Gap Polymers Ltd
11102263
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 06/12/2025
Due 20/12/2026
Industry
Officers
director · Since 07/12/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 3 other boards
director · Since 07/12/2017
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 14 other boards
director · Since 25/11/2025
BRITISH · UNITED KINGDOM · Age 49
Also on 12 other boards
Persons with Significant Control
Gap Group North East Limited
Gap House, Nest Road, Gateshead
Reg: 09903046 · Companies House · Limited
Notified 07/12/2017
Former PSCs
Sirg Uk Ltd
Ceased 31/10/2021
Charges1 outstanding
HSBC UK BANK PLC
LEUMI ABL LIMITED
CompanyRankvs 19520+ SIC 38320 peers18
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£1.6M
Balance sheet strength
Cash
£268k
Cash in the bank
Net Current Assets
-£3.0M
Working capital
Current Assets
£948k
Current Liabilities
£4.0M
Fixed Assets
£5.2M
Debtors
£597k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.24 | -£1.0M |
| 2023 | 0.09 | -£362k |
| 2021 | 0.02 | +£0 |
| 2020 | 0.02 | +£0 |
| 2019 | 0.02 | -£235k |
| 2018 | 1.13 | — |
Derived from filed accounts. Not audited figures.