GAP GROUP LIMITED
Company Information
- Company Number
- 00198823
- Registered Address
- Gap Group Blenheim Place, Dunston Industrial Estate, Gateshead, Tyne And Wear, NE11 9HF
- Status
- Active
- Employee Count
- 2,104
- Turnover
- £325,851,000
- EBITDA
- £133,702,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 June 1924
- Nature of Business
- 77320 - Renting and leasing of construction and civil engineering machinery and equipment
- Industries
- Manufacturing, Property, Infrastructure And Construction, Supply Chain, Manufacturing And Commerce Models
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time for GAP GROUP LIMITED is 70 days, indicating a consistent trend of slow payments well beyond standard terms. A significant 55% of payments occur over 60 days, with only 6% settling within 30 days, reinforcing this pattern. This trajectory suggests suppliers should anticipate extended payment cycles as the norm rather than an exception.
Volatility Analysis
While the high percentage of payments over 60 days (55%) suggests a somewhat predictable slowness, the 27% late payment rate introduces considerable unreliability for suppliers. This indicates a clear risk of payments not only being extended but also failing to meet agreed-upon deadlines. The combination of slow average payment and frequent late payments poses a notable working capital risk.
Summary Analysis
Suppliers should exercise caution when engaging with GAP GROUP LIMITED, factoring in an average 70-day payment cycle and a significant risk of late payments. Key decision factors include the supplier's own cash flow resilience and ability to manage extended payment terms. Mitigation strategies could involve negotiating stricter terms, requesting upfront deposits, or implementing dynamic discounting for earlier payment.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2025 - 30 Sept 2025 | 02 Oct 2025 | 71 | 7% | 39% | 54% | 28% |
| 01 Oct 2024 - 31 Mar 2025 | 23 Apr 2025 | 70 | 6% | 39% | 55% | 27% |
| 01 Apr 2024 - 30 Sept 2024 | 07 Oct 2024 | 65 | 7% | 45% | 48% | 18% |
| 01 Oct 2023 - 31 Mar 2024 | 17 Apr 2024 | 63 | 13% | 44% | 43% | 19% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 71 | 12% | 42% | 46% | 15% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 71 | 10% | 37% | 54% | 23% |
| 01 Jul 2022 - 30 Sept 2022 | 17 Oct 2022 | 69 | 8% | 35% | 57% | 24% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 73 | 8% | 33% | 59% | 29% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 78 | 8% | 31% | 61% | 32% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 75 | 8% | 31% | 61% | 36% |
| 01 Apr 2020 - 30 Sept 2020 | 02 Nov 2020 | 73 | 5% | 33% | 62% | 31% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 68 | 7% | 39% | 54% | 16% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 66 | 6% | 40% | 54% | 16% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 70 | 5% | 35% | 60% | 60% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 70 | 5% | 35% | 59% | 51% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment terms vary depending on the terms agreed between the supplier and our Procurement Department. The majority of our large value suppliers provide 60 or 90 day payment terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
Supplier invoices and payments are managed by the Accounts Payable team at Citypoint 2, 25 Tyndrum Street, Glasgow, G4 0JY. The Accounts Payable team notify any significant variations from PO value to the individual that raised the PO. If the value is disputed it is their responsibility to contact the supplier and resolve the dispute. Invoiced items that are subject to dispute are not approved for payment until the dispute has been resolved.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
GAP GROUP LIMITED functions as an active private limited company. The provided information specifies its legal structure but does not detail its specific commercial activities or industry specialisation.
This organisation was incorporated on 24 June 1924, holding company number 00198823. Located in the North East, its registered office is at Gap Group Blenheim Place, Dunston Industrial Estate, Gateshead, Tyne And Wear, NE11 9HF.
As a private limited company in the UK, organisations of this legal type typically engage in a diverse range of business activities, including the provision of goods, services, or holding assets. The specific products or services offered by GAP GROUP LIMITED are not detailed in the confirmed data.
