Gap Technology Limited
- Active
- Small
- 20 years
- 9 employees
- £569,237 (cur assets)
- Regular importer
- Regular exporter
- Real address
- 3 directors
- 1 owner
- Solo founder
- Retford
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Gap Technology Limited, based in Retford, UK, is a small, active company founded nineteen years ago in 2005. Employing ten people and holding assets of £496,752, it’s a solo-founded operation managed by a single director and owner. The company operates from a real address and is regularly importing and exporting machinery, boilers, and mechanical appliances; parts, with 49 months of import activity and 20 months of export activity.
The company's website, while not detailed, indicates a focus on engineering consultancy, and the business is registered as operating in the wholesale of other machinery and equipment industries. It’s a small company, meeting two of three criteria for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.
Financially, Gap Technology Limited shows some concerning trends. Current assets have decreased by 23%, dropping to £500,000, while net assets have plummeted 240%, ending at -£76,000. Bank borrowings have increased significantly, surging 770%, reaching £110,000, and cash reserves have fallen 42%, ending at £37,000. Creditors, however, have increased by 40%, reaching £370,000, suggesting a reliance on external financing. The company’s small size helps it remain agile, but the substantial equity drop is a cause for concern. With no auditor mentioned, the financial statements are unaudited.
The company’s financial data also shows a decrease in the average number of employees by 10%, falling to nine. Depreciation on leased assets has increased, particularly for motor vehicles and plant machinery. It seems like the company is investing in its equipment, but the decrease in equity suggests it may be burning through cash.
Registered in England/Wales under the registration number 05527259, with a registered address at DN22 7PX, Retford, Nottinghamshire, Ava House 1 Hill Court, Aurillac Way, Hallcroft Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 5
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 months
- 1
-
Resident of United Kingdom
-
Individual
- 7 months
-
Resident of United Kingdom
-
Individual
- 20 years
- 7
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Appointment of Mrs Lynsey Michelle Reep as a director on 2025-08-29Download 2 pages pdf report
-
Confirmation statement made on 2025-08-04 with no updatesDownload 3 pages pdf report
-
Appointment of Mr Adam Comer as a director on 2025-07-09Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Gap Technology Limited
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