GAP GROUP LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. GAP GROUP LIMITED 1997-04-14 → present
2. HENDERSON PLANT LIMITED 1994-10-24 → 1997-04-14
3. JOSEPH THOMPSON & CO. (LIVERPOOL) LIMITED 1994-04-07 → 1994-10-24
4. HENDERSON PLANT LIMITED 1993-04-28 → 1994-04-07
5. JOSEPH THOMPSON & COMPANY (LIVERPOOL) LIMITED 1924-06-24 → 1993-04-28

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing these projections, the Directors believe that, in the current economic environment, the Group and Company are well placed to continue in operational existence for the foreseeable future. As such, the Directors are satisfied that the Company has adequate resource to pay its liabilities as they fall due and will continue to operate for the foreseeable future. For this, they continue to adopt the going concern basis for preparing these financial statements.”

Group structure

1. GAP GROUP LIMITED · parent
   1. GAP Group Properties Limited 1% · Scotland
   2. GAP Group Leasing Limited 1% · England
   3. Ace Hire and Sales Limited 1% · Isle of Man
   4. GAP Hire Limited 1% · Scotland
   5. 4 Group Limited 1% · Jersey
   6. GAP Hire Solutions Limited 1% · Scotland
   7. 4Hire (Guernsey) Limited 1% · Guernsey
   8. Bavanar Limited 1% · England
   9. Mobile Healthcare Solutions Limited 1% · England

Significant events

• “Proposed changes to Business Property Relief contained within the October 2024 budget have potentially serious implications for family-owned businesses across the UK.”
• “The operations of the Group for the year resulted in a profit after tax of £29,040,000 (2024: £32,872,000), which is reviewed in the Chairman's statement. An interim dividend of £10,986,000 was declared in July 2024 and paid in the year (2024: £10,955,000). No final dividend has been proposed.”
• “On the 22 June 2024, Mobile Health Systems (UK) Limited officially changed its name to Mobile Healthcare Solutions Limited by way of a special resolution passed by the members.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +7.8%

  £302,315,000 → £325,851,000

• Cash

  -48.2%

  £4,162,000 → £2,157,000

• Net assets

  +9.2%

  £196,472,000 → £214,525,000

• Employees

  +2%

  2,063 → 2,104

• Operating profit

  -6.5%

  £56,680,000 → £53,017,000

• Profit before tax

  -9.9%

  £43,915,000 → £39,547,000

• Wages

  +8.6%

  £67,299,000 → £73,085,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers