Castings PLC
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Castings PLC - overview
Established
1907
Location
-, -, UK
Primary Industry
Materials
About
Castings PLC is a UK-based manufacturer specializing in high-quality iron castings and machining services, catering to diverse industries globally. The company emphasizes precision and reliability in its production processes. Founded in 1907 in the UK, Castings PLC focuses on manufacturing iron castings and machining services. The company operates three foundries located in Brownhills, Dronfield, and Scunthorpe.
It has not undergone significant business pivots or changes in ownership. The company was founded by individuals whose specific details are not provided. Castings PLC operates independently without known subsidiaries. Castings P.
L. C. specializes in the production of high-quality iron castings and machining services for a diverse range of applications, primarily serving both domestic and international markets. The company operates three iron foundries—Castings PLC in Brownhills, Wm Lee Limited in Dronfield, and Castings Ductile in Scunthorpe—producing components that vary in weight from 0.
15 kg up to 7 tonnes. Their core offerings include Spheroidal Graphite Iron, Ductile Iron, Ni-Resist Iron, Austempered Ductile Iron, and Grey Iron, which are utilized in various industries such as automotive, engineering, and construction. Castings P. L.
C. is strategically positioned to meet the demands of customers across Europe, North America, and Asia, leveraging state-of-the-art manufacturing technologies to deliver precise and reliable casting solutions tailored to the specific needs of their clients. Castings P. L.
C. generated revenue of GBP 282. 10 mn in 2024, indicating a decline from GBP 224 mn in the previous year. The company's revenue model primarily revolves around business-to-business (B2B) transactions, where they supply their casting and machining products directly to manufacturers across multiple sectors.
Clients typically engage in purchasing agreements that include bulk orders for specific components, allowing for streamlined production and supply chain integration. The pricing structure reflects the complexity and customization of the castings, with flagship products representing significant portions of the overall revenue. By investing in advanced manufacturing processes and technologies, Castings P. L.
C. maintains a competitive edge, ensuring they meet the evolving needs of their client base. The company's strategy for future growth includes designing and launching new products aimed at enhancing their current offerings. Specific details about release dates or the nature of these products have not been disclosed.
Castings PLC plans to expand into new markets, particularly targeting areas in Asia and North America, with intentions to penetrate these regions by 2025. Recent funding raised will be allocated towards enhancing their manufacturing capabilities and developing new product lines to better serve these new markets.
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
http://www.castings.plc.uk/
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Castings PLC - timeline of key events
Castings PLC - financials
| Fiscal Year Ended | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 105,368,000 | 126,271,000 | 122,215,000 | 137,466,000 | 131,268,000 | 132,448,000 | 118,822,000 | 133,276,000 | 150,236,000 | 138,667,000 | 114,702,000 | 148,583,000 | - | - | - |
| % Revenue Growth (YoY) | - | 19.8% | (3.2%) | 12.5% | (4.5%) | 0.9% | (10.3%) | 12.2% | 12.7% | (7.7%) | (17.3%) | 29.5% | - | - | - |
| EBITDA (USD) | 20,949,000 | 29,125,000 | 26,267,000 | 27,695,000 | 24,170,000 | 26,343,000 | 22,954,000 | 20,469,000 | 22,218,000 | 21,397,000 | 13,710,000 | 20,628,000 | - | - | - |
| Operating Income (USD) | 15,343,000 | 22,937,000 | 18,851,000 | 21,649,000 | 17,410,000 | 19,490,000 | 15,678,000 | 11,944,000 | 13,922,000 | 12,494,000 | 4,908,000 | 12,027,000 | - | - | - |
| Operating Margin | 14.6% | 18.2% | 15.4% | 15.7% | 13.3% | 14.7% | 13.2% | 9.0% | 9.3% | 9.0% | 4.3% | 8.1% | - | - | - |
| % EBITDA Margin | 19.9% | 23.1% | 21.5% | 20.1% | 18.4% | 19.9% | 19.3% | 15.4% | 14.8% | 15.4% | 12.0% | 13.9% | - | - | - |
| NET Income (USD) | 11,652,000 | 17,591,000 | 14,786,000 | 17,258,000 | 13,875,000 | 16,187,000 | 13,004,000 | 9,798,000 | 11,010,000 | 10,066,000 | 4,149,000 | 8,552,000 | - | - | - |
| % Net Margin | 11.1% | 13.9% | 12.1% | 12.6% | 10.6% | 12.2% | 10.9% | 7.4% | 7.3% | 7.3% | 3.6% | 5.8% | - | - | - |
Castings PLC - employee data
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