Horn Cutting Tools Limited in Purley, CR8 2BR

Description

Data updated on: 01-11-2023

Horn Cutting Tools Limited is a Private Limited Company, located in Palmerston House, 814 Brighton Road, Purley. The headquarters' zip code CR8 2BR. The firm was formed in 2007. The business Companies House Reg No. is 06427770. The company's declared SIC number is 28490 which stands for Manufacture of other machine tools. Horn Cutting Tools Ltd released its latest accounts for the period up to Saturday 31st December 2022. The business most recent annual confirmation statement was submitted on Saturday 30th September 2023.

With four recruitment offers since Tue, 14th Jul 2015, Horn Cutting Tools has been a relatively active employer on the job market. On Thu, 30th Mar 2017, it started seeking job candidates for a full time Cnc Operator position in Ringwood, and on Tue, 14th Jul 2015, for the vacant position of a full time Machine operator in Ringwood. As of yet, they have looked for employees for the Office Cleaner posts.

For this limited company, the full scope of director's duties have so far been executed by Andreas V. who was selected to lead the company on 3rd December 2007. Another limited company has been appointed as one of the secretaries of this company: Palmerston Secretaries Limited.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	2 968 986	3 594 877	2 483 763	2 137 627	667 138	1 793 771
Current Assets	6 187 240	6 962 252	6 260 421	5 689 423	3 953 781	4 818 289
Debtors	2 574 851	2 747 707	2 526 053	2 271 561	2 275 029	2 514 928
Net Assets Liabilities	3 871 666	4 374 634	3 571 821	3 378 646	2 330 583	2 437 983
Other Debtors	129 628	61 926	54 319	67 242	46 160	47 425
Property Plant Equipment	461 788	384 938	397 389	308 665	326 442	278 599
Total Inventories	643 403	619 668	1 250 605	1 280 235	1 011 614	509 590

Other Financial Data
Audit Fees Expenses	9 700	9 500	9 785	10 075	8 650	9 500
Accrued Liabilities Deferred Income	193 699	197 537	213 261	144 254	136 464	425 673
Accumulated Depreciation Impairment Property Plant Equipment	1 488 599	1 597 068	1 699 527	1 804 650	1 896 639	1 927 530
Additions Other Than Through Business Combinations Property Plant Equipment		31 619	114 910	16 399	109 766	141 476
Administrative Expenses	4 511 448	4 661 189	4 766 121	4 272 927	4 271 619	4 871 474
Amounts Owed By Group Undertakings			136 789
Amounts Owed To Group Undertakings	722 229	695 109		44 811	26 233	28 234
Average Number Employees During Period	51	52	51	48	48	45
Comprehensive Income Expense	500 580	502 968	-156 095	-193 175	451 937	107 400
Corporation Tax Payable	84 412	47 771
Corporation Tax Recoverable			102 580	104 978	11 790	52 621
Cost Sales	4 560 783	5 336 308	6 235 856	4 305 368	4 389 150	5 147 025
Creditors	2 765 341	2 961 508	3 076 520	2 616 178	1 945 017	2 652 623
Current Tax For Period	163 646	129 858	-21 722		38 210	3 800
Deferred Tax Asset Debtors				35 388
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-35 535	-973	-1 579	-41 593	36 747	1 659
Depreciation Expense Property Plant Equipment	282 779	108 469	102 459	105 123	91 989	97 591
Distribution Costs	70 455	99 784	73 228	42 799	214 950	141 029
Dividends Paid			646 718		1 500 000
Dividends Paid On Shares Interim			646 718		1 500 000
Finished Goods Goods For Resale	643 403	619 668	1 250 605	1 280 235	1 011 614	509 590
Further Item Interest Expense Component Total Interest Expense					624
Future Minimum Lease Payments Under Non-cancellable Operating Leases		422 504	416 849	322 198	180 069	176 545
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-78 520	-35 593	36 331	-94 767	43 254	-132 280
Gain Loss On Disposals Property Plant Equipment	-24 281					32 569
Government Grant Income				123 693
Gross Profit Loss	5 208 861	5 387 397	4 577 203	3 946 122	5 013 922	5 117 339
Impairment Loss Other Non-financial Assets			-642 994
Increase Decrease Through Other Changes Property Plant Equipment						-69 494
Increase From Depreciation Charge For Year Property Plant Equipment		108 469	102 459	105 123	91 989	97 591
Interest Income On Bank Deposits	2 485	4 608	7 008	1 877	70	7 596
Interest Payable Similar Charges Finance Costs	312				624
Loss Gain From Write-downs Reversals Inventories			642 994
Net Current Assets Liabilities	3 421 899	4 000 744	3 183 901	3 073 245	2 008 764	2 165 666
Net Finance Income Costs	2 045	5 429	7 750	2 438	165	8 023
Operating Profit Loss	626 958	626 424	-187 146	-237 206	527 353	104 836
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						66 700
Other Disposals Property Plant Equipment						88 934
Other Interest Income		821	742	561	95	427
Other Interest Receivable Similar Income Finance Income	2 045	5 429	7 750	2 438	165	8 023
Other Operating Income Format1			75 000	132 398
Other Taxation Social Security Payable	411 041	501 519	486 937	756 865	440 531	388 051
Payments Received On Account			41 937	42 507
Pension Other Post-employment Benefit Costs Other Pension Costs	255 709	280 703	320 624	315 856	308 890	333 772
Prepayments Accrued Income	160 346	81 136	165 147	226 314	136 227	152 784
Profit Loss	500 580	502 968	-156 095	-193 175	451 937	107 400
Profit Loss On Ordinary Activities Before Tax	628 691	631 853	-179 396	-234 768	526 894	112 859
Property Plant Equipment Gross Cost	1 950 387	1 982 006	2 096 916	2 113 315	2 223 081	2 206 129
Provisions For Liabilities Balance Sheet Subtotal	12 021	11 048	9 469
Social Security Costs	231 265	251 283	264 642	253 204	265 608	288 567
Staff Costs Employee Benefits Expense	2 536 181	2 666 336	2 851 114	2 637 998	2 731 023	2 859 333
Taxation Including Deferred Taxation Balance Sheet Subtotal	12 021	11 048	9 469	3 264	4 623	6 282
Tax Decrease From Utilisation Tax Losses					72 844	87
Tax Expense Credit Applicable Tax Rate		120 052	-34 085	-44 606	100 110	21 443
Tax Increase Decrease From Effect Capital Allowances Depreciation	-24 942	-19 637	-17 887	-13 768	-19 292	-42 660
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	33 602	29 443	30 250	23 003	30 236	25 105
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward				-17	35 388
Tax Increase Decrease From Other Short-term Timing Differences		-973	-1 579	-6 205	1 359	1 658
Tax Tax Credit On Profit Or Loss On Ordinary Activities	128 111	128 885	-23 301	-41 593	74 957	5 459
Total Assets Less Current Liabilities	3 883 687	4 385 682	3 581 290	3 381 910	2 335 206	2 444 265
Total Operating Lease Payments	104 871	104 308	101 023	91 458	102 024	112 848
Trade Creditors Trade Payables	1 353 960	1 519 572	2 334 385	1 627 741	1 341 789	1 810 665
Trade Debtors Trade Receivables	2 284 877	2 604 645	2 067 218	1 837 639	2 080 852	2 262 098
Turnover Revenue	9 769 644	10 723 705	10 813 059	8 251 490	9 403 072	10 264 364
Wages Salaries	2 049 207	2 134 350	2 265 848	2 068 938	2 156 525	2 236 994

