Universal Locks Limited

Universal Locks Limited, based in Slough, UK, is a small, active company founded 37 years ago in 1988. With 20 employees and £438,862 in assets, it’s a well-established business boasting a stellar 5.0 Google rating from 166 reviews. The company operates from a real address and is led by four directors and one owner, Hogger Peter Glen. It’s an irregular importer, primarily dealing with miscellaneous metal items, with recent activity recorded just two months ago.

The company’s website, Universal Products, is primarily geared towards trade customers—builders, window and door manufacturers, and locksmiths—offering a wide range of door and window hardware, Yale security keys, and associated tools. The site functions as an online catalogue and ordering platform, allowing customers to quickly search for products and place orders. While the site has a “quick order” feature, it advises users to use a larger device for optimal functionality. The website also highlights the company’s commitment to quality, showcasing brands like Yale and emphasizing its ISO 9001:2015 certification. It’s clear Universal Products is focused on serving the trade, with dedicated sections for key cutting and commercial window and door manufacturers.

Financially, Universal Locks Limited presents a mixed picture. While current assets increased by 12% to £440,000, net assets experienced a significant drop of 320% to -£22,000. Bank borrowings surged by 11% to £230,000, while cash reserves saw a dramatic 600% increase to £13,000. Creditors also rose by 33%, reaching £490,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the sharp decline in equity is concerning. The company is exempt from an audit, so the figures are unaudited. It's a little bit worrying that the company has such a large increase in bank borrowings, but the increase in cash reserves is a positive sign. The company's large increase in creditors is a bit concerning, and it may be a sign that the company is struggling to pay its bills.

Registered in England/Wales under the registration number 02224035, with a registered address at SL1 4LP, Slough, Berkshire, 894 Plymouth Road, Slough Trading Estate.

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