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Balloons Of London Limited

03555893

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE 1E, WIDFORD BUSINESS CENTRE, CHELMSFORD, CM1 3AG
Incorporated 30/04/1998

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 30/04/2025

Due 14/05/2026

Overdue

Industry

46760
Wholesale of other intermediate products

Officers

Rapid Business Services Limited

secretary · Since 30/04/1998

BRITISH

Also on 222 other boards

Mr Paul Durnford

director · Since 09/05/1998

DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Paul Durnford

50–75% shares
75–100% votes

British · England · Age 56

Suite 1e, Widford Business Centre, 33 Robjohns Road, Chelmsford, CM1 3AG

Notified 07/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 02/11/2001Registered 15/11/2001

CompanyRankvs 1802+ SIC 46760 peers
32

Financial strength6th percentile among SIC peers · 2/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

-£31k

Balance sheet strength

Cash

£268

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£19k

Current Liabilities

£44k

Fixed Assets

£929

Debtors

£5k

2avg. employees

Balance Sheet

Assets less current liabilities-£24k
Signed by Mr Paul DURNFORD 17th June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.44-£3k
20240.61-£8k
20230.87

Derived from filed accounts. Not audited figures.