H.r.n. Tractors Limited in Insch, AB52 6XF

Description

Data updated on: 01-11-2023

H.r.n. Tractors Limited has been prospering on the British market for 44 years. Started with Companies House Reg No. SC072669 in 1980, the firm is based at Hrn, Insch AB52 6XF. This enterprise's registered with SIC code 46610: Wholesale of agricultural machinery, equipment and supplies. The company's latest accounts cover the period up to 2022-12-31 and the latest confirmation statement was released on 2023-01-14.

H R N Tractors Ltd is a medium-sized vehicle operator with the licence number OM0017809. The firm has three transport operating centres in the country. In their subsidiary in Insch , 2 machines and 2 trailers are available. The centre in Perth on Balbeggie has 3 machines and 2 trailers, and the centre in Stirling on Rossburn Lane is equipped with 1 machine and 1 trailer.

When it comes to this specific business, the full extent of director's obligations have so far been performed by Neil B. who was chosen to lead the company on 1988/11/30. Since 1988/11/30 Harry B., had been performing the duties for this business until the resignation in June 1994. At least one secretary in this firm is a limited company, specifically Brodies Secretarial Services Limited.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-09-30	2019-09-30	2020-09-30	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	51 961	247 724	794 411	351 963	1 015 882
Current Assets	11 155 929	12 763 609	11 175 067	18 328 472	19 029 627
Debtors	2 990 781	3 159 248	3 272 818	5 481 337	3 861 905
Net Assets Liabilities	12 039 128	12 314 665	12 830 302	13 277 813	13 917 316
Other Debtors	5 598	243	980 823	2 783 385	1 833 570
Property Plant Equipment	3 795 277	4 131 889	4 321 360	4 469 157	4 479 566
Total Inventories	8 113 187	9 356 637	7 107 838	12 495 172	14 151 840

