LPA Group plc, the innovation-led engineering specialist in electronic and electro-mechanical components and systems, is pleased to announce the successful refinancing of the Group’s banking facilities, which were due to mature in January 2027.

The new facilities, provided by Arbuthnot Commercial Asset Based Lending Limited, comprise of an up to £8.75 million Revolving Credit Facility secured over property and receivables. These facilities replace the existing bank loan and overdraft arrangements and provide additional working capital to support the Group’s growth plans. The new agreement runs for a minimum term of three years.

The increased facilities have been secured at pricing broadly in line with the Group’s previous arrangements. The Group anticipate releasing its preliminary announcement of the results for the year ending 30 September 2025 by 30 January 2026.

Robert B Horvath, Chairman of LPA Group, commented: “We are pleased to have completed this refinancing which provides sufficient headroom for the Group to continue delivering on its growth plans over the coming years. I am also pleased to report that the Group has made a strong start to the new financial year.”