Gap Products Limited

Gap Products Ltd, based in Blackburn, UK, is a small holding company with an active status. Founded four years ago in December 2020, it employs 39 people and holds assets worth £3,452,354. The company generates a yearly revenue of £6,352,478 and operates a real address, with six directors and one owner. It runs an e-commerce site and has a Google rating of 3.0 based on five reviews. The company is an irregular importer of aluminum and aluminum products, with recent import activity occurring just two months ago.

Gap Products Ltd specializes in supplying uPVC fascias, soffits, gutters, and cladding, operating an extensive network of over 100 depots across the UK. Its website highlights a focus on online sales and trade accounts, allowing customers to select a local depot for fast UK delivery or collection. The company also exclusively offers Rockdoor, a brand of secure and thermally efficient composite doors. It’s a busy operation, with a blog keeping customers updated on new products and depot openings.

Financially, Gap Products Ltd shows a mixed picture. Current assets increased by 22%, reaching £3,500,000, while turnover jumped 42% to £6,400,000. However, net assets decreased by 2.7% to -£2,000,000, and bank borrowings increased by 4.7% to £5,500,000. Creditors also rose by 9.4% to £6,800,000. The company’s small size (meeting two of three conditions for a small company) allows it to remain flexible, but the decline in equity is a concern. There's no mention of an auditor, likely due to its small size, so the figures are unaudited.

The increase in bank borrowings and the negative equity suggest that the company might be burning through cash to fuel its expansion. However, the strong revenue growth and the focus on a niche market—PVC building products—could indicate a successful strategy. It’s a complex situation, and whether Gap Products Ltd can sustain its growth while managing its finances remains to be seen.

Registered in England/Wales under the registration number 13066508, with a registered address at BB1 2QP, United Kingdom, Blackburn, Lancashire, Partnership Way, Shadsworth Business Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.