the gap partnership group limited
the gap partnership group limited Company Information
Company Number
10151712
Next Accounts
Nov 2025
Shareholders
the prudential insurance company of america
stephen gates
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
ashlyns hall chesham road, berkhamsted, hertfordshire, HP4 2ST
Website
www.thegappartnership.comthe gap partnership group limited Estimated Valuation
Pomanda estimates the enterprise value of THE GAP PARTNERSHIP GROUP LIMITED at £118.3m based on a Turnover of £55.8m and 2.12x industry multiple (adjusted for size and gross margin).
the gap partnership group limited Estimated Valuation
Pomanda estimates the enterprise value of THE GAP PARTNERSHIP GROUP LIMITED at £141.7m based on an EBITDA of £8.7m and a 16.3x industry multiple (adjusted for size and gross margin).
the gap partnership group limited Estimated Valuation
Pomanda estimates the enterprise value of THE GAP PARTNERSHIP GROUP LIMITED at £0 based on Net Assets of £-37m and 2.14x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Gap Partnership Group Limited Overview
The Gap Partnership Group Limited is a live company located in hertfordshire, HP4 2ST with a Companies House number of 10151712. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2016, it's largest shareholder is the prudential insurance company of america with a 19.3% stake. The Gap Partnership Group Limited is a young, large sized company, Pomanda has estimated its turnover at £55.8m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Gap Partnership Group Limited Health Check
Pomanda's financial health check has awarded The Gap Partnership Group Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £55.8m, make it larger than the average company (£20.9m)
£55.8m - The Gap Partnership Group Limited
£20.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (8.6%)
31% - The Gap Partnership Group Limited
8.6% - Industry AVG
Production
with a gross margin of 92.2%, this company has a lower cost of product (33.4%)
92.2% - The Gap Partnership Group Limited
33.4% - Industry AVG
Profitability
an operating margin of 2.2% make it less profitable than the average company (5.7%)
2.2% - The Gap Partnership Group Limited
5.7% - Industry AVG
Employees
with 280 employees, this is above the industry average (113)
280 - The Gap Partnership Group Limited
113 - Industry AVG
Pay Structure
on an average salary of £110.7k, the company has a higher pay structure (£49k)
£110.7k - The Gap Partnership Group Limited
£49k - Industry AVG
Efficiency
resulting in sales per employee of £199.2k, this is equally as efficient (£197.1k)
£199.2k - The Gap Partnership Group Limited
£197.1k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (44 days)
50 days - The Gap Partnership Group Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (42 days)
63 days - The Gap Partnership Group Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (47 days)
9 days - The Gap Partnership Group Limited
47 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (16 weeks)
17 weeks - The Gap Partnership Group Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 191.9%, this is a higher level of debt than the average (54.6%)
191.9% - The Gap Partnership Group Limited
54.6% - Industry AVG
THE GAP PARTNERSHIP GROUP LIMITED financials
The Gap Partnership Group Limited's latest turnover from February 2024 is £55.8 million and the company has net assets of -£37 million. According to their latest financial statements, The Gap Partnership Group Limited has 280 employees and maintains cash reserves of £5.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 55,781,952 | 55,442,200 | 45,027,430 | 25,028,328 | 49,422,561 | 46,721,241 | 43,659,147 | 29,874,993 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 4,366,440 | 4,777,033 | 2,240,673 | 1,005,443 | 4,748,880 | 4,342,669 | 4,312,130 | 2,963,633 |
| Gross Profit | 51,415,512 | 50,665,167 | 42,786,757 | 24,022,885 | 44,673,681 | 42,378,572 | 39,347,017 | 26,911,360 |
| Admin Expenses | 50,210,499 | 47,895,670 | 39,660,555 | 31,980,827 | 41,114,266 | 38,299,699 | 36,154,857 | 25,545,643 |
