PERFORMING RIGHT SOCIETY,LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-01 (in 3mo)
Last made up 2025-07-18
Watchouts
None on the register
Cash
£143M
+42.9% vs 2023
Net assets
-£39M
-4.2% vs 2023
Employees
553
+6.8% vs 2023
Profit before tax
£13M
-23.3% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,095,078,000 | £1,160,600,000 | |
| Operating profit | £983,437,000 | £1,030,889,000 | |
| Profit before tax | £16,789,000 | £12,878,000 | |
| Net profit | £6,582,000 | £3,782,000 | |
| Cash | £100,106,000 | £143,024,000 | |
| Total assets less current liabilities | -£22,940,000 | -£17,845,000 | |
| Net assets | -£37,072,000 | -£38,611,000 | |
| Equity | -£37,072,000 | -£38,611,000 | |
| Average employees | 518 | 553 | |
| Wages | £35,720,000 | £40,292,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 89.8% | 88.8% | |
| Net margin | 0.6% | 0.3% | |
| Return on capital employed | -4287.0% | -5776.9% | |
| Gearing (liabilities / total assets) | 106.9% | 106.6% | |
| Current ratio | 0.87x | 0.88x | |
| Interest cover | 5651.94x | 2590.17x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Group has adequate resources to continue operating for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- PERFORMING RIGHT SOCIETY,LIMITED · parent
- Music Copyright (Overseas) Limited 100%
- Music Copyright Operational Services Limited 100%
- Musiclicensing.com Limited 100%
- Musiclicensing.org Limited 100%
- PRS for Music Limited 100%
- The Music Alliance Limited 100%
- GRD Prep Co Limited 100%
- Imprimatur Services Limited 100%
- PRS for Music (USA) Limited 100%
- Rightswatch Limited 100%
- The MCPS-PRS Alliance Limited 100%
Significant events
- “The financial year 2024 delivered a significant milestone in the 110-year history of PRS, with more than £1 billion being paid out to rightsholders.”
- “In the year the Group completed the sale of its Streatham office for £1.3m, the consolidation of operations to the single site in London Bridge has secured £850k of savings per year for members.”
- “The Group agreed 60 major new licensing agreements in 2024 with new and existing customers, with several other deals agreed in principle for year end.”
- “In February 2024, an application alleging breaches of UK and/or EU competition law was filed in the UK Competition Appeal Tribunal against Performing Right Society Limited and PRS For Music Limited (Note 25).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
25 active · 75 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AITKEN, Jonathan | Secretary | 2020-05-19 | — | — |
| ALWAY, Jacqueline Gay | Director | 2013-06-13 | Feb 1966 | British |
| ANDERSEN, Janet Kay | Director | 2021-05-19 | Sep 1967 | American |
| BEBAWI, Antony George | Director | 2019-05-21 | Feb 1970 | British |
| BROWN, Vanessa Louise | Director | 2023-01-04 | Oct 1983 | British |
| DENNIS, Catherine Roseanne | Director | 2025-06-03 | Mar 1968 | British |
| GILROY, Ian Nigel | Director | 2022-05-25 | Jan 1963 | British |
| GRAY, Thomas William | Director | 2019-05-21 | Jan 1977 | British |
| HALL, Megan Diane | Director | 2025-06-03 | Sep 1979 | British |
| HUNT, Crispin Macmichael Sandys | Director | 2019-05-21 | Mar 1968 | British |
| INGHAM, Erica Jane | Director | 2021-05-19 | Aug 1972 | British |
| KASSNER, Alexander Laurence | Director | 2020-08-18 | Mar 1979 | British |
| LANG, Daniel | Director | 2022-05-25 | Aug 1991 | British |
| MARTIN, Andrea Czapary | Director | 2019-07-04 | Nov 1959 | Hungarian |
