Lunts Castings Limited

Lunts Castings Ltd from Birmingham, UK, is a small, holding company with an active status. Founded 29 years ago in 1995, it employs 20 people and holds £339,631 in assets. The company has three directors and one owner, and it’s an irregular importer, having imported tanning and dyeing products just once in the last five years. It’s a real address, which is good.

The company's website showcases a blend of traditional craftsmanship and modern technology. Lunts Castings Ltd specializes in the manufacture of metal artwork, hardware, and objects, catering to artists, businesses, and designers. They offer services like 3D printing, mouldmaking, casting, finishing, and patina application. The site also highlights a separate brand, G.W. Lunt, which focuses on homewares and sculptures. It's a family business, with a long history in Britain’s manufacturing heartland. They even have a short film showing how they make ornaments.

Financially, Lunts Castings Ltd shows some concerning trends. Property plant and equipment has increased, which is good, but bank borrowings have also risen, and cash reserves have fallen by nearly 20%. Current assets have decreased by 11%, and net assets are holding steady. Trade debtors have decreased significantly, which could be a positive sign of improved collections. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is typical for companies of this size. The accounts are unaudited.

Overall, Lunts Castings Ltd appears to be navigating a period of change. While its traditional craftsmanship remains a strength, the company will need to carefully manage its finances to ensure long-term sustainability. It's a bit worrying that cash reserves are low, but the decrease in trade debtors is a positive development.

Registered in England/Wales under the registration number 03121448, with a registered address at B21 0BJ, Birmingham, West Midlands, Unit 7 Hawthornes Industrial Est, Middlemore Road.

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