| Operating Profit | 1,205,013 | 2,769,497 | 3,126,202 | -7,957,942 | 3,559,415 | 4,078,873 | 3,192,160 | 1,365,717 |
| Interest Payable | 3,897,452 | 3,228,872 | 3,424,000 | 3,082,475 | 5,240,139 | 4,541,107 | 3,680,095 | 3,195,004 |
| Interest Receivable | 6,253 | 3,508 | 1,377 | 5,531 | 666,054 | 22,710 | 8,854 | 12,555 |
| Pre-Tax Profit | -2,151,824 | -3,252,414 | -5,635,721 | -9,169,805 | 3,557,470 | -5,442,440 | -4,684,081 | -4,028,719 |
| Tax | -2,002,705 | -1,662,449 | -912,905 | 621,090 | -1,448,301 | -1,388,410 | -1,028,319 | -277,064 |
| Profit After Tax | -4,154,529 | -4,914,863 | -6,548,626 | -8,548,715 | 2,109,169 | -6,830,850 | -5,712,400 | -4,305,783 |
| Dividends Paid | ||||||||
| Retained Profit | -4,154,529 | -4,914,863 | -6,548,626 | -8,548,715 | 2,109,169 | -6,830,850 | -5,712,400 | -4,305,783 |
| Employee Costs | 31,004,146 | 30,757,823 | 26,456,559 | 18,164,218 | 25,301,869 | 23,966,246 | 22,267,928 | 15,862,920 |
| Number Of Employees | 280 | 256 | 217 | 213 | 236 | 216 | 195 | 179 |
| EBITDA* | 8,693,441 | 9,549,582 | 9,383,149 | -1,664,319 | 9,489,144 | 9,809,173 | 8,760,536 | 6,018,484 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 516,856 | 687,131 | 415,502 | 411,515 | 447,896 | 476,182 | 412,133 | 395,427 |
| Intangible Assets | 20,708,975 | 25,699,434 | 28,460,550 | 31,317,524 | 35,042,170 | 39,277,884 | 44,072,412 | 49,155,714 |
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | 39,368 | 103,963 | ||||||
| Total Fixed Assets | 21,225,831 | 26,386,565 | 28,876,052 | 31,729,039 | 35,529,434 | 39,858,029 | 44,484,545 | 49,551,141 |
| Stock & work in progress | 117,723 | 254,968 | 225,642 | 218,281 | 215,901 | 184,057 | 236,292 | 165,885 |
| Trade Debtors | 7,791,957 | 7,565,346 | 8,533,095 | 4,387,504 | 7,882,884 | 7,450,467 | 8,635,288 | 8,350,045 |
| Group Debtors | 194,227 | 150,610 | ||||||
| Misc Debtors | 5,224,626 | 7,851,308 | 5,790,264 | 3,313,641 | 2,562,124 | 1,866,861 | 1,583,138 | 1,551,329 |
| Cash | 5,859,051 | 7,406,856 | 6,729,090 | 8,229,316 | 9,031,045 | 14,289,124 | 11,781,631 | 9,299,675 |
| misc current assets | ||||||||
| total current assets | 18,993,357 | 23,078,478 | 21,278,091 | 16,148,742 | 19,886,181 | 23,941,119 | 22,236,349 | 19,366,934 |
| total assets | 40,219,188 | 49,465,043 | 50,154,143 | 47,877,781 | 55,415,615 | 63,799,148 | 66,720,894 | 68,918,075 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 762,859 | 2,906,365 | 1,465,255 | 968,607 | 406,211 | 1,008,563 | 744,640 | 942,690 |
| Group/Directors Accounts | ||||||||
| other short term finances | 3,269,505 | 2,136,619 | 2,514,189 | 3,890,541 | 2,008,540 | 1,968,750 | 1,312,500 | 400,000 |
| hp & lease commitments | ||||||||
| other current liabilities | 13,692,660 | 14,531,382 | 13,478,581 | 7,672,366 | 8,052,195 | 9,887,815 | 10,469,857 | 11,737,382 |
| total current liabilities | 17,725,024 | 19,574,366 | 17,458,025 | 12,531,514 | 10,466,946 | 12,865,128 | 12,526,997 | 13,080,072 |
| loans | 59,462,925 | 61,282,687 | 59,836,021 | 55,784,430 | 56,564,864 | 64,555,489 | 60,786,611 | 56,831,229 |
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 778 | 1,321,019 | 1,240,813 | 1,533,103 | 1,833,969 | 2,129,514 | 2,805,569 | 2,707,144 |
| total long term liabilities | 59,463,703 | 62,603,706 | 61,076,834 | 57,317,533 | 58,398,833 | 66,685,003 | 63,592,180 | 59,538,373 |
| total liabilities | 77,188,727 | 82,178,072 | 78,534,859 | 69,849,047 | 68,865,779 | 79,550,131 | 76,119,177 | 72,618,445 |
| net assets | -36,969,539 | -32,713,029 | -28,380,716 | -21,971,266 | -13,450,164 | -15,750,983 | -9,398,283 | -3,700,370 |
| total shareholders funds | -36,969,539 | -32,713,029 | -28,380,716 | -21,971,266 | -13,450,164 | -15,750,983 | -9,398,283 | -3,700,370 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,205,013 | 2,769,497 | 3,126,202 | -7,957,942 | 3,559,415 | 4,078,873 | 3,192,160 | 1,365,717 |
| Depreciation | 267,163 | 323,395 | 228,052 | 284,005 | 271,164 | 240,968 | 160,369 | 179,842 |
| Amortisation | 7,221,265 | 6,456,690 | 6,028,895 | 6,009,618 | 5,658,565 | 5,489,332 | 5,408,007 | 4,472,925 |
