partnership way, shadsworth business park, blackburn, lancashire, BB1 2QP
Website
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gap products limitedEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of GAP PRODUCTS LIMITED at £2.7m based on a Turnover of £6.4m and 0.43x industry multiple (adjusted for size and gross margin).
gap products limitedEstimated Valuation
£1m
Pomanda estimates the enterprise value of GAP PRODUCTS LIMITED at £1m based on an EBITDA of £314.3k and a 3.22x industry multiple (adjusted for size and gross margin).
gap products limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GAP PRODUCTS LIMITED at £0 based on Net Assets of £-2m and 1.58x industry multiple (adjusted for liquidity).
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Gap Products LimitedOverview
Gap Products Limited is a live company located in blackburn, BB1 2QP with a Companies House number of 13066508. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in December 2020, it's largest shareholder is
general all purpose plastics holdings ltd
with a 100% stake. Gap Products Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£6.4m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Gap Products Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
3 Regular
6 Weak
Size
annual sales of £6.4m, make it smaller than the average company (£16.2m)
£6.4m - Gap Products Limited
£16.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Gap Products Limited
- - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (27.9%)
25.9% - Gap Products Limited
27.9% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5.4%)
0.9% - Gap Products Limited
5.4% - Industry AVG
Employees
with 42 employees, this is below the industry average (102)
42 - Gap Products Limited
102 - Industry AVG
Pay Structure
on an average salary of £38.7k, the company has an equivalent pay structure (£38.7k)
£38.7k - Gap Products Limited
£38.7k - Industry AVG
Efficiency
resulting in sales per employee of £151.2k, this is equally as efficient (£165.5k)
£151.2k - Gap Products Limited
£165.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Gap Products Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (40 days)
67 days - Gap Products Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 146 days, this is more than average (57 days)
146 days - Gap Products Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Gap Products Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 140.7%, this is a higher level of debt than the average (41.9%)
140.7% - Gap Products Limited
41.9% - Industry AVG
GAP PRODUCTS LIMITED financials
EXPORT
Gap Products Limited's latest turnover from May 2024 is £6.4 million and the company has net assets of -£2 million. According to their latest financial statements, Gap Products Limited has 42 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
Turnover
6,352,478
4,475,067
3,639,582
Other Income Or Grants
Cost Of Sales
4,704,623
3,341,830
2,606,879
Gross Profit
1,647,855
1,133,237
1,032,703
Admin Expenses
1,593,475
1,758,649
2,425,906
Operating Profit
54,380
-625,412
-1,393,203
Interest Payable
Interest Receivable
1,486
Pre-Tax Profit
54,380
-625,412
-1,391,717
Tax
Profit After Tax
54,380
-625,412
-1,391,717
Dividends Paid
Retained Profit
54,380
-625,412
-1,391,717
Employee Costs
1,626,314
1,417,111
624,226
Number Of Employees
42
39
18
EBITDA*
314,311
-395,346
-1,287,353
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
Tangible Assets
1,375,780
1,371,034
1,374,775
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,375,780
1,371,034
1,374,775
Stock & work in progress
1,887,242
1,756,507
1,579,896
Trade Debtors
Group Debtors
Misc Debtors
329,749
460,932
438,525
Cash
1,235,363
602,333
297,111
misc current assets
total current assets
3,452,354
2,819,772
2,315,532
total assets
4,828,134
4,190,806
3,690,307
Bank overdraft
Bank loan
Trade Creditors
871,046
588,572
327,468
Group/Directors Accounts
5,498,247
5,251,726
4,584,274
other short term finances
hp & lease commitments
other current liabilities
421,589
367,636
170,281
total current liabilities
6,790,882
6,207,934
5,082,023
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
6,790,882
6,207,934
5,082,023
net assets
-1,962,748
-2,017,128
-1,391,716
total shareholders funds
-1,962,748
-2,017,128
-1,391,716
May 2024
May 2023
May 2022
Operating Activities
Operating Profit
54,380
-625,412
-1,393,203
Depreciation
259,931
230,066
105,850
Amortisation
Tax
Stock
130,735
176,611
1,579,896
Debtors
-131,183
22,407
438,525
Creditors
282,474
261,104
327,468
Accruals and Deferred Income
53,953
197,355
170,281
Deferred Taxes & Provisions
Cash flow from operations
651,186
-135,905
-2,808,025
Investing Activities
capital expenditure
-264,677
-226,325
-1,480,625
Change in Investments
cash flow from investments
-264,677
-226,325
-1,480,625
Financing Activities
Bank loans
Group/Directors Accounts
246,521
667,452
4,584,274
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
1,486
cash flow from financing
246,521
667,452
4,585,761
cash and cash equivalents
cash
633,030
305,222
297,111
overdraft
change in cash
633,030
305,222
297,111
gap products limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for gap products limited. Get real-time insights into gap products limited's credit score, group structure and payment trends.
Perform a competitor analysis for gap products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BB1 area or any other competitors across 12 key performance metrics.
The sole shareholder of Gap Products Limited is General All Purpose Plastics Holdings Ltd.
general all purpose plastics holdings ltd
100%
gap products limited directors
Gap Products Limited currently has 6 directors.
The longest serving directors include
Mr Andrew Greensmith (Dec 2020) and
Mr Daniel Cavanagh (Dec 2020).
partnership way, shadsworth business park, blackburn, lancashire, BB1 2QP
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Legal Advisor
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gap products 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 1 charges/mortgages relating to gap products limited. Currently there are 1 open charges and 0 have been satisfied in the past.
gap products 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.
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gap products limitedCompanies House Filings - See Documents
