Gap Products Limited
Registered name: GAP PRODUCTS LIMITED
Part of General All Purpose Plastics Group Limited groupGap 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full 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) | 18 | 39 | 42 | 47 |
| 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 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
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.
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
Group structure
Ownership chain
- General All Purpose Plastics Group Limitedultimate parent75–100%
- General All Purpose Plastics Holdings Ltd75–100%
- Gap Products Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- General All Purpose Plastics LimitedRev. £158m · Profit £1.5m
- Homeline Building Products LimitedFigures not disclosed
- Rockdoor LtdFigures not disclosed
- Weatherseal Insulation LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Big Bear Plastic Products LimitedDroitwich · Manufacture of other plastic products
- Revenue
- £8.5m
- Profit
- £260k
- Staff
- 70
- Universal Trade Frames LimitedShrewsbury · Manufacture of other plastic products
- Revenue
- £8.3m
- Profit
- £868k
- Staff
- 62
- Nordell LimitedWorthing · Manufacture of other plastic products
- Revenue
- £8.3m
- Profit
- £526k
- Staff
- 85
- Mocap LimitedShropshire · Manufacture of other plastic products
- Revenue
- £8.3m
- Profit
- £270k
- Staff
- 68
- Baker & Bellfield LimitedTelford · Manufacture of other plastic products
- Revenue
- £8.3m
- Profit
- £912k
- Staff
- 75
- CPV LtdAldershot · Manufacture of other plastic products
- Revenue
- £8.6m
- Profit
- £741k
- Staff
- 47
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.