Other Financial Data
Audit Fees Expenses	9 000	9 300	9 880	15 000	19 500
Accrued Liabilities Deferred Income	351 311	661 323	662 271	1 223 428	879 069
Accumulated Depreciation Impairment Property Plant Equipment	2 188 171	2 541 874	2 793 122	2 874 787	2 879 025
Additions Other Than Through Business Combinations Property Plant Equipment		778 746		1 126 723	938 835
Administrative Expenses	3 924 586	4 436 776	3 711 680	5 576 353	5 108 411
Average Number Employees During Period			93	91	90
Bank Borrowings Overdrafts	375 257
Banking Arrangements Classified As Cash Cash Equivalents	-375 257
Bank Overdrafts	375 257
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				83 878	66 524
Cash Cash Equivalents Cash Flow Value	-323 296	247 724	794 411	351 963	1 015 882
Corporation Tax Payable	42 841	38 490	105 568	147 788	256 372
Cost Sales	30 111 132	29 914 425	27 357 276	38 759 226	30 503 411
Creditors	5 236 011	6 845 413	5 390 494	61 022	298 369
Current Tax For Period	42 841	9 990	105 568	147 788	108 584
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			25 727	79 680
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-17 586	59 353	39 927	-50 427	3 331
Depreciation Expense Property Plant Equipment	320 358	442 134		560 334	324 220
Depreciation Impairment Expense Property Plant Equipment	320 358	442 134	431 341	599 052	453 243
Finance Lease Liabilities Present Value Total				61 022	298 369
Finance Lease Payments Owing Minimum Gross				97 585	463 968
Finished Goods Goods For Resale	8 069 814	9 291 387	7 052 771	12 418 897	14 012 963
Fixed Assets	6 278 559	6 615 171	7 330 085	7 477 882	7 488 291
Further Item Tax Increase Decrease Component Adjusting Items	7 905	-6 983	14 949	58 247	-34 250
Future Minimum Lease Payments Under Non-cancellable Operating Leases	103 500	26 000	60 500	380 820	304 053
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				-3 496	-862
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			1 634 884	-6 684 633	406 237
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			526 126	2 208 519	-1 619 432
Gain Loss In Cash Flows From Change In Inventories			-2 248 799	5 387 334	1 656 668
Gain Loss On Disposals Property Plant Equipment	22 921	5 328	108 621	184 486	116 038
Government Grant Income			80 767
Gross Profit Loss	3 936 485	4 767 164	4 267 656	6 163 434	5 846 081
Income From Related Parties	972 361	1 820 995	1 845 627	766 862	2 833 077
Income Taxes Paid Refund Classified As Operating Activities	-186 070	-14 341	-38 717	-106 250
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	1 411 639	-571 020
Increase Decrease In Current Tax From Adjustment For Prior Periods			227	682
Increase From Depreciation Charge For Year Property Plant Equipment		442 134		599 052	453 243
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				2 610	7 656
Interest Income On Bank Deposits	37	11
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	37	11
Interest Payable Similar Charges Finance Costs				2 610	7 656
Interest Received Classified As Investing Activities	-37	-11
Investments	2 483 282	2 483 282	3 008 725	3 008 725	3 008 725
Investments Fixed Assets	2 483 282	2 483 282	3 008 725	3 008 725	3 008 725
Net Cash Flows From Used In Financing Activities	26 419	113 106
Net Cash Flows From Used In Investing Activities	614 369	773 407
Net Cash Flows From Used In Operating Activities	770 851	-1 457 533	-1 058 878	-22 330	-645 150
Net Cash Generated From Operations			-1 097 595	-131 190	-652 806
Net Current Assets Liabilities	5 919 918	5 918 196	5 784 573	6 174 562	7 044 334
Net Finance Income Costs	37	11
Net Interest Paid Received Classified As Operating Activities				-2 610	-7 656
Operating Profit Loss	32 518	344 869	687 086	627 844	759 074
Other Creditors	181 184	719 776	1 108 219	2 249 830	3 115 061
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		88 431		517 387	449 005
Other Disposals Property Plant Equipment		88 431		897 261	924 188
Other Interest Receivable Similar Income Finance Income	37	11
Other Operating Income Format1	20 619	14 481	131 110	40 763	21 404
Other Taxation Social Security Payable	287 108	559 947	755 257	350 377	316 512
Payments Finance Lease Liabilities Classified As Financing Activities				-132 489	-225 611
Pension Other Post-employment Benefit Costs Other Pension Costs	136 373	146 930	134 641	154 165	142 772
Prepayments Accrued Income	520 174	303 318	285 871	1 250 114	510 297
Proceeds From Sales Property Plant Equipment	-534 228	-5 328	-493 181	-564 360	-591 221
Profit Loss	7 300	275 537	515 637	447 511	639 503
Profit Loss On Ordinary Activities Before Tax	32 555	344 880	687 086	625 234	751 418
Property Plant Equipment Gross Cost	5 983 448	6 673 763	7 114 482	7 343 944	7 358 591
Provisions For Liabilities Balance Sheet Subtotal	159 349	218 702
Purchase Property Plant Equipment	-1 148 634	-778 746	-1 005 372	-896 649	-346 841
Revenue From Commissions			17 918	21 958	7 664
Social Security Costs	302 053	299 948	277 964	365 984	340 524
Staff Costs Employee Benefits Expense	3 429 835	3 628 978	3 365 933	4 357 330	3 733 461
Taxation Including Deferred Taxation Balance Sheet Subtotal			284 356	313 609	316 940
Tax Decrease Increase From Effect Revenue Exempt From Taxation	22 592	9 971
Tax Expense Credit Applicable Tax Rate	6 185	65 527	130 546	118 794	142 769
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	669	966			3 396
Tax Tax Credit On Profit Or Loss On Ordinary Activities	25 255	69 343	171 449	177 723	111 915
Total Assets Less Current Liabilities	12 198 477	12 533 367	13 114 658	13 652 444	14 532 625
Total Borrowings	375 257
Total Current Tax Expense Credit			105 795	148 470	108 584
Total Deferred Tax Expense Credit			65 654	29 253	3 331
Total Operating Lease Payments			314 052	428 767	387 796
Trade Creditors Trade Payables	3 998 310	4 865 877	2 759 179	8 145 924	7 252 680
Trade Debtors Trade Receivables	2 465 009	2 855 687	2 006 124	1 447 838	1 518 038
Turnover Revenue	34 047 617	34 681 589	31 624 932	44 922 660	36 349 492
Wages Salaries	2 991 409	3 182 100	2 953 328	3 837 181	3 250 165
Work In Progress	43 373	65 250	55 067	76 275	138 877

Company staff