Hone-all Precision Limited
- Active
- Small
- Holding
- 31 years
- 41 employees
- £4,751,332 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Virtual address
- 2 directors
- 1 owner
- Leighton Buzzard
- E-commerce
- Rating 5.0 (11)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Hone All Precision Ltd from Leighton Buzzard, UK, is a small, holding company with an active status, celebrating 30 years since its founding in 1994. The company employs 41 people and holds £4,751,332 in assets. It operates from a virtual address – sixteen companies registered at the same address – and is overseen by two directors and one owner. A functioning e-commerce site and a Google rating of 5.0 (based on eleven reviews) suggest a customer-focused approach.
The company’s business model involves irregular imports of machinery, boilers, and mechanical appliances (parts imported for two months, latest in December 2024) and regular exports of iron or steel products (nine months of exports, also latest in December 2024). It operates in the other engineering activities, the manufacture of tubes, pipes, hollow profiles and related fittings, of steel industries.
Financially, Hone All Precision Ltd presents a mixed picture. Current assets increased by 23%, reaching £4,800,000, while net assets grew by 12% to £3,800,000. Bank borrowings surged by 15%, reaching £1,200,000, and cash reserves fell 78% to £27,000. Creditors increased by 36%, suggesting a need to manage debt. The company meets the criteria for a small company – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees – which allows for agility. No auditor is mentioned, likely due to its small size.
The company’s financial data also reveals that depreciation charges for plant machinery remained consistent, and employee numbers increased slightly, from 41 to 42. Despite the positive trends in assets and equity, the decrease in cash reserves warrants attention. The company's reliance on bank borrowings could pose a risk if revenue growth slows.
Registered in England/Wales under the registration number 02982075, with a registered address at LU7 1DA, England, Leighton Buzzard, Bedfordshire, 3 West Street.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Corporate
- 4 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 33
-
Resident of United Kingdom
-
Individual
- 4 years
- 35
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Accounts for a small company made up to 2024-12-31Download 15 pages pdf report
-
Confirmation statement made on 2025-06-01 with no updatesDownload 3 pages pdf report
-
Accounts for a small company made up to 2023-12-31Download 11 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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