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The Crumplehorn Inn and Watermill used to be a farm although the Mill dates from the 14th Century. The Inn used to be a counting house during Elizabethan times when privateering was a legal occupation. Ships captains could plunder Spanish and French ships legally and split the proceeds 50/50 to the Crown. The Crowns part went to fund the Navy in further attacks against the French. The Queen´s Treasury officer Lord Burleigh came to Polperro to ´count´ the ship´s cargo and take away the Crown´s share. Crumplehorn was probably a reference to curly horned sheep that were farmed on the surrounding hills.
