Rains International Ltd

Rains International Ltd is a small, holding company based in London, UK, with an active trading status. Founded seven years ago in May 2017, it employs just three people and holds assets valued at £298,749. The company operates from a real address and is overseen by two directors and one owner. It regularly imports clothing and accessories made by knitting or crocheting (for 10 months), and exports clothing and accessories that aren's knitted or crocheted (for 8 months). The company operates in the agents involved in the sale of textiles, clothing, fur, footwear and leather goods industries.

The company’s website, rains.com, showcases a brand known for its waterproof raincoats, bags, and accessories. While the site is visually appealing and well-designed, it doesn’t offer much insight into the company's operations beyond its product offerings. There’s no obvious e-commerce functionality, suggesting the company may primarily operate through wholesale or retail partners.

Financially, Rains International Ltd presents a mixed picture. Current assets have increased by 50% to £300,000, which is good news. However, net assets have also increased by 21% to £120,000. Bank borrowings have increased by 100% to £280,000, and cash reserves have increased by 120% to £120,000. Creditors have increased by 81% to £420,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The increase in creditors suggests the company is expanding its operations, but it also means it’s taking on more debt. The company’s financial statements are unaudited, which is common for small companies. The company is audited by OD Accountants Ltd.

Overall, Rains International Ltd appears to be a healthy, growing company. It’s a small business with a strong brand and a solid financial position. The company's focus on quality and design, combined with its expanding operations, suggests it is well-positioned for continued success.

Registered in England/Wales under the registration number 10776055, with a registered address at E9 5LH, England, London, 68 Wallis Road, 2nd Floor.

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