balloon ventures ltd
balloon ventures ltd Company Information
Company Number
07940726
Website
www.balloonventures.comRegistered Address
73 mount view road, london, N4 4SR
Industry
Other education n.e.c.
Cultural education
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
balloon ventures foundation ltd 100%
balloon ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of BALLOON VENTURES LTD at £388.9k based on a Turnover of £746.6k and 0.52x industry multiple (adjusted for size and gross margin).
balloon ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of BALLOON VENTURES LTD at £80.5k based on an EBITDA of £21.5k and a 3.74x industry multiple (adjusted for size and gross margin).
balloon ventures ltd Estimated Valuation
Pomanda estimates the enterprise value of BALLOON VENTURES LTD at £1.4m based on Net Assets of £780.9k and 1.74x industry multiple (adjusted for liquidity).
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Balloon Ventures Ltd Overview
Balloon Ventures Ltd is a live company located in london, N4 4SR with a Companies House number of 07940726. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in February 2012, it's largest shareholder is balloon ventures foundation ltd with a 100% stake. Balloon Ventures Ltd is a established, small sized company, Pomanda has estimated its turnover at £746.6k with healthy growth in recent years.
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Balloon Ventures Ltd Health Check
Pomanda's financial health check has awarded Balloon Ventures Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £746.6k, make it larger than the average company (£530.2k)
- Balloon Ventures Ltd
£530.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3.3%)
- Balloon Ventures Ltd
3.3% - Industry AVG
Production
with a gross margin of 54.5%, this company has a comparable cost of product (54.5%)
- Balloon Ventures Ltd
54.5% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (4.4%)
- Balloon Ventures Ltd
4.4% - Industry AVG
Employees
with 18 employees, this is above the industry average (12)
18 - Balloon Ventures Ltd
12 - Industry AVG
Pay Structure
on an average salary of £27.3k, the company has an equivalent pay structure (£27.3k)
- Balloon Ventures Ltd
£27.3k - Industry AVG
Efficiency
resulting in sales per employee of £41.5k, this is less efficient (£55.3k)
- Balloon Ventures Ltd
£55.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Balloon Ventures Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (21 days)
- Balloon Ventures Ltd
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Balloon Ventures Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is less cash available to meet short term requirements (134 weeks)
26 weeks - Balloon Ventures Ltd
134 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.9%, this is a higher level of debt than the average (20.3%)
68.9% - Balloon Ventures Ltd
20.3% - Industry AVG
BALLOON VENTURES LTD financials
Balloon Ventures Ltd's latest turnover from March 2023 is estimated at £746.6 thousand and the company has net assets of £780.9 thousand. According to their latest financial statements, Balloon Ventures Ltd has 18 employees and maintains cash reserves of £568.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 655,344 | 467,936 | 585,159 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 248,214 | 160,824 | 438,851 | ||||||||
| Gross Profit | 407,130 | 307,112 | 146,308 | ||||||||
| Admin Expenses | 156,319 | 149,163 | 146,933 | ||||||||
| Operating Profit | 250,811 | 157,949 | -625 | ||||||||
| Interest Payable | 873 | 27 | 373 | ||||||||
| Interest Receivable | 14 | 105 | 998 | ||||||||
| Pre-Tax Profit | 249,952 | 158,027 | 0 | ||||||||
| Tax | 0 | 0 | 0 | ||||||||
| Profit After Tax | 249,952 | 158,027 | 0 | ||||||||
| Dividends Paid | 0 | 0 | 0 | ||||||||
| Retained Profit | 249,952 | 158,027 | 0 | ||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 18 | 14 | 15 | 16 | 4 | 11 | 13 | 7 | |||
| EBITDA* | 250,811 | 157,949 | -625 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 32,948 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 130,339 | 16,404 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 449,498 | 239,701 | 103,468 | 58,047 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 482,446 | 239,701 | 103,468 | 58,047 | 130,339 | 16,404 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 29,321 | 65,628 | 2,153 | 279,463 | 264,565 | 0 | 0 | 72,000 | 90 | 90 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,457,966 | 559,877 | 173,254 | 152,790 | 27,855 | 144,641 | 9,147 | 0 | 0 | 0 | 0 |
