Rainer Security Products Limited

Rainer Security Products Ltd, based in Worthing, Sussex, is a small, active company established 37 years ago. With nine employees and £224,832 in assets, it’s a well-established business boasting a stellar 5.0 Google rating from six reviews. The company is run by three directors and a single owner, who is also the solo founder. It operates from a real address and regularly imports miscellaneous metal items, with 58 months of import activity recorded.

The company’s website showcases a specialist supplier of access control and interchangeable core lock systems, a business they’ve been running since 1988. They cater to both domestic and international customers, offering a wide range of products from mechanical locks to digital access control systems. The website highlights their expertise in interchangeable core master key systems, emphasizing the ability to make lock changes in just 10 seconds. They also feature a “Radar Lock Unit,” a key often used to open disabled toilets across the UK. The site includes a blog with industry news and a section for ordering catalogues.

Financially, Rainer Security Products Ltd shows a mixed picture. While current assets increased slightly to £220,000, bank borrowings decreased by 17%, reaching £65,000. Net assets grew by 1.5% to £430,000, and cash reserves increased by 20% to £300. However, provisions for liabilities rose significantly by 96%, reaching £71,000. The company meets the criteria to be classified as small, with turnover less than £10.2 million, assets less than £5.1 million, and fewer than 50 employees. There's no auditor mentioned, which is likely due to its small size.

Overall, Rainer Security Products Ltd appears to be a stable, well-regarded business, but the increase in provisions for liabilities suggests a need for careful monitoring of potential future obligations. The company's long history and positive customer reviews indicate a strong foundation, and its focus on specialized products positions it well in the security market.

Registered in England/Wales under the registration number 02240635, with a registered address at BN11 1SU, Sussex, 17 Liverpool Road, Worthing.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.