Company staff

Andreas V.

Role: Director

Appointed: 03 December 2007

Latest update: 30 March 2024

Palmerston Secretaries Limited

Role: Corporate Secretary

Appointed: 15 November 2007

Address: Palmerston House, 814 Brighton Road, Purley, Surrey, CR8 2BR

Latest update: 30 March 2024

People with significant control

Markus H. is the individual who controls this firm, owns over 3/4 of company shares.

Markus H.

Notified on 5 February 2023

Nature of control:

over 3/4 of shares

Lothar H.

Notified on 1 June 2018

Ceased on 5 February 2023

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	14 October 2024
Confirmation statement last made up date	30 September 2023

Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Cnc Operator in Ringwood, posted on Thursday 30th March 2017
Region / City	South East/Southern, Ringwood
Industry	Uncategorised manufacturing services
Salary	From £17500.00 to £18500.00 per year
Work hours	Overtime
Job type	full time
Career level	experienced (non-managerial)
Education level	a GCSE (Scottish or equivalent)
Job reference code	VL070115


Office Cleaner in Ringwood, posted on Tuesday 15th November 2016
Region / City	South East/Southern, Ringwood
Industry	Other manufacturing services
Job type	part time (less than 30 hours)
Career level	none


Cnc Operator in Ringwood, posted on Tuesday 24th May 2016
Region / City	South East/Southern, Ringwood
Industry	Uncategorised manufacturing services
Salary	From £17000.00 to £18000.00 per year
Work hours	Overtime
Job type	full time
Career level	entry level employees
Education level	a GCSE (Scottish or equivalent)
Job reference code	VL240516


Machine operator in Ringwood, posted on Tuesday 14th July 2015
Region / City	South East/Southern, Ringwood
Industry	Uncategorised manufacturing services
Salary	From £17000.00 to £18000.00 per month
Job type	full time
Career level	entry level employees
Education level	a CSE or its equivalent
Job reference code	VLMO1601

Cnc Operator in Ringwood, posted on Thursday 30th March 2017

Region / City

South East/Southern, Ringwood

Industry

Uncategorised manufacturing services

Salary

From £17500.00 to £18500.00 per year

Work hours

Overtime

Job type

full time

Career level

experienced (non-managerial)

Education level

a GCSE (Scottish or equivalent)

Job reference code

VL070115

Office Cleaner in Ringwood, posted on Tuesday 15th November 2016

Region / City

South East/Southern, Ringwood

Industry

Other manufacturing services

Job type

part time (less than 30 hours)

Career level

none

Cnc Operator in Ringwood, posted on Tuesday 24th May 2016

Region / City

South East/Southern, Ringwood

Industry

Uncategorised manufacturing services

Salary

From £17000.00 to £18000.00 per year

Work hours

Overtime

Job type

full time

Career level

entry level employees

Education level

a GCSE (Scottish or equivalent)

Job reference code

VL240516

Machine operator in Ringwood, posted on Tuesday 14th July 2015

Region / City

South East/Southern, Ringwood

Industry

Uncategorised manufacturing services

Salary

From £17000.00 to £18000.00 per month

Job type

full time

Career level

entry level employees

Education level

a CSE or its equivalent

Job reference code

VLMO1601

Horn Cutting Tools Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Andreas V.

Palmerston Secretaries Limited

Palmerston Registrars Limited

People with significant control

Markus H.

Lothar H.

Accounts Documents

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Company filings

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