| Cash | 568,495 | 276,691 | 574,533 | 328,758 | 1,056,692 | 1,163,768 | 672,932 | 489,155 | 269,292 | 69,445 | 34,765 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,026,461 | 865,889 | 813,415 | 483,701 | 1,364,010 | 1,572,974 | 682,079 | 489,155 | 341,292 | 69,535 | 34,855 |
| total assets | 2,508,907 | 1,105,590 | 916,883 | 541,748 | 1,494,349 | 1,589,378 | 682,079 | 489,155 | 341,292 | 69,535 | 34,855 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,000 | 10,000 | 7,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,018 | 27,683 | 148 | 68 | 0 | 5,959 | 0 | 0 | 310,019 | 63,608 | 42,160 |
| Group/Directors Accounts | 1,066,780 | 707,168 | 339,705 | 16,507 | 0 | 0 | 0 | 2,728 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 14,342 | 70,793 | 269,584 | 267,727 | 805,846 | 640,272 | 238,753 | 190,754 | 0 | 0 | 0 |
| total current liabilities | 1,099,140 | 815,644 | 616,937 | 284,302 | 805,846 | 646,231 | 238,753 | 193,482 | 310,019 | 63,608 | 42,160 |
| loans | 628,887 | 32,500 | 42,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 628,887 | 32,500 | 42,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,728,027 | 848,144 | 659,437 | 284,302 | 805,846 | 646,231 | 238,753 | 193,482 | 310,019 | 63,608 | 42,160 |
| net assets | 780,880 | 257,446 | 257,446 | 257,446 | 688,503 | 943,147 | 443,326 | 295,673 | 31,273 | 5,927 | -7,305 |
| total shareholders funds | 780,880 | 257,446 | 257,446 | 257,446 | 688,503 | 943,147 | 443,326 | 295,673 | 31,273 | 5,927 | -7,305 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 250,811 | 157,949 | -625 | ||||||||
| Depreciation | 4,566 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,078,565 | 486,549 | 129,360 | -94,328 | -101,888 | 400,059 | 9,147 | -72,000 | 71,910 | 0 | 90 |
| Creditors | -19,665 | 27,535 | 80 | 68 | -5,959 | 5,959 | 0 | -310,019 | 246,411 | 21,448 | 42,160 |
| Accruals and Deferred Income | -56,451 | -198,791 | 1,857 | -538,119 | 165,574 | 401,519 | 47,999 | 190,754 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -406,994 | 30,526 | -444,348 | ||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | -130,339 | 113,935 | 16,404 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 2,500 | 7,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 359,612 | 367,463 | 323,198 | 16,507 | 0 | 0 | -2,728 | 2,728 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 596,387 | -10,000 | 42,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | -859 | 78 | 625 | ||||||||
| cash flow from financing | 109,152 | 215,249 | -413,925 | ||||||||
| cash and cash equivalents | |||||||||||
| cash | 291,804 | -297,842 | 245,775 | -727,934 | -107,076 | 490,836 | 183,777 | 219,863 | 199,847 | 34,680 | 34,765 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 291,804 | -297,842 | 245,775 | -727,934 | -107,076 | 490,836 | 183,777 | 219,863 | 199,847 | 34,680 | 34,765 |
balloon ventures ltd Credit Report and Business Information
Balloon Ventures Ltd Competitor Analysis
Perform a competitor analysis for balloon ventures ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
balloon ventures ltd Ownership
BALLOON VENTURES LTD group structure
Balloon Ventures Ltd has no subsidiary companies.
Ultimate parent company
BALLOON VENTURES LTD
07940726
balloon ventures ltd directors
Balloon Ventures Ltd currently has 4 directors. The longest serving directors include Mr Joshua Bicknell (Feb 2012) and Mr Prabhay Joshi (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joshua Bicknell | England | 37 years | Feb 2012 | - | Director |
| Mr Prabhay Joshi | 35 years | Oct 2019 | - | Director | |
| Ms Amy Hamill | England | 34 years | Jan 2020 | - | Director |
| Ms Amanda Hindman | England | 63 years | Jan 2020 | - | Director |
P&L
March 2023turnover
746.6k
+14%
operating profit
17k
0%
gross margin
54.6%
-12.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
780.9k
+2.03%
total assets
2.5m
+1.27%
cash
568.5k
+1.05%
net assets
Total assets minus all liabilities
balloon ventures ltd company details
company number
07940726
Type
Private limited with Share Capital
industry
85320 - Technical and vocational secondary education
85590 - Other education n.e.c.
85520 - Cultural education
incorporation date
February 2012
age
12
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
73 mount view road, london, N4 4SR
last accounts submitted
March 2023
balloon ventures ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to balloon ventures ltd.
balloon ventures ltd Companies House Filings - See Documents
| date | description | view/download |
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