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Company No. 13066508 · Incorporated 6 Dec 2020

Gap Products Limited

Registered name: GAP PRODUCTS LIMITED

Part of General All Purpose Plastics Group Limited group

Gap Products Limited made £8.4m revenue and £719k profit in the year to 31 May 2025.

Gap Products Limited’s revenue grew 33% to £8.4m in the year to 31 May 2025, with £719k profit and 47 employees. The company is classified under “manufacture of other plastic products” and is based in Blackburn; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 22290Manufacture of other plastic products
Status
Active
Location
Blackburn, North West
Age
5 yrs · since 2020
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.

Latest accounts · year to 31 May 2025

Key figures

Young and profitableOperating leverage
Revenue
£8.4m
Growth ▲32.6%
Profit
£719k
Growth ▲1222%
Profit margin
8.5%
Gross 28%
Employees
47
Change ▲11.9%
Profit / employee
£15.3k
Revenue/employee £179k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202231 May 202331 May 202431 May 2025
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£4.5m£6.4m£8.4m
Cost of sales—£3.3m£4.7m£6.1m
Gross profit—£1.1m£1.6m£2.4m
Profit before tax—−£625k£54.4k£719k
Profit after tax—−£625k£54.4k£719k
Profit (best available)—−£625k£54.4k£719k
Employees (average)18394247
Ratios
Profit margin—−14%0.9%8.5%
Gross margin—25.3%25.9%28%
Revenue per employee—£115k£151k£179k
Profit per employee—−£16k£1.3k£15.3k
Growth (year on year)
Revenue growth——▲41.9%▲32.6%
Profit growth———▲1222%
Headcount growth——▲7.7%▲11.9%
Balance sheet — indirect signals, not revenue
Cash at bank£297k£602k£1.2m£557k
Net assets−£1.4m−£2m−£2m−£1.2m
Fixed assets£1.4m£1.4m£1.4m£1.2m
Current assets£2.3m£2.8m£3.5m£2.8m
Debtors£439k£461k£330k£202k
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
8.5%
Profit ÷ revenue.
Gross margin
28%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£179k
Revenue ÷ average employees.
Profit per employee
£15.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
14.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.4%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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 −£1.2m
Cash at bank
▼55%
Now £557k
Headcount
▲12%
Now 47
Deferred income
—
Now —
Fixed assets
▼12%
Now £1.2m
Corporate ownership

Group structure

Ownership chain

  1. General All Purpose Plastics Group Limitedultimate parent75–100%
  2. General All Purpose Plastics Holdings Ltd75–100%
  3. Gap Products Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (4)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 May 2025 (profit £719k), from the Companies House accounts bulk data published Feb 2026. 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.