LPW’s metal powders are used to make everything from turbine blades and car parts to medical implants. Its PowderLife software helps individual customers comply with their industry’s manufacturing quality standards. LPW has offices in America, Germany and Italy and distribution partners in further seven countries, including China and Japan. Under founder and chief executive, Phil Carroll, 39, sales grew to an annualised £10.4m last year. Funded in part by April’s undisclosed investment from American 3D printing company Stratasys, the Cheshire firm plans to spend £20m over the next two years to develop its manufacturing facilities and product range.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2017
Rank70
CompanyLPW Technology
ActivityMetal powder manufacturer
LocationCheshire
Average 3 year sales growth60.69%
Latest sales £000s†10,406
Staff82
Founded2007
Websitewww.lpwtechnology.com

If applicable:

* supplied by company † annualised figure