Castalum Limited

Castalum Limited, based in Welshpool, UK, is a sizable company with a 16-year history, currently employing 132 people and holding assets valued at £11,277,471. Operating as a holding company with an active status, it's a key player in the region, boasting seven directors and one owner. The company’s Google rating stands at a respectable 4.0 based on 14 reviews. Castalum regularly imports machinery, boilers, and mechanical appliances, parts, with a substantial 139-month import history, and exports vehicles, parts, and accessories (excluding trains and trams) for 48 months.

The company’s website paints a picture of a global supplier specializing in aluminium die casting and machining. It's an internationally acclaimed centre located in Mid Wales, serving customers across the UK, Europe, Canada, and Mexico. Castalum provides a range of products, from cast components to fully assembled and tested units, catering to prestigious automotive marques like VAG, BMW, and Porsche. The company has invested heavily in new products and capabilities, even pioneering squeeze casting technology – a unique resource in the UK and Europe.

Financially, Castalum’s recent performance reveals a mixed bag. While turnover increased by 15% to £30 million, net assets grew by a more modest 7.8% to £21 million. However, bank borrowings increased significantly by 7.9%, reaching £3.5 million, and cash reserves only grew by 140% to £2.4 million. Creditors decreased by 8.2%, suggesting improved debt management, but the increase in borrowings and the relatively small cash reserves raise concerns about liquidity. The company’s size (meeting two of three criteria for a large company) and the lack of an auditor mentioned (likely exempt as a larger company) mean the figures rely on management-prepared data.

Despite these financial pressures, Castalum’s focus on innovation and its unique squeeze casting capabilities position it well to serve the evolving automotive industry, particularly with the rise of electric and low-carbon vehicle technologies. The company’s ongoing investment in additive material technology and lightweight casting suggests a commitment to staying at the forefront of the industry, although it’s not clear if these investments will translate into sustainable financial performance.

Registered in England/Wales under the registration number 06771963, with a registered address at SY21 8SL, Welshpool, Powys, 5 Buttington Cross Enterprise Park, Buttington.

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