BALLOON POWER LTD

Company number 05682048 · Active (Active - Proposal to Strike off)

BALLOON POWER LTD is a private limited company registered in LEIGH ON SEA, United Kingdom, incorporated on 20 Jan 2006. Its registered activity is artistic creation. Its latest published accounts for the period ending 31 Jan 2020 show equity of £2,810, total assets of £6,780. It has filed 1 set of accounts. Our model estimates a 0.14 % probability that it becomes insolvent within 12 months, 1.2 times the average for active companies (medium risk).

Insolvency risk, next 12 months

0.14 %
Medium risk
Lowest riskHighest risk

Higher than 93 % of active companies in the United Kingdom. 1.2× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Region2.7×SS · 0.31 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Industry0.6×90 · 0.07 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
05682048 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
20 Jan 2006 (21 years)
Registered address
SS9 9EB LEIGH ON SEA
Postcode area
Southend-on-Sea
Activity
90030 Artistic creation
Industry
Creative, arts and entertainment
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 202015 Sep 2020– –£2,810£6,780 £3,970£2,4531

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Southend-on-Sea

Questions about BALLOON POWER LTD

What is the company number of BALLOON POWER LTD?

BALLOON POWER LTD is registered under company number 05682048 in the official register of United Kingdom. View it at the official register.

Is BALLOON POWER LTD still active?

Yes. BALLOON POWER LTD is registered as active (status: Active - Proposal to Strike off).

Has BALLOON POWER LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for BALLOON POWER LTD in the official data.

How likely is BALLOON POWER LTD to become insolvent?

Our model estimates a 0.14 % probability that BALLOON POWER LTD becomes insolvent within the next 12 months (medium risk). That is higher than 93 % of active companies in the United Kingdom.

When was BALLOON POWER LTD founded?

BALLOON POWER LTD was incorporated on 20 Jan 2006.

Where is BALLOON POWER LTD registered?

BALLOON POWER LTD's registered address is in SS9 9EB LEIGH ON SEA (Southend-on-Sea), United Kingdom.

What do the latest accounts of BALLOON POWER LTD show?

The latest published accounts (period ending 31 Jan 2020) show equity of £2,810, total assets of £6,780, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.