ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION
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Next accounts due
2026-05-31 (this month)
Last filed for 2024-08-31
Confirmation statement due
2027-01-31 (in 8mo)
Last made up 2026-01-17
Watchouts
None on the register
Cash
£79M
+52.3% vs 2023
Net assets
£243M
+7% vs 2023
Employees
1,096
+2.5% vs 2023
Profit before tax
—
Period ending 2024-08-25
Name history
Renamed 1 time since incorporation
- ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION 2014-09-01 → present
- ROYAL OPERA HOUSE,COVENT GARDEN LIMITED 1950-04-01 → 2014-09-01
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-08-25
Latest accounts filed cover 2024-08-31; financial figures currently reflect up to 2024-08-25.
| Metric | Trend | 2023-08-27 | 2024-08-25 |
|---|---|---|---|
| Turnover | £101,174,000 | £103,490,000 | |
| Operating profit | -£50,817,000 | -£53,172,000 | |
| Profit before tax | — | — | |
| Net profit | £8,866,000 | £820,000 | |
| Cash | £51,589,000 | £78,578,000 | |
| Total assets less current liabilities | £263,162,000 | £277,897,000 | |
| Net assets | £227,267,000 | £243,077,000 | |
| Equity | £296,223,000 | £305,967,000 | |
| Average employees | 1,069 | 1,096 | |
| Wages | £49,177,000 | £53,885,000 |
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 | 2023-08-27 | 2024-08-25 |
|---|---|---|---|
| Operating margin | -50.2% | -51.4% | |
| Net margin | 8.8% | 0.8% | |
| Return on capital employed | -19.3% | -19.1% | |
| Gearing (liabilities / total assets) | 26.4% | 24.8% | |
| Current ratio | 1.87x | 2.52x | |
| Interest cover | -357.87x | -352.13x |
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
- Crowe UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees have concluded that the Royal Ballet and Opera are able to continue as a going concern.”
Group structure
- ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION · parent
- Royal Opera House Enterprises Limited 100%
- Royal Opera House Holdings Limited 100%
- Royal Opera House Developments Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
19 active · 81 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HURST, Leah | Secretary | 2019-10-08 | — | — |
| BADAWI-MALIK, Zeinab Mohammed-Khair | Director | 2019-10-08 | Oct 1959 | British |
| BRITTON, Caroline Louise | Director | 2021-12-14 | Feb 1965 | British |
| BROWNE OF MADINGLEY, John, Lord | Director | 2020-09-01 | Feb 1948 | British |
| BULL, Deborah, Baroness | Director | 2025-09-01 | Mar 1963 | British |
| BUNTING, Timothy Brian | Director | 2017-10-03 | Aug 1963 | British |
| BURGER, Lisa Jane | Director | 2022-10-05 | May 1962 | British |
| DORFMAN, Lloyd Marshall | Director | 2015-02-10 | Aug 1952 | British |
| FREISE, Philipp Roland | Director | 2023-12-07 | Jul 1973 | German |
| GOLANT, Farah Ramzan | Director | 2024-12-10 | May 1964 | British |
| HYTNER, Nicholas Robert, Sir | Director | 2026-01-01 | May 1956 | British |
| ISON, Daniel Alexander | Director | 2024-09-01 | Apr 1977 | British Virgin Islander |
| LUCAS, Stephen | Director | 2024-09-01 | Dec 1968 | British |
| MCCALL, Carolyn Julia, Dame | Director | 2024-12-10 | Sep 1961 | British |
| STANTON, Alan William | Director | 2024-10-08 | Apr 1944 | British |
| STREETEN, Joanna | Director | 2024-05-21 | Aug 1967 | British |
| SUMMERS, Alistair Gerald | Director | 2024-10-08 | May 1965 | British |
| SUSSKIND, Janis Elizabeth | Director | 2022-10-05 | Nov 1952 | American |
| YOUNGER, Alex, Sir | Director | 2022-10-05 | Jul 1963 | British |
Show 81 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURGER, Lisa | Secretary | 1996-06-24 | 1997-06-30 |
| CAWTHRA, Richard | Secretary | 2011-01-07 | 2011-05-04 |
| DAFFERN, Ivan Luke | Secretary | 2018-10-01 | 2019-10-08 |
| HALL, Anthony William, Lord | Secretary | 2001-06-12 | 2002-02-19 |
| HALL, Richard John Jeaffreson | Secretary | 1997-07-01 | 1998-02-26 |
| JONES, Philip Charles | Secretary | — | 1993-08-31 |
| KAISER, Michael | Secretary | 1998-12-16 | 2001-06-12 |
| LE ROY, Fiona Mary Noel | Secretary | 2011-05-04 | 2018-09-30 |
| MORTLOCK, John Samuel | Secretary | 2008-01-22 | 2011-01-07 |
| SEEKINGS, John Charles | Secretary | 2002-02-19 | 2008-01-22 |
| TIMMS, Clive | Secretary | 1993-09-01 | 1996-06-24 |
| WALL, Liam Anthony | Secretary | 1998-04-08 | 1998-12-16 |
| ALEXANDER, Alex Sandor, Sir | Director | — | 1992-08-31 |
| ALLEN, Thomas Boaz | Director | 1999-03-31 | 2002-03-31 |
| ARMSTRONG OF ILMINSTER, Robert Temple, Lord | Director | — | 1993-08-31 |
| BENSON, Christopher John, Sir | Director | — | 1992-08-31 |
| BERKELEY, Michael Fitzhardinge | Director | 1996-03-25 | 2002-08-30 |
| BIRKIN, John Derek, Sir | Director | 1993-09-01 | 1997-08-31 |
| BLACKSTONE, Tessa Ann Vosper, Baroness | Director | 2009-10-06 | 2014-07-07 |
| BLACKSTONE, Tessa Ann Vosper, Baroness | Director | — | 1997-05-12 |
| BUTLER, James, Sir | Director | 1994-01-01 | 1998-03-25 |
| CHICHESTER, June Marjike, The Countess | Director | 2001-09-20 | 2014-07-31 |
| CLEMENTI, David Cecil, Sir | Director | 2006-07-01 | 2014-07-31 |
| COMPAGNONI, Marco | Director | 2002-03-01 | 2007-12-31 |
| COOPER, Kirstine Ann | Director | 2016-10-04 | 2024-08-25 |
| CRUDDAS, Peter Andrew | Director | 2012-03-02 | 2016-07-31 |
| CZYZAK-DANNENBAUM, Peggy Scott | Director | 2006-07-01 | 2010-07-31 |
| DAVIES, Genevieve Rachel, Dr | Director | 2013-08-01 | 2021-09-01 |
| DAVIS, Peter John, Sir | Director | 1999-09-08 | 2005-08-31 |
| DUFFIELD, Vivien Louise, Dame | Director | 2014-10-17 | 2022-09-01 |
| DUFFIELD, Vivien Louise, Dame | Director | — | 2001-02-01 |
| EATWELL, John Leonard, Lord | Director | 1998-01-29 | 2006-01-31 |
| FORMAN, John Denis, Sir | Director | — | 1991-12-31 |
| FORSYTH, Andrew Hamish | Director | 2017-10-03 | 2018-12-11 |
| GASCOIGNE, Bamber | Director | — | 1995-12-31 |
| GAVRON OF HIGHGATE, Robert, Lord | Director | 1992-03-24 | 1998-01-21 |
| GREER, Bonnie | Director | 2002-03-01 | 2006-05-23 |
| GREY, Beryl | Director | 1999-09-08 | 2002-11-30 |
| GUMMER, Peter Selwyn, The Rt Hon The Lord Chadlington | Director | 1996-07-01 | 1997-12-04 |
| HEMMINGS, Peter William | Director | 1999-03-31 | 2002-01-04 |
| HEYWOOD, Suzanne Elizabeth, Lady | Director | 2012-03-02 | 2022-08-28 |
| HOYLE, Susan Linda | Director | 2017-08-28 | 2025-08-31 |
| HYTNER, Nicholas Robert, Sir | Director | 2008-10-07 | 2021-09-01 |
| ISAACS, Jeremy Israel | Director | — | 1997-08-31 |
| JACOMB, Martin Wakefield, Sir | Director | — | 1992-03-01 |
| KINGMAN, John | Director | 2014-02-04 | 2021-09-01 |
| KINGORI, Vanessa | Director | 2022-10-05 | 2024-03-21 |
| LEES, David Bryan, Sir | Director | 1998-02-25 | 2008-08-31 |
| LIPTON, Stuart Anthony, Sir | Director | 1998-02-25 | 2006-02-28 |
| LOMAX, John Kevin | Director | 2001-09-20 | 2005-01-25 |
| LOWE, Christopher John | Director | 1993-09-01 | 1997-08-31 |
| LOWE, Frank Budge, Sir | Director | 2002-03-01 | 2010-07-31 |
| LYNCH, Thomas Gerard | Director | 2001-09-30 | 2010-07-31 |
| MACGIBBON, Ross Arthur | Director | 1999-03-31 | 2002-03-31 |
| MACMILLAN, Deborah Millicent, Lady | Director | 1993-09-01 | 1994-12-04 |
| MADEN, Margaret, Professor | Director | 2002-03-01 | 2011-07-31 |
| MANDUELL, John, Sir | Director | — | 1995-08-31 |
| MAYHEW JONAS, Judith Charles, Dame | Director | 2003-03-01 | 2008-08-31 |
| MCMAHON, Christopher | Director | — | 1997-08-31 |
| METHERELL, Julian | Director | 2013-08-01 | 2022-08-28 |
| MIRZA, Dr Munira, Dr | Director | 2014-10-07 | 2019-12-10 |
| MORRELL, Paul Dring | Director | 2016-08-01 | 2024-08-25 |
| MUELLER, Rudolf Gottfried | Director | 1996-03-25 | 1998-01-14 |
| NEARS, Colin Gray | Director | 1995-04-24 | 1998-01-16 |
| NEWBIGGING, Carolyn | Director | 1997-02-27 | 2001-12-31 |
| PLASTOW, David Arnold Stuart, Sir | Director | 1992-01-01 | 1993-03-04 |
| PRETTEJOHN, Nicholas Edward Tucker | Director | 2005-07-01 | 2013-07-31 |
| RABBATTS, Heather Victoria, Dame | Director | 2009-01-20 | 2017-08-31 |
| ROBERTSON, Simon Manwaring, Sir | Director | 2002-03-01 | 2012-07-31 |
| ROBEY, Simon Christopher Townsend, Sir | Director | 2021-05-14 | 2022-08-28 |
| ROBEY, Simon Christopher Townsend, Sir | Director | 2006-07-01 | 2016-07-31 |
| RONSON, Gail, Dame | Director | 2001-09-20 | 2014-07-31 |
| ROSS, David Peter John | Director | 2020-09-01 | 2021-05-13 |
| RUBASINGHAM, Indhu | Director | 2020-09-01 | 2024-08-25 |
| RUDD, Roland Dacre | Director | 2011-02-02 | 2017-08-31 |
| SAINSBURY, Anya, Lady | Director | 2002-12-01 | 2007-07-10 |
| SAINSBURY, John Davan, Lord | Director | — | 1991-08-31 |
| SALZ, Anthony Michael Vaughan, Sir | Director | 2008-10-07 | 2016-07-31 |
| SOUTHGATE, Colin Grieve, Sir | Director | 1998-01-15 | 2003-07-31 |
| SPOONER, James Douglas, Sir | Director | — | 1997-12-31 |
| STIRLING, Angus Duncan Aeneas, Sir | Director | — | 1996-08-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 428 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-30 RESOLUTIONS Resolution
- 2025-10-30 MA Memorandum articles
- 2025-08-05 RESOLUTIONS Resolution
- 2025-07-31 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-27 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-27 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-30 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-30 | MA | incorporation | Memorandum articles | |
| 2025-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-05 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-31 | MA | incorporation | Memorandum articles | |
| 2025-05-30 | AA | accounts | Accounts with accounts type group | |
| 2025-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-02 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- 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 2024-08-25 vs 2023-08-27
-
Turnover
+2.3%
£101,174,000 £103,490,000
-
Cash
+52.3%
£51,589,000 £78,578,000
-
Net assets
+7%
£227,267,000 £243,077,000
-
Employees
+2.5%
1,069 1,096
-
Operating profit
-4.6%
-£50,817,000 -£53,172,000
-
Wages
+9.6%
£49,177,000 £53,885,000
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
Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.