Horn Cutting Tools Limited
Registered name: HORN CUTTING TOOLS LIMITED
Horn Cutting Tools Limited made £10.6m revenue and £197k profit in the year to 31 Dec 2025. read from filing text
Horn Cutting Tools Limited’s revenue was £10.6m in the year to 31 Dec 2025, with £197k profit and 31 employees. The company is classified under “manufacture of other machine tools” and is based in Purley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Purley, London
- Age
- 18 yrs · since 2007
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company is a wholly owned subsidiary undertaking of”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £10.3m | £11.2m | £10.5m | £10.6m |
| Cost of sales | £5.1m | £5.7m | £5.7m | £6.1m |
| Gross profit | £5.1m | £5.5m | £4.8m | £4.5m |
| Operating profit | £105k | £597k | £289k | £151k |
| Profit before tax | £113k | £666k | £399k | £234k |
| Profit after tax | £107k | £499k | £262k | £197k |
| Profit (best available) | £107k | £499k | £262k | £197k |
| Staff costs | £2.9m | £2.8m | £2.8m | £2.3m |
| Employees (average) | 45 | 44 | 38 | 31 |
| Ratios | ||||
| Profit margin | 1.1% | 4.5% | 2.5% | 1.9% |
| Gross margin | 49.9% | 48.7% | 45.6% | 42.4% |
| Revenue per employee | £228k | £254k | £278k | £341k |
| Profit per employee | £2.4k | £11.3k | £6.9k | £6.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲9% | ▼5.7% | ▲0.2% |
| Profit growth | — | ▲364.2% | ▼47.5% | ▼24.6% |
| Headcount growth | — | ▼2.2% | ▼13.6% | ▼18.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.8m | £2.3m | £3m | £2.1m |
| Net assets | £2.4m | £2.9m | £3.2m | £3.4m |
| Fixed assets | £279k | £213k | £308k | £713k |
| Current assets | £4.8m | £5.4m | £5.5m | £5.9m |
| Debtors | £2.3m | £2.4m | £1.9m | £2.4m |
| Deferred income | £426k | £151k | £461k | £199k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.9%
- Profit ÷ revenue.
- Gross margin
- 42.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £341k
- Revenue ÷ average employees.
- Profit per employee
- £6.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲6%
- Now £3.4m
- Cash at bank
- ▼30%
- Now £2.1m
- Headcount
- ▼18%
- Now 31
- Deferred income
- ▼57%
- Now £199k
- Fixed assets
- ▲131%
- Now £713k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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- Profit
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- Ipg Photonics (UK) LimitedCoventry · Manufacture of other machine tools
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £197k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.