How much does Horning UK Ltd make?

Horning UK Ltd reported revenue of £328k and a loss of £197k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Horning UK Ltd have?

Horning UK Ltd reported an average of 2 employees in the year to 31 Dec 2025.

Is Horning UK Ltd profitable?

No — Horning UK Ltd reported a loss of £197k in the year to 31 Dec 2025.

Company No. 11444757 · Incorporated 3 Jul 2018

Horning UK Ltd

Registered name: HORNING UK LTD

Part of Horning Parket A/S group

Horning UK Ltd made £328k revenue and a £197k loss in the year to 31 Dec 2025.

Horning UK Ltd’s revenue fell 74% to £328k in the year to 31 Dec 2025, with a loss of £197k and 2 employees. The company is classified under “floor and wall covering” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43330Floor and wall covering

Status: Active
Location: London, London
Age: 8 yrs · since 2018
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.

Latest accounts · year to 31 Dec 2025

Key figures

Small team

Revenue

£328k

Growth ▼74.1%

Profit

−£197k

Growth ▼1166%

Profit margin

−60%

Gross 25.9%

Employees

Change 0%

Profit / employee

−£98.5k

Revenue/employee £164k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.1m	£1.1m	£1.3m	£328k
Cost of sales	£827k	£807k	£929k	£243k
Gross profit	£267k	£309k	£336k	£84.9k
Operating profit	£89.6k	£48.1k	£18.4k	−£197k
Profit before tax	£89.6k	£48.5k	£18.5k	−£197k
Profit after tax	£89.6k	£48.5k	£18.5k	−£197k
Profit (best available)	£89.6k	£48.5k	£18.5k	−£197k
Employees (average)	1	1	2	2
Ratios
Profit margin	8.2%	4.3%	1.5%	−60%
Gross margin	24.4%	27.7%	26.6%	25.9%
Revenue per employee	£1.1m	£1.1m	£632k	£164k
Profit per employee	£89.6k	£48.5k	£9.2k	−£98.5k
Growth (year on year)
Revenue growth	—	▲2%	▲13.3%	▼74.1%
Profit growth	—	▼45.9%	▼61.9%	▼1166%
Headcount growth	—	0%	▲100%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£210k	£328k	£64.2k	£31k
Net assets	−£112k	−£63.9k	−£45.4k	−£242k
Current assets	£341k	£434k	£210k	£138k
Debtors	£131k	£105k	£136k	£97.5k
Deferred income	£343k	£347k	£55.1k	£113k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: −60%; Profit ÷ revenue.
Gross margin: 25.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £164k; Revenue ÷ average employees.
Profit per employee: −£98.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 34.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 29.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: —; Now −£242k
Cash at bank: ▼52%; Now £31k
Headcount: 0%; Now 2
Deferred income: ▲106%; Now £113k
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Horning Parket A/S (registered outside the UK register)ultimate parent75–100%
Horning UK Ltdthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£197k), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.