HOT AIR RISES LTD

Company number SC768624 · Active

HOT AIR RISES LTD is a private limited company registered in GLASGOW, United Kingdom, incorporated on 9 May 2023. Its registered activity is manufacture of other wearing apparel and accessories n.e.c.. Its latest published accounts for the period ending 31 May 2025 show equity of −£11k, total assets of £1,336. It has filed 2 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Negative equity2.3×1 · 0.27 % became insolvent
Industry2.2×14 · 0.26 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent
Equity change ÷ assets1.6×< -0.688951 · 0.19 % became insolvent

Lowers the risk

Region0.0×G · 0.00 % became insolvent
Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % 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
SC768624 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
9 May 2023 (4 years)
Registered address
G3 7PJ GLASGOW
Postcode area
Glasgow
Activity
14190 Manufacture of other wearing apparel and accessories n.e.c.
Industry
Manufacture of wearing apparel
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Jan 2026– –−£11k£1,336 £12k£2931
31 May 202415 Dec 2024– –£488– –£19k1

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

Similar companies in Glasgow

Questions about HOT AIR RISES LTD

What is the company number of HOT AIR RISES LTD?

HOT AIR RISES LTD is registered under company number SC768624 in the official register of United Kingdom. View it at the official register.

Is HOT AIR RISES LTD still active?

Yes. HOT AIR RISES LTD is registered as active (status: Active).

Has HOT AIR RISES LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for HOT AIR RISES LTD in the official data.

How likely is HOT AIR RISES LTD to become insolvent?

Our model estimates a 0.00 % probability that HOT AIR RISES LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was HOT AIR RISES LTD founded?

HOT AIR RISES LTD was incorporated on 9 May 2023.

Where is HOT AIR RISES LTD registered?

HOT AIR RISES LTD's registered address is in G3 7PJ GLASGOW (Glasgow), United Kingdom.

What do the latest accounts of HOT AIR RISES LTD show?

The latest published accounts (period ending 31 May 2025) show equity of −£11k, total assets of £1,336, 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 9 Nov 2026.