Gap Group Limited
Registered name: GAP GROUP LIMITED
Part of Gap Holdings Limited groupGap Group Limited made £326m revenue and £29m profit in the year to 31 Mar 2025.
Gap Group Limited’s revenue grew 8% to £326m in the year to 31 Mar 2025, with £29m profit and 2,104 employees. The company is classified under “renting and leasing of construction and civil engineering machinery and equipment” and is based in Gateshead; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Gateshead, North East
- Age
- 102 yrs · since 1924
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £278m | £302m | £326m |
| Cost of sales | −£170m | −£185m | −£200m |
| Gross profit | £108m | £118m | £126m |
| Operating profit | £50.7m | £56.7m | £53m |
| Profit before tax | £44.3m | £43.9m | £39.5m |
| Profit after tax | £35.4m | £32.9m | £29m |
| Profit (best available) | £35.4m | £32.9m | £29m |
| Employees (average) | 1,964 | 2,063 | 2,104 |
| Ratios | |||
| Profit margin | 12.7% | 10.9% | 8.9% |
| Gross margin | 38.9% | 38.9% | 38.7% |
| Revenue per employee | £142k | £147k | £155k |
| Profit per employee | £18k | £15.9k | £13.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▲8.6% | ▲7.8% |
| Profit growth | — | ▼7.2% | ▼11.7% |
| Headcount growth | — | ▲5% | ▲2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 8.9%
- Profit ÷ revenue.
- Gross margin
- 38.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £155k
- Revenue ÷ average employees.
- Profit per employee
- £13.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲2%
- Now 2,104
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Gap Holdings Limitedultimate parent75–100%
- Gap Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- Bavanar LimitedFigures not disclosed
- Gap Group Leasing LimitedFigures not disclosed
- Gap Group Properties LimitedFigures not disclosed
- Gap Hire LimitedFigures not disclosed
- Gap Hire Solutions LimitedFigures not disclosed
- Mobile Healthcare Solutions LimitedFigures not disclosed
Sister companies (1)
- Gordon Anderson Plant LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £29m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.