Gap Group North East Limited in Gateshead, NE10 0ES

Description

Data updated on: 01-11-2023

This enterprise referred to as Gap Group North East was founded on 2015/12/04 as a Private Limited Company. The company's headquarters could be found at Gateshead on Gap House, Nest Road. In case you need to reach this business by post, its area code is NE10 0ES. The company registration number for Gap Group North East Limited is 09903046. The company's registered with SIC code 70100: Activities of head offices. 2021-12-31 is the last time the accounts were reported.

The following limited company owes its accomplishments and permanent progress to six directors, specifically Ian B., Garry H., Andrew L. and 3 remaining, listed below, who have been presiding over the company since 2021/12/01.

The companies with significant control over the firm include: Reil Recycling Ltd owns 1/2 or less of company shares. This company can be reached in Darlington at Coniscliffe Road, DL3 7RT and was registered as a PSC under the reg no 13500928. Peter M. has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	100

Balance Sheet
Cash Bank On Hand		100	100	100	3 871 257
Current Assets				6 768 820	5 758 245
Debtors				2 507 814	2 507 814
Net Assets Liabilities				2 508 659	2 508 659
Other Debtors				2 507 814	2 507 814
Total Inventories				167 261	179 399
Net Assets Liabilities Including Pension Asset Liability	100

