PROOFPOINT LIMITED

Company number

05087111

Status

Active

Incorporation

2004-03-29

Last accounts made up

2024-12-31

Account category

GROUP

Primary SIC

62090

Hubs

UK AI & Enterprise SaaS

Accounting basis

FRS 102

Reporting scope

Consolidated (group)

Auditor

WP Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“A parent company of Proofpoint Limited, Proofpoint, Inc. remains in a strong financial position as at 31 December 2024 with over $229.5M of cash and cash equivalents and strong revenue growth. Proofpoint, Inc. also has access to a $300M revolving line of credit and the additional backing of Thoma Bravo, LLC a large and well-funded private equity conglomerate. Given Proofpoint, Inc.'s strong cash position, recurring revenue base, commitment to continue growing the business, the director is satisfied that Proofpoint, Inc. has the ability to provide support and that it will be forthcoming if required. On this basis, the director has prepared the financial statements on a going concern basis.”

Subsidiaries

• Proofpoint NI Limited · 100% held · Northern Ireland, UK · Research and development

Significant events

• “The average employee numbers of the group in the year to 31 December 2024 have decreased from 545 to 520.”
• “profit before tax...has decreased. This decrease is mainly due to the group receiving a government grant in the prior year as an incentive for employing 82 employees. No such grant was received in the current year.”
• “During the year, the directors identified that the Employee Appreciation Rights (EARs) scheme, introduced by the group's US parent, had not been accounted for in the group's financial statements. As a result, an adjustment was made to the comparative figures at 31 December 2023 to reflect both the associated costs and liabilities of the scheme.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers