a distribution in specie, including the transfer of all employees and the assignment of existing vendor agreements and intercompany arrangements. PIUK ceased trading from this date, and the directors intend to liquidate PIUK in due course.”
• “On October 29,2025, the Company entered into a definitive agreement to acquire Keyless Holding Limited, an innovator in privacy-preserving biometric authentication, for a total purchase price of approximately $72.5M.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

3

last 24 months

Officers appointed

2

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.