SADLER'S WELLS TRUST LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-15 (in 2mo)
Last made up 2025-07-01
Watchouts
None on the register
Cash
£24M
+65.5% vs 2024
Net assets
£13M
+90.6% vs 2024
Employees
384
+18.2% vs 2024
Profit before tax
£5M
+249.6% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £31,935,000 | £26,971,000 | |
| Operating profit | — | — | |
| Profit before tax | £1,560,000 | £5,454,000 | |
| Net profit | £2,217,000 | £6,221,000 | |
| Cash | £14,276,000 | £23,620,000 | |
| Total assets less current liabilities | £11,238,000 | £17,194,000 | |
| Net assets | £6,870,000 | £13,091,000 | |
| Equity | £6,870,000 | £13,091,000 | |
| Average employees | 325 | 384 | |
| Wages | £8,849,000 | £10,395,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Net margin | 6.9% | 23.1% | |
| Current ratio | 1.78x | 2.07x |
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
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- SADLER'S WELLS TRUST LIMITED · parent
- Sadler's Wells Limited 100%
Significant events
- “This has been a landmark year in the history of Sadler's Wells. In the Spring, we opened Sadler's Wells East, a centre for creativity, learning and innovation in the heart of London's new cultural district as part of East Bank in Queen Elizabeth Olympic Park, Stratford.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
16 active · 68 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SPALDING, Alistair William | Secretary | 2004-11-24 | — | British |
| ALBONICO, Maria | Director | 2020-06-30 | Nov 1982 | British |
| BASDEN, Nicholas Bernard | Director | 2021-04-22 | Aug 1967 | British |
| BATTCOCK, Humphrey William | Director | 2017-09-27 | Sep 1955 | British |
| BETHELL, Melissa, Lady | Director | 2020-09-21 | Sep 1974 | British |
| CONNOR, Clare Jane | Director | 2022-09-28 | Feb 1970 | British |
| DEBBONAIRE, Thangam Elizabeth Rachel, Baroness | Director | 2025-02-17 | Aug 1966 | British |
| GRACE, Nicholas Andrew | Director | 2024-04-23 | Feb 1957 | British |
| HIGGINS, Nigel | Director | 2017-01-01 | Sep 1960 | British |
| KHAN, Suhair Fariha | Director | 2022-09-28 | Nov 1983 | American |
| MULHOLLAND, Paul Edward | Director | 2022-02-22 | Jul 1964 | British |
| NEWTON, Brenda | Director | 2022-02-22 | Apr 1967 | American |
| PATEL, Nina | Director | 2022-09-28 | Nov 1982 | British |
| PEEL, Yana Alexandra | Director | 2023-10-04 | Jun 1974 | Canadian |
| SLOTOVER, Matthew Jake | Director | 2020-09-21 | Dec 1968 | British |
| SMITH, Melanie Jane | Director | 2020-02-26 | Dec 1973 | British |
Show 68 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADAMSON, Jeffrey Peter | Secretary | 2004-07-22 | 2004-11-24 |
| ADAMSON, Jeffrey Peter | Secretary | 2004-03-30 | 2004-04-15 |
| ALBERY, Ian Bronson | Secretary | 1994-03-04 | 2002-09-30 |
| CHOPLIN, Jean Luc | Secretary | 2002-09-30 | 2004-03-17 |
| REMINGTON, James Stephen Steel | Secretary | — | 1994-03-04 |
| AIREY, Frances Mary | Director | 2000-06-01 | 2002-12-31 |
| AMIRTHARAJAH, Christopher Aravinda | Director | 2003-04-24 | 2006-01-25 |
| BELL, David Charles Maurice, Sir | Director | 2005-07-27 | 2017-01-01 |
| BENNETTS, Robert John | Director | 2006-02-22 | 2015-02-22 |
| BETHELL, James Nicholas, Lord | Director | 2019-04-30 | 2020-06-30 |
| BURNS, Julian Delisle | Director | 2014-10-29 | 2017-09-27 |
| BURNS, Lounica Maureen Patricia | Director | 2000-07-21 | 2006-07-21 |
| BUTCHER, Sue | Director | 2011-07-20 | 2023-06-23 |
| BUTLER, Christopher David | Director | — | 1995-12-20 |
| CLARK, Keith | Director | 1993-08-27 | 1995-09-06 |
| COMPAGNONI, Marco | Director | 2009-10-21 | 2016-06-28 |
| COOPER, Matthew Jonathan | Director | 2001-06-19 | 2007-05-30 |
| CROOK, Kathleen Ann | Director | 2015-07-21 | 2017-06-28 |
| CULLINGTON, Paul | Director | 1999-09-17 | 2005-09-17 |
| CURLING, David Richard Michael | Director | — | 1991-09-03 |
| DAVISON, Ian Frederic Hay | Director | 2002-10-16 | 2004-03-18 |
| DRUMMOND, John | Director | 1999-07-16 | 2000-07-17 |
| EVANS, Sarah Elizabeth | Director | 2018-02-21 | 2022-07-06 |
| FLEURY, Joachim | Director | 2004-10-20 | 2013-09-26 |
| GIGLIO, Gabriella | Director | 2007-02-28 | 2008-02-05 |
| GLICK, Robert Alan | Director | 2010-09-22 | 2019-09-30 |
| GOLANT, Farah Ramzan | Director | 2017-11-29 | 2021-11-23