GAP POLYMERS LTD
Company number 11102263 · Active · Gateshead NE10 0ES
GAP POLYMERS LTD is an active private limited company (company number 11102263) incorporated on 7 December 2017, registered in Gateshead. Its registered activity is recovery of sorted materials (SIC 38320). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£1.63m and cash of £268k, with 0 employees on average. Net assets fell 162% on the prior period (−£622k).
By net assets it sits in the bottom quarter of 1,359 comparable companies in the UK (median £7,721, upper quartile £227k).
Key dates
- Incorporated
- 7 December 2017
- Next accounts due
- 30 September 2026 — 22 days overdue
- Confirmation statement due
- 21 December 2026 — in 60 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 38320
- Recovery of sorted materials
- Accounts type
- Small
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | −£1.63m | £268k | £597k | £3.96m | — | — | 0 |
| 31 December 2023 | −£622k | £69k | £162k | £2.65m | — | — | 0 |
- Current ratio
- 0.24 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 21/100 (grade E)
- -15 Negative net assets — Net assets £-1,630,689 at 2024-12-31
- -8 Net assets falling — -162.3% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.24
- +4 Cash reserves — Cash £268,065
- +8 Established — Incorporated 2017-12-07 (9 years)
- -10 Accounts overdue — Due 2026-09-30
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Gap Group North East Limited (corporate entity, England & Wales) — owns 25–50% of shares; holds 25–50% of voting rights · since 7 December 2017
- Sirg Uk Ltd (corporate entity, England & Wales) — owns 25–50% of shares; holds 25–50% of voting rights · since 7 December 2017 · ceased 31 October 2021
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Newcastle
Same activity (recovery of sorted materials), closest in incorporation date.
- PALM ENVIRONMENTAL LTD — Sunderland, inc. May 2018
- NORTH EAST METALS LIMITED — Ashington, inc. Oct 2015
- CJM RECYCLING LIMITED — Wallsend, inc. Oct 2015
- WASTE BROTHERS LTD — Stanley, inc. Mar 2021
- DRS LAND REGENERATION LTD — Newcastle Upon Tyne, inc. Sept 2021
- GAP ORGANICS GROUP LIMITED — Gateshead, inc. Nov 2021
All companies incorporated on 7 December 2017 · in Dec 2017.
Reminders for GAP POLYMERS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.