How much does Gapsun Properties Limited make?

Gapsun Properties Limited reported revenue of £1.4m and £621k profit in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does Gapsun Properties Limited have?

Gapsun Properties Limited reported an average of 3 employees in the year to 30 Nov 2024.

Is Gapsun Properties Limited profitable?

Yes — Gapsun Properties Limited reported a profit of £621k in the year to 30 Nov 2024.

Company No. 08891150 · Incorporated 12 Feb 2014

Gapsun Properties Limited

Registered name: GAPSUN PROPERTIES LIMITED

Part of Trad Properties LLP group

Gapsun Properties Limited made £1.4m revenue and £621k profit in the year to 30 Nov 2024.

Gapsun Properties Limited’s revenue grew 3% to £1.4m in the year to 30 Nov 2024, with £621k profit and 3 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Loughton; we hold 4 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Loughton, London
Age: 12 yrs · since 2014
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. From the filing: “Trad Properties LLP”

Latest accounts · year to 30 Nov 2024

Key figures

Small team

Revenue

£1.4m

Growth ▲3.4%

Profit

£621k

Growth ▼55.5%

Profit margin

43.2%

Gross 94.5%

Employees

Change 0%

Profit / employee

£207k

Revenue/employee £479k

Profitable streak

4yrs

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 to	30 Nov 2021	30 Nov 2022	30 Nov 2023	30 Nov 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£997k	£1.4m	£1.4m	£1.4m
Cost of sales	£22.4k	£70.2k	£72.5k	£79k
Gross profit	£975k	£1.3m	£1.3m	£1.4m
Operating profit	£11.2m	£1.2m	£1.1m	£469k
Profit before tax	£4.4m	£1.5m	£1.4m	£625k
Profit after tax	£1.3m	£1.5m	£1.4m	£621k
Profit (best available)	£1.3m	£1.5m	£1.4m	£621k
Employees (average)	3	3	3	3
Ratios
Profit margin	126.6%	110%	100.2%	43.2%
Gross margin	97.8%	94.8%	94.8%	94.5%
Revenue per employee	£332k	£451k	£463k	£479k
Profit per employee	£421k	£496k	£464k	£207k
Growth (year on year)
Revenue growth	—	▲35.6%	▲2.8%	▲3.4%
Profit growth	—	▲17.8%	▼6.3%	▼55.5%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.8m	£4.6m	£2.2m	£3.7m
Net assets	£41.3m	£42.8m	£44.2m	£44.8m
Fixed assets	£35.2m	£35.7m	£42.2m	£42.2m
Current assets	£12.2m	£17.3m	£12.2m	£12.3m
Debtors	£291k	£429k	£405k	£169k
Deferred income	£128k	£168k	£187k	£53.6k
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: 43.2%; Profit ÷ revenue.
Gross margin: 94.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £479k; Revenue ÷ average employees.
Profit per employee: £207k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2936%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.8%; 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: ▲1%; Now £44.8m
Cash at bank: ▲66%; Now £3.7m
Headcount: 0%; Now 3
Deferred income: ▼71%; Now £53.6k
Fixed assets: 0%; Now £42.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Trad Properties LLPultimate parent75–100%
Gapsun Properties Limitedthis company

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

Subsidiaries (1)

Texo Group LimitedRev. — · Profit £239k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £621k), from the Companies House accounts bulk data published Aug 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.