| MVULA, Laura | Director | 2022-07-26 | Apr 1986 | British |
| NOTT, Julian Francis Kandahar | Director | 2021-05-19 | Nov 1960 | British |
| PAINE, Richard Peter | Director | 2022-05-25 | Jun 1958 | British |
| POPE, Philip Rupert Justin | Director | 2019-05-21 | Aug 1956 | British |
| ROSE, Philip | Director | 2024-06-04 | Sep 1983 | British |
| SIMMONDS, John | Director | 2017-05-24 | Dec 1962 | British |
| SPRING, Stephanie | Director | 2024-06-04 | Jun 1957 | British |
| STOBBIE, Michael Gordon | Director | 2024-06-04 | Feb 1958 | British |
| TOUMAZIS, Thomas Christoforos | Director | 2020-08-18 | Jun 1961 | British |
| WOODROFFE, Pete | Director | 2021-05-19 | Jun 1961 | British |
| YOUNG, Laura Simone | Director | 2024-06-04 | Oct 1966 | British |
Show 75 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARNOLD, Amanda Jane | Secretary | 1997-09-13 | 2005-12-31 |
| BURNETT, Victoria Joan | Secretary | 2011-12-14 | 2015-04-01 |
| CHALLEN, Nicola | Secretary | 2015-05-27 | 2015-10-22 |
| CHIPCHASE, Jill | Secretary | 2019-10-08 | 2019-12-11 |
| GALE, Karen | Secretary | 2010-06-23 | 2011-12-14 |
| STONES, Deborah Ann | Secretary | 2019-12-11 | 2020-05-19 |
| STONES, Deborah Ann | Secretary | 2015-10-22 | 2019-10-08 |
| STONES, Deborah Ann | Secretary | 2015-04-01 | 2015-05-27 |
| STONES, Deborah Ann | Secretary | 2006-01-01 | 2010-06-23 |
| UWEMEDIMO, David Brian Okuma | Secretary | 1996-05-01 | 1997-09-12 |
| WILKINSON, Brian John | Secretary | — | 1996-04-30 |
| ANDERSON, Simon John, Dr | Director | 2016-05-26 | 2022-05-25 |
| ASHCROFT, Robert John | Director | 2010-01-25 | 2019-07-04 |
| AXON, John Temperley | Director | 2000-09-22 | 2005-03-31 |
| BEAHAM-POWELL, Nigel Peter | Director | 1994-02-23 | 2011-05-26 |
| BEBAWI, Antony George | Director | 2010-06-23 | 2013-06-13 |
| BEDFORD, David Vickerman | Director | 1994-09-08 | 2011-10-01 |
| BELL, Catherine | Director | 2003-07-10 | 2008-08-31 |
| BEVAN, Fiona Mackay Barclay | Director | 2021-05-19 | 2022-10-28 |
| BICKERTON, Arthur Ronald | Director | — | 1996-01-16 |
| BLUE, Barry Ian | Director | 2010-04-29 | 2022-05-25 |
| BOOTH, Charles William | Director | 2013-06-13 | 2019-05-21 |
| BOOTH, Charles William | Director | 2004-06-17 | 2010-06-11 |
| BRUNNING, Roland John | Director | — | 1993-01-31 |
| BUTLER, Christopher Mark | Director | 1999-10-22 | 2022-05-25 |
| CALLANDER, Peter Robin | Director | — | 2010-04-29 |
| CHANNON, Jonathan Charles | Director | 1998-09-18 | 2004-07-17 |
| COOKE, Stephen John | Director | 2020-08-18 | 2021-03-31 |
| COSTER, Malcolm David | Director | 1996-02-28 | 2005-07-01 |
| COX, Edwin Noel | Director | 2013-06-13 | 2016-05-26 |
| CURRAN, Paul Gerard | Director | — | 2008-04-30 |
| DARLOW, Simon | Director | 2009-01-28 | 2021-05-19 |
| DAVIDSON, Stephen James | Director | 2015-05-19 | 2024-06-04 |
| DE PAUL, Lynsey | Director | 2006-06-30 | 2014-10-08 |
| DUGUID, James Paxton Mcmillan | Director | 2018-05-24 | 2021-05-19 |
| DYBALL, Jane Mary | Director | 2002-07-18 | 2013-06-30 |
| DYER, Owain Michael Jonson | Director | — | 1994-09-08 |
| ELDERTON, Nigel Robert | Director | 1992-12-16 | 2022-12-31 |
| ELLIS, Vivian John Herman | Director | — | 1993-09-15 |
| ESCOFFERY-OJO, Michelle Andrea | Director | 2018-10-10 | 2025-06-03 |
| EVANS, James Mark Crispin | Director | 1999-10-22 | 2005-07-31 |
| FABINYI, Jeremy Rohan | Director | 2009-07-22 | 2010-02-26 |
| FERGUSON, David | Director | 2004-06-17 | 2009-01-28 |
