MS QUICKSPACE LTD

Executive Summary

MS QUICKSPACE LTD is currently experiencing early-stage financial distress, with negative net assets and working capital indicating liquidity challenges. As a micro-entity, it must focus on capital infusion and cash flow management to stabilize its financial health and build a sustainable operational foundation. Prompt action to improve liquidity and control liabilities will be vital for its survival and growth.

MS QUICKSPACE LTD - Analysis Report

Company Number: 14683801

Analysis Date: 2025-07-29 14:37 UTC

Financial Health Assessment for MS QUICKSPACE LTD (As of 28 February 2024)

---

1. Financial Health Score: D

Explanation:
The company shows signs of early-stage financial distress with negative net assets and working capital, reflecting a fragile financial condition. While it is newly incorporated and small in scale, the current liabilities surpass the available current assets, indicating liquidity challenges that need urgent attention.

---

2. Key Vital Signs

Metric	Value (£)	Interpretation
Fixed Assets	0	No long-term assets; typical for a micro startup, but limits collateral and investment capacity.
Current Assets	21	Extremely low liquidity; almost no cash or short-term receivables to cover immediate needs.
Current Liabilities	566	Debts due within one year exceed available cash; risk of inability to meet short-term obligations.
Net Current Assets (Working Capital)	-545	Negative working capital indicates symptoms of cash flow distress — company owes more than it owns short-term.
Net Assets (Total Equity)	-545	Negative equity signals that liabilities exceed assets, akin to a patient with low reserves and high liabilities.
Shareholders’ Funds	-545	Shareholder investment is currently in deficit, suggesting the company is “in the red.”
Number of Employees	3	Small team size consistent with micro-entity classification, but operational scale is limited.

---

3. Diagnosis: Financial Condition Analysis

MS QUICKSPACE LTD is in a precarious financial state, characteristic of a very young startup or micro-entity in its infancy. The negative net current assets and net assets are clear symptoms of financial stress, indicating the company currently owes more than it owns. This situation resembles a patient with depleted reserves and mounting short-term pressures.

The absence of fixed assets suggests the company either operates a service-based model or has yet to invest in long-term resources. The extremely low current assets (£21) compared to current liabilities (£566) paints a picture of tight liquidity, meaning the company may struggle to pay creditors on time without additional capital or cash inflows.

This financial snapshot likely reflects the very early stage of operations (incorporated in February 2023) and possibly limited trading activity or startup expenses exceeding initial funding. The three employees indicate a lean operation, but the company must urgently manage working capital and improve its financial "vital signs" to avoid worsening distress.

---

4. Recommendations: Improving Financial Wellness

• Inject Additional Capital:
  To stabilize the financial condition, the company should consider increasing shareholder funds or obtaining external financing to cover current liabilities and build a positive working capital buffer.

• Enhance Cash Flow Management:
  Developing a healthy cash flow cycle is critical. This includes timely invoicing, managing payables strategically, and controlling operational expenses.

• Monitor and Reduce Liabilities:
  Prioritize paying down short-term creditors to alleviate liquidity pressures and prevent creditor actions that could complicate operations.

• Build Fixed Assets and Operational Capacity:
  Once liquidity improves, investing moderately in fixed assets or technology can strengthen operational infrastructure and long-term viability.

• Regular Financial Reviews:
  Implement periodic financial health checks (monthly or quarterly) to monitor vital signs and detect early symptoms of distress.

• Consider Professional Advisory:
  Consulting with financial advisors or accountants experienced in micro-entities can help tailor strategies suitable for the company’s stage and sector (accounting and financial intermediation).

---