This article carried out a parametric study of the thermal performance of a novel gravity assisted loop heat pipe (GALHP)with composite mesh-screen wick structure. A refined three-way structure with interior liquid-vapour separator wasdeveloped on top of the evaporator to enable a gravity-assisted operation, which not only simplified the correspondingwick structure but also eliminated the ‘dry-out’ potential in conventional GALHPs. A dedicated simulation model wasdeveloped on basis of the heat transfer and the flow characteristics derived from the governing equations of mass, energyand momentum. The essential impact parameters to the GALHP thermal performance were further discussed. It was foundthat the GALHP thermal performance, represented by the reciprocal of overall thermal resistance, varies directly withapplied heat load, evaporator diameter, and vapour-liquid separator diameter. The research results would be useful fordesign, optimisation and application of such GALHP in the gravity-assisted circumstance for thermal management.