Security system business acquires Widnes premises with RBS backing

A security system business has acquired its trading premises in Widnes with support from Royal Bank of Scotland (RBS).

Family-run Radium Security Systems used the six-figure funding to purchase Unit 4 on Turnstone Business Park, a move it believes will strengthen its long-term financial position.

Refurbishment works are now underway at the facility to create a new ground-floor showroom where customers can experience the security tech on offer.

Radium Security Systems, founded in 1982 by director Paul Robinson, provides hi-tech alarm and security systems for homes and businesses in the UK.

The company, which employs a team of 13, has seen its turnover rise 40% in the last two years.

Paul Robinson said: “We are really pleased that the acquisition of the premises has been successful.

“We have operated from here for the last two years and the property suits our business well. It also offers plenty of space to accommodate ongoing growth.”

He added: “The support we have received from Royal Bank of Scotland and our relationship manager Tom Parry has been excellent.”

RBS’ Tom Parry commented: “I am pleased that we have been able to support Paul and Joanne to make the next step in their company’s development.

“The acquisition of their trading premises is a sound investment and will support the business as it grows. We have enjoyed getting to know the business and are looking forward to supporting them going forward.”

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