| Tax | -2,002,705 | -1,662,449 | -912,905 | 621,090 | -1,448,301 | -1,388,410 | -1,028,319 | -277,064 |
| Stock | -137,245 | 29,326 | 7,361 | 2,380 | 31,844 | -52,235 | 70,407 | 165,885 |
| Debtors | -2,400,071 | 1,093,295 | 6,622,214 | -2,977,458 | 1,106,702 | -646,525 | 317,052 | 9,901,374 |
| Creditors | -2,143,506 | 1,441,110 | 496,648 | 562,396 | -602,352 | 263,923 | -198,050 | 942,690 |
| Accruals and Deferred Income | -838,722 | 1,052,801 | 5,806,215 | -379,829 | -1,835,620 | -582,042 | -1,267,525 | 11,737,382 |
| Deferred Taxes & Provisions | -1,320,241 | 80,206 | -292,290 | -300,866 | -295,545 | -676,055 | 98,425 | 2,707,144 |
| Cash flow from operations | 4,925,583 | 9,338,629 | 7,851,242 | 1,813,550 | 4,168,780 | 8,125,349 | 5,977,608 | 11,061,377 |
| Investing Activities | ||||||||
| capital expenditure | -1,001,364 | -510,799 | -48,898,206 | |||||
| Change in Investments | ||||||||
| cash flow from investments | -1,001,364 | -510,799 | -48,898,206 | |||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | 1,132,886 | -377,570 | -1,376,352 | 1,882,001 | 39,790 | 656,250 | 912,500 | 400,000 |
| Long term loans | -1,819,762 | 1,446,666 | 4,051,591 | -780,434 | -7,990,625 | 3,768,878 | 3,955,382 | 56,831,229 |
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | -3,891,199 | -3,225,364 | -3,422,623 | -3,076,944 | -4,574,085 | -4,518,397 | -3,671,241 | -3,182,449 |
| cash flow from financing | -4,680,056 | -1,573,718 | -608,208 | -1,947,764 | -12,333,270 | 384,881 | 1,211,128 | 54,654,193 |
| cash and cash equivalents | ||||||||
| cash | -1,547,805 | 677,766 | -1,500,226 | -801,729 | -5,258,079 | 2,507,493 | 2,481,956 | 9,299,675 |
| overdraft | ||||||||
| change in cash | -1,547,805 | 677,766 | -1,500,226 | -801,729 | -5,258,079 | 2,507,493 | 2,481,956 | 9,299,675 |
the gap partnership group limited Credit Report and Business Information
The Gap Partnership Group Limited Competitor Analysis
Perform a competitor analysis for the gap partnership group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in HP4 area or any other competitors across 12 key performance metrics.
the gap partnership group limited Ownership
THE GAP PARTNERSHIP GROUP LIMITED group structure
The Gap Partnership Group Limited has 1 subsidiary company.
Ultimate parent company
THE GAP PARTNERSHIP GROUP LIMITED
10151712
1 subsidiary
the gap partnership group limited directors
The Gap Partnership Group Limited currently has 6 directors. The longest serving directors include Mr Stephen Gates (May 2016) and Mr Graham Botwright (May 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Gates | England | 64 years | May 2016 | - | Director |
| Mr Graham Botwright | England | 56 years | May 2016 | - | Director |
| Mr Donald Campbell | United Kingdom | 61 years | Jun 2016 | - | Director |
| Mr Edward Barker | England | 40 years | Jun 2019 | - | Director |
| Mr Edward Barker | England | 40 years | Jun 2019 | - | Director |
| Mr William Scanlan | United Kingdom | 38 years | Mar 2024 | - | Director |
P&L
February 2024turnover
55.8m
+1%
operating profit
1.2m
-56%
gross margin
92.2%
+0.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-37m
+0.13%
total assets
40.2m
-0.19%
cash
5.9m
-0.21%
net assets
Total assets minus all liabilities
the gap partnership group limited company details
company number
10151712
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
February 2024
previous names
de facto 2230 limited (May 2016)
accountant
-
auditor
GRANT THORNTON UK LLP
address
ashlyns hall chesham road, berkhamsted, hertfordshire, HP4 2ST
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
the gap partnership group limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to the gap partnership group limited. Currently there are 3 open charges and 0 have been satisfied in the past.
the gap partnership group limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for THE GAP PARTNERSHIP GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
the gap partnership group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