Capital & Reserves
Shareholder Funds	100

Other Financial Data
Audit Fees Expenses					30 000
Accumulated Amortisation Impairment Intangible Assets				30 450	30 450
Accumulated Depreciation Impairment Property Plant Equipment				1 196 755	1 521 146
Additions Other Than Through Business Combinations Property Plant Equipment					821 431
Administration Support Average Number Employees				1	1
Administrative Expenses				2 682 508	3 366 203
Amounts Owed By Related Parties					25 021
Amounts Owed To Related Parties				331	431
Amount Specific Bank Loan				49 164	968 745
Applicable Tax Rate				19	19
Average Number Employees During Period				78	67
Balances With Banks				3 713 609	3 867 884
Bank Borrowings				1 233 621	917 818
Cash Cash Equivalents				3 725 355	3 871 257
Cash Cash Equivalents Cash Flow Value			343 044	3 725 355
Cash On Hand				11 746	3 373
Comprehensive Income Expense				1 813 680	233 176
Cost Sales				12 064 607	9 989 433
Creditors				5 179 244	4 109 162
Current Tax For Period					419 631
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period				-4 184	3 754
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				52 139	98 695
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				598 259	301 081
Deferred Tax Liabilities				-147 460	-3 152
Depreciation Amortisation Expense				559 419	570 331
Depreciation Expense Property Plant Equipment				559 419	570 331
Dividend Per Share Final					145
Dividends Paid					-233 176
Dividends Paid Classified As Financing Activities					-233 176
Dividends Paid On Shares Final					233 176
Financial Liabilities				27 699
Fixed Assets				8 736 242	10 695 345
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities				-406 128	-31 369
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-1 373 880	-747 122
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				177 837	-1 168 615
Gain Loss In Cash Flows From Change In Inventories				92 718	12 138
Gain Loss On Disposal Investments In Subsidiaries Associates Joint Ventures				-419 740
Gain Loss On Disposals Property Plant Equipment				3 330
Government Grant Income				133 086
Gross Profit Loss				5 780 910	6 635 628
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				3 382 311	145 902
Increase Decrease In Existing Provisions					403 530
Increase Decrease In Net Debt From Cash Flows					1 273 568
Increase From Depreciation Charge For Year Property Plant Equipment					324 391
Intangible Assets				578	578
Intangible Assets Gross Cost				31 028	31 028
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				27 698	44 285
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss				9 953	10 395
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				537 259	389 612
Interest Income On Bank Deposits				20	399
Interest Paid Classified As Financing Activities				-574 910	-444 292
Interest Paid Classified As Operating Activities				574 910	444 292
Interest Payable Similar Charges Finance Costs				574 910	444 292
Interest Received Classified As Investing Activities				20	399
Interest Received Classified As Operating Activities				20	399
Investments Fixed Assets				1 176	1 276
Investments In Subsidiaries				1 176	1 276
Issue Equity Instruments				2 500 341
Net Cash Flows From Used In Financing Activities				1 535 513	-1 832 065
Net Cash Flows From Used In Investing Activities				-519 380	-2 274 335
Net Cash Flows From Used In Operating Activities				2 366 178	4 252 302
Net Cash Inflow Outflow From Operations Before Movements In Working Capital				4 010 613	3 842 947
Net Current Assets Liabilities				2 507 483	2 507 383
Net Debt Funds				-2 315 485	-1 296 617
New Finance Leases					-254 700
Nominal Value Allotted Share Capital				2 608	2 608
Number Shares Issued Fully Paid				2 608	2 608
Operating Profit Loss				3 454 525	3 272 616
Other Creditors				147 316	159 573
Other Interest Receivable Similar Income Finance Income				20	399
Other Inventories				150 644	137 493
Other Operating Income Format1				356 123	3 191
Other Payables Accrued Expenses				678 490	239 873
Other Remaining Borrowings				347 699	316 330
Other Remaining Operating Income				223 037	3 191
Other Revenue				11 023	3 384
Ownership Interest In Subsidiary Percent				100	100
Par Value Share	1				1
Payments Finance Lease Liabilities Classified As Financing Activities				-1 101 667	-768 405
Pension Costs Defined Contribution Plan				50 500	92 746
Prepayments				569 140	440 209
Proceeds From Issuing Shares				2 500 341
Proceeds From Sales Property Plant Equipment				19 693
Production Average Number Employees				77	66
Profit Loss				1 813 680	233 176
Profit Loss Attributable To Owners Parent				1 813 680	2 005 562
Profit Loss On Ordinary Activities Before Tax				2 459 894	2 828 723
Property Plant Equipment Gross Cost				6 320 658	7 142 089
Provisions				917 916	1 321 446
Provisions For Liabilities Balance Sheet Subtotal				917 916	1 321 446
Purchase Property Plant Equipment				-237 173	-2 274 734
Repayments Borrowings Classified As Financing Activities				-523 407
Revenue From Rendering Services				10 205 746	8 172 356
Revenue From Sale Goods				7 628 748	8 449 321
Social Security Costs				198 133	228 595
Staff Costs Employee Benefits Expense				3 389 557	3 592 390
Taxation Social Security Payable				287 074	77 240
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised				-33 961	-19 718
Tax Decrease Increase From Effect Revenue Exempt From Taxation				-95	-59 001
Tax Expense Credit Applicable Tax Rate				467 380	537 457
Tax Increase Decrease Arising From Group Relief Tax Reconciliation				45 089
Tax Increase Decrease From Effect Capital Allowances Depreciation				23 570	35 467
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				78 596	-9 225
Tax Increase Decrease From Other Tax Effects Tax Reconciliation				17 680	235 732
Tax Tax Credit On Profit Or Loss On Ordinary Activities				646 214	823 161
Total Assets Less Current Liabilities				11 766 085	12 871 919
Total Borrowings				5 151 545	4 109 162
Total Deferred Tax Expense Credit				646 214	403 530
Total Operating Lease Payments				713 311	696 930
Trade Creditors Trade Payables				1 083 969	1 013 380
Turnover Revenue				17 845 517	16 625 061
Unpaid Contributions To Pension Schemes				24 026	9 776
Wages Salaries				3 140 924	3 271 049
Work In Progress				16 617	41 906
Company Contributions To Money Purchase Plans Directors				855	360
Director Remuneration				29 097	76 361
Number Directors Accruing Benefits Under Money Purchase Scheme					4
Called Up Share Capital Not Paid Not Expressed As Current Asset	100
Number Shares Allotted	100
Share Capital Allotted Called Up Paid	100