H.R.N. Tractors Limited
Registered name: H.R.N. TRACTORS LIMITED
H.R.N. Tractors Limited made £30m revenue and £335k profit in the year to 31 Dec 2025.
H.R.N. Tractors Limited’s revenue fell 3% to £30m in the year to 31 Dec 2025, with £335k profit and 68 employees. The company is classified under “wholesale of agricultural machinery, equipment and supplies” and is based in Insch; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Insch, Scotland
- Age
- 46 yrs · since 1980
- Type
- Private Limited Company
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&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £36.3m | £34.9m | £31m | £30m |
| Cost of sales | £30.5m | £29.5m | £26.9m | £25.3m |
| Gross profit | £5.8m | £5.3m | £4.1m | £4.7m |
| Operating profit | £759k | £38.1k | −£484k | £215k |
| Profit before tax | £751k | −£930k | −£959k | £118k |
| Profit after tax | £640k | −£962k | −£827k | £335k |
| Profit (best available) | £640k | −£962k | −£827k | £335k |
| Staff costs | £3.7m | £3.8m | £3.5m | £3m |
| Employees (average) | 90 | 89 | 84 | 68 |
| Ratios | ||||
| Profit margin | 1.8% | −2.8% | −2.7% | 1.1% |
| Gross margin | 16.1% | 15.3% | 13.3% | 15.6% |
| Revenue per employee | £404k | £392k | £369k | £441k |
| Profit per employee | £7.1k | −£10.8k | −£9.8k | £4.9k |
| Cash conversion | −86% | 1294% | — | 343.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼4.1% | ▼11.1% | ▼3.3% |
| Profit growth | — | ▼250.5% | — | — |
| Headcount growth | — | ▼1.1% | ▼5.6% | ▼19.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1m | £5.1k | £377k | −£8.5k |
| Net assets | £13.9m | £13m | £10.6m | £11m |
| Fixed assets | £7.5m | £6.2m | £6.3m | £7.1m |
| Current assets | £19m | £15.7m | £9.9m | £10.7m |
| Debtors | £1.5m | £952k | £757k | £1m |
| Deferred income | £879k | £618k | £317k | £786k |
| Cash from operations | −£653k | £493k | £302k | £739k |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 15.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £441k
- Revenue ÷ average employees.
- Profit per employee
- £4.9k
- Profit ÷ average employees.
- Cash conversion
- 343.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.5%
- 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
- ▲3%
- Now £11m
- Cash at bank
- ▼102%
- Now −£8.5k
- Headcount
- ▼19%
- Now 68
- Deferred income
- ▲148%
- Now £786k
- Fixed assets
- ▲12%
- Now £7.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Earnvale Tractors LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £335k), 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.