Quick Zone Ltd
- Small
- Active
- 1 year
- £370 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Quick Zone Ltd is a small, active company based in Middlesbrough, UK, founded just one year ago in September 2023. It’s a solo-founded operation with a real address and a single director and owner. The company operates in the retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. Currently, it holds just £370 in assets.
The company’s website, quickzone, showcases a Malaysian-based business specializing in high-quality natural stone products. It offers a wide range of services, including supplying stone slabs, precise site measuring, expert installation, and custom designs like edging and bookmatching. The site highlights a diverse product selection, from marble and granite to Nano crystals and sintered stones, catering to designers, architects, builders, and end-users. It also features a separate division, Pulse Interiors, offering interior design and construction services. The website's focus is clearly on premium stone solutions and bespoke applications, suggesting a B2B model targeting interior design professionals and high-end residential projects. It seems like they are doing ecommerce.
Financially, Quick Zone Ltd’s report paints a concerning picture. Net assets plummeted to -£2,000, indicating accumulated losses outweighing any equity. Current assets are also at a low of £370, and net current assets are negative. Bank borrowings aren't mentioned, but the significant losses suggest the company may be relying on personal funds or credit. There are no employees reported, which is typical for a solo founder, but the lack of positive equity is a red flag. The accounts are described as "filleted," meaning they're simplified due to the company’s small size and are not audited. There's no auditor mentioned, which is common for companies exempt from an audit.
It seems like Quick Zone Ltd is facing challenges in achieving profitability. While the website demonstrates a clear business model and a focus on premium services, the financial data suggests the company is burning through money. Whether it can sustain its operations and achieve long-term success remains to be seen—but for now, it’s a small company facing financial pressures.
Registered in England/Wales under the registration number 15146362, with a registered address at TS1 3HN, England, Middlesbrough, 24 Roscoe Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Khizar Mahwish
- 1 year
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Khizar Mahwish
- 1 year
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 5 pages pdf report
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Confirmation statement made on 2024-09-17 with no updatesDownload 3 pages pdf report
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IncorporationDownload 10 pages pdf report
FAQ about Quick Zone Ltd
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