THE GAP PARTNERSHIP LIMITED

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

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In conducting their going concern assessment, the directors have prepared various forecasts to assess the working capital requirements of the company in order to continue in operational existence for a minimum period of 12 months from the date of the approval of these financial statements. The Board has confidence that the company will continue as a going concern. Our Market share opportunity is still large and we expect to return to growth in the next financial year.”

Group structure

1. THE GAP PARTNERSHIP LIMITED · parent
   1. The Gap Germany GmbH 100% · Deutschland · Training & consultancy
   2. The Gap Partnership Australia Pty Limited 100% · Australia · Training & consultancy
   3. The Gap Partnership Canada Limited 100% · Canada · Training & consultancy
   4. The Gap Partnership Hong Kong Limited 100% · Hong Kong · Training & consultancy
   5. The Gap Partnership Singapore Pte. Ltd 100% · Singapore · Training & consultancy
   6. The Gap US LLC 100% · USA · Training & consultancy
   7. The Gap Partnership Spain, S.L. 100% · España · Training & consultancy
   8. The Negotiation Society (Shanghai) Business Consulting Co., Ltd 100% · Shanghai City · Training & consultancy
   9. The Gap Partnership France SAS 100% · France · Training & consultancy
   10. The Gap Partnership Netherlands BV 100% · Netherlands · Training & consultancy
   11. The Gap Partnership Solucoes em Negociacao LTDA 100% · Brazil · Training & consultancy
   12. The Gap Partnership RUS Limited Liability Company 100% · Moscow · Dormant

Significant events

• “The company's holding company has refinanced its existing debt, originally due for repayment in July 2025, by securing a new three to five-year financing arrangement with HSBC. This agreement provides a £24 million revolving credit facility, along with a £7.5 million accordion facility to support potential M&A activities.”
• “The Board expects that the company will return to growth in FY26 as the company adapts to the new normal of industry market dynamics by proactive engagement with customers, fixing the underlying internal challenges, and investing towards strategic goals.”
• “In September 2025, Ann Marie Costelloe was appointed Chief Executive Officer of the group. Ms Costelloe has been with the company for over ten years, most recently serving as Chief Commercial Officer. She succeeds Graham Botwright, who has moved to an advisor role.”
• “On 4 September 2025, the company completed the acquisition of Negotiation Academy Potsdam GmbH, a Germany-based, university-affiliated negotiation consultancy. The acquisition is expected to strengthen the group's service offering through academic expertise, AI-powered tools, and a broad client base.”

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

Filings

19

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -3.3%

  £12,654,881 → £12,239,268

• Cash

  -85.2%

  £2,789,287 → £412,644

• Net assets

  -6.3%

  £18,547,260 → £17,379,557

• Employees

  -3.3%

  90 → 87

• Operating profit

  -132.4%

  £2,921,098 → -£945,794

• Profit before tax

  -136.7%

  £3,144,299 → -£1,154,543

• Wages

  -12.2%

  £9,312,763 → £8,180,475

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