Lupton & Place Limited

Lupton & Place Limited, a well-established aluminium die casting company based in Burnley, UK, has been operating for over four decades. Founded in 1981, this large company employs 126 people and boasts assets of £5,170,857. It’s an active business with a real address, overseen by six directors and a single owner, and enjoys a stellar 5.0 Google rating based on one review. The company regularly imports miscellaneous manufactured goods and exports aluminium and aluminium products.

Lupton & Place specializes in aluminium die casting, offering a range of services including structural, gravity, pressure, and aluminium diecasting, along with finishing, machining, and quality control. Its website highlights its commitment to being a leading die caster in the European market, emphasizing skilled workforce, technical capabilities, and investment in plant and technology. The company caters to diverse industries like automotive, electronics, entertainment, and construction.

Financially, Lupton & Place shows a mixed picture. While administrative expenses increased by 19%, indicating potential growth, cash reserves declined by 31% to £1.2 million. Bank borrowings decreased by 26%, suggesting improved debt management, but accrued liabilities increased significantly, jumping 370% to £740,000. Net assets grew by 11% to £4.1 million. Despite a dip in profits, the company’s turnover increased by 17% to £11 million. The company’s considerable investment in plant machinery, totaling £3.8 million, suggests a focus on long-term production capacity. The audit firm Pierce C A Limited conducted the audit.

The increase in administrative expenses and the rise in accrued liabilities might reflect the company’s ongoing investment in its operations, but the declining cash reserves warrant attention. The company’s continued success hinges on maintaining its reputation for quality and adapting to evolving market demands.

Registered in England/Wales under the registration number 01605457, with a registered address at BB10 4LR, Burnley, Lancs, Norcastal Works, Athletic Street.

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