| FLETCHER, Mervyn Guy | Director | 1998-09-18 | 2017-05-24 |
| GODFREY CASS, Robin | Director | 1993-04-21 | 1993-09-08 |
| GOLDWAG, Wanda Celina | Director | 2002-09-04 | 2015-05-19 |
| GOULDMAN, Graham Keith | Director | 1994-09-08 | 1995-05-06 |
| GOWERS, William Patrick, Dr | Director | — | 1994-01-31 |
| GRAHAM, Nicholas Lynedoch | Director | 1995-09-14 | 2019-05-21 |
| GREENAWAY, Roger John Reginald | Director | — | 1994-05-26 |
| GREGSON, Edward | Director | 2011-12-14 | 2021-05-19 |
| GREGSON, Edward | Director | 1995-09-14 | 2010-04-29 |
| GUNNING, Christopher | Director | — | 2004-07-17 |
| HEAP, Imogen Jennifer Jane | Director | 2017-05-24 | 2018-07-17 |
| HEATH, Andrew | Director | 1997-04-23 | 2008-01-16 |
| HITCHENS, Barry William | Director | 1995-10-23 | 1999-03-19 |
| HOCKMAN, David Philip | Director | — | 1999-03-31 |
| HORNALL, Stuart Alexander | Director | 2013-07-10 | 2020-08-18 |
| HORNALL, Stuart Alexander | Director | 2005-09-13 | 2012-05-31 |
| HORNALL, Stuart Alexander | Director | — | 1992-10-14 |
| HOROVITZ, Joseph | Director | — | 1996-09-12 |
| HUNT, Crispin Macmichael Sandys | Director | 2014-10-08 | 2018-05-24 |
| HUNTER, Alistair John, Sir | Director | 1996-09-01 | 2002-07-18 |
| HUTCHINSON, John | Director | 1995-11-22 | 2005-07-01 |
| JAMES, Stephen Maurice | Director | — | 1997-09-12 |
| KING, Andrew Ellerton | Director | 2000-09-22 | 2014-05-29 |
| KING, Richard Malcolm | Director | 2004-06-17 | 2022-05-25 |
| LAVIN, Michael Anthony | Director | 2016-07-20 | 2017-05-24 |
| LEESON, Michael David | Director | 2007-06-28 | 2018-05-24 |
| LEESON, Michael David | Director | 1993-10-20 | 2006-06-30 |
| LEVIN, Sarah Elizabeth | Director | 2008-06-26 | 2013-01-01 |
| LEVINE, Stephen Alec | Director | 2007-06-28 | 2022-05-25 |
| LONG, Paulette Maureen | Director | 2014-05-29 | 2017-05-24 |
| LONG, Paulette Maureen | Director | 2008-06-26 | 2013-06-13 |
| LYTTLETON, Trevor Michael | Director | 1993-09-08 | 1995-09-14 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 411 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-22 RESOLUTIONS Resolution
- 2024-06-22 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-19 | CH01 | officers | Change person director company with change date | |
| 2025-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-09 | AA | accounts | Accounts with accounts type group | |
| 2025-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-03 | CH01 | officers | Change person director company with change date | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2024-07-18 | CH01 | officers | Change person director company with change date | |
| 2024-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-11 | SH11 | capital | Capital new class members | |
| 2024-06-22 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-22 | MA | incorporation | Memorandum articles | |
| 2024-06-15 | AA | accounts | Accounts with accounts type group | |
| 2024-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-11 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- Officers appointed
- 2
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+6%
£1,095,078,000 £1,160,600,000
-
Cash
+42.9%
£100,106,000 £143,024,000
-
Net assets
-4.2%
-£37,072,000 -£38,611,000
-
Employees
+6.8%
518 553
-
Operating profit
+4.8%
£983,437,000 £1,030,889,000
-
Profit before tax
-23.3%
£16,789,000 £12,878,000
-
Wages
+12.8%
£35,720,000 £40,292,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers