PHILHARMONIA LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. PHILHARMONIA LIMITED 1980-12-31 → present
2. NEW PHILHARMONIA ORCHESTRA LIMITED 1964-04-02 → 1980-12-31

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees have assessed the appropriateness of preparing the financial statements on a going concern basis, taking into account the Orchestra's financial position, forecasts and principal risks over a period of at least twelve months from the date of approval of these financial statements. The auditors concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate and they have not identified any material uncertainties.”

Group structure

1. PHILHARMONIA LIMITED · parent
   1. Rite Digital Limited 100% · Digital and techological income and expenditure
   2. The Martin Musical Scholarship Fund 100% · Supports young musicians
   3. Philharmonia Trust Limited 100% · Was dormant during the year

Significant events

• “2024/25 has been a year of rich creativity, renewed momentum, and preparation for the Philharmonia's 80th anniversary in 2025.”
• “Our autumn series, Nordic Soundscapes: Music Crafted from Nature, explored the connection between music, the natural world, and the climate crisis.”
• “International touring across Europe and to Japan, while laying the groundwork for major engagements in the United States, South Korea and Mauritius in 2025/26.”
• “Riccardo Muti made a long-awaited return to conduct Verdi's Requiem - the Orchestra's highest-grossing concert on record.”
• “Herbert Blomstedt conducted Mahler to a packed Royal Festival Hall, producing what the Guardian described as "...the collective performance of a lifetime."”
• “Marin Alsop's Multitudes concert, pairing a programme of Bernstein's Chichester Psalms with Shostakovich No. 10 set to William Kentridge's animated film 'Oh to Believe in Another World'.”
• “Nemanja Radulović stepped into the post of Featured Artist, captivating audiences with his virtuosity across several projects.”
• “The orchestra ended the season with a sold-out performance of Rachmaninov Piano Concerto No.3 with pianist Nikolai Lugansky.”
• “The season saw the return of the Virtual Orchestra with the launch of the Sibelius VR experience.”
• “The Instrumental Fellowship appointed 11 new Fellows for 2025/26 from a field of 160 applicants.”
• “Hear & Now marked its 15th anniversary with a major celebration at Battersea Arts Centre.”
• “Sir Howard Davies succeeded Lord King as Chair, following Lord King's retirement after five years in the role.”
• “James Buckle succeeded Cheremie Hamilton-Miller as President in March 2025, following her retirement.”
• “Alexander Rolton and Soong Choo were appointed as Joint Vice Presidents, both serving as player members of the Board.”
• “The year to 31 August 2025 saw a consolidated net surplus of £541,452.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

17

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +14%

  £5,278,274 → £6,017,782

• Cash

  +143.7%

  £633,026 → £1,542,884

• Net assets

  +6.6%

  £8,256,384 → £8,797,836

• Employees

  0%

  40 → 40

• Wages

  +10.9%

  £1,653,347 → £1,834,306

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