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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-04-20 (in 11mo)

Last made up 2026-04-06

Watchouts

2 items

Cash

£3M

-35% vs 2024

Net assets

£213M

+9.6% highest in 5 filed years

Employees

2,104

+2% vs 2024

Profit before tax

£40M

-8.5% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. GAP HOLDINGS LIMITED 1995-08-11 → present
  2. MARITIME SHELF (EIGHTY) LIMITED 1993-03-08 → 1995-08-11

Accounts

5-year trend · latest reflected 2025-03-31

Metric Trend 2021-03-312022-03-312023-03-312024-03-312025-03-31
Turnover £196,900,000£240,200,000£278,700,000£302,700,000£326,701,000
Operating profit £56,746,000£53,714,000
Profit before tax £23,600,000£36,100,000£43,800,000£43,944,000£40,210,000
Net profit £32,893,000£29,533,000
Cash £4,340,000£2,820,000
Total assets less current liabilities £383,219,000£392,131,000
Net assets £133,100,000£146,200,000£172,200,000£194,186,000£212,733,000
Equity £133,100,000£146,200,000£172,200,000£194,186,000£212,733,000
Average employees 2,0632,104
Wages £67,299,000£73,085,000

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2021-03-312022-03-312023-03-312024-03-312025-03-31
Operating margin 18.7%16.4%
Net margin 10.9%9.0%
Return on capital employed 14.8%13.7%
Gearing (liabilities / total assets) 59.8%58.6%
Current ratio 0.73x0.63x
Interest cover 4.41x3.98x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
RSM UK Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Economic uncertainty has caused a slowing down within the construction sector and this is likely to be a factor throughout the coming year. We are however very well placed and our diverse product range, multi-sector business model, well invested hire fleet and strong balance sheet allow us to meet these challenges head on and deal with them much more effectively than the majority of our competitors”

Group structure

  1. GAP HOLDINGS LIMITED · parent
    1. GAP Group Limited 100% · Scotland, UK
    2. GAP Group Properties Limited 100% · Tyne and Wear
    3. GAP Group Leasing Limited 100% · Tyne and Wear
    4. Ace Hire and Sales Limited 100% · Isle of Man
    5. GAP Hire Limited (Dormant) 100% · Scotland, UK
    6. Gordon Anderson Plant Limited (Dormant) 100% · Scotland, UK
    7. 4 Group Limited 100% · Jersey
    8. GAP Hire Solutions Limited (Dormant) 100% · Scotland, UK
    9. 4 Hire (Guernsey) Limited 100% · Guernsey
    10. Bavanar Limited 100% · Tyne and Wear
    11. Mobile Healthcare Solutions Limited 100% · Tyne and Wear

Significant events

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

People

4 active · 12 resigned

Name Role Appointed Born Nationality
TELFER, Andrew Crawford Secretary 2026-04-24
ANDERSON, Iain Martin Director 1993-03-29 Dec 1958 British
ANDERSON, Mark Douglas Director 2017-01-09 Nov 1983 British
TELFER, Andrew Crawford Director 2024-10-03 Jul 1984 British
Show 12 resigned officers
Name Role Appointed Resigned
PARR, Christopher Alick George Secretary 2016-11-02 2026-04-24
STEWART, Andrew Murray Secretary 1993-03-29 2016-11-02
ANDERSON, Douglas Gordon Director 1993-03-29 2026-01-08
ANDERSON, Gordon Douglas Director 1993-03-29 1996-04-15
ANDERSON, Joyce Mary Director 1993-03-29 2009-03-31
HAMILTON, Dawn Nominee Director 1993-03-08 1993-03-29
KUENSSBERG, Nicholas Christopher Dwelly, Professor Director 1996-12-20 2005-12-31
MCEWAN, Kevin Director 2017-07-05 2021-04-01
O'NEIL, Daniel Director 2006-01-01 2020-04-19
PARR, Chris Alick George Director 2016-06-01 2026-04-24
STEWART, Andrew Murray Director 1993-03-29 2016-12-15
WILLIAMSON, Martin David Director 2017-12-06 2018-01-02

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Iain Martin Anderson Individual Shares 25–50% 2017-03-07 Ceased 2026-04-03
Mr Douglas Gordon Anderson Individual Shares 25–50% 2017-03-07 Active

Filing timeline

Last 20 of 125 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-03-10 MA Memorandum articles
  • 2026-03-10 RESOLUTIONS Resolution
  • 2025-07-30 RESOLUTIONS Resolution
Date Type Category Description
2026-04-30 RP01CS01 confirmation-statement Replacement filing of confirmation statement with made up date PDF
2026-04-27 CS01 confirmation-statement Confirmation statement with updates
2026-04-27 RP01AP01 officers Replacement filing of director appointment with name PDF
2026-04-24 AP03 officers Appoint person secretary company with name date PDF
2026-04-24 TM01 officers Termination director company with name termination date PDF
2026-04-24 TM02 officers Termination secretary company with name termination date PDF
2026-04-17 SH08 capital Capital name of class of shares
2026-04-16 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2026-03-10 MA incorporation Memorandum articles
2026-03-10 RESOLUTIONS resolution Resolution
2026-01-21 TM01 officers Termination director company with name termination date PDF
2025-11-25 AA accounts Accounts with accounts type group
2025-07-30 SH08 capital Capital name of class of shares
2025-07-30 RESOLUTIONS resolution Resolution
2025-04-16 CS01 confirmation-statement Confirmation statement with updates PDF
2024-10-07 AP01 officers Appoint person director company with name date PDF
2024-09-20 AA accounts Accounts with accounts type group
2024-04-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-28 AA accounts Accounts with accounts type group
2023-07-20 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
14

last 12 months

Capital events
2

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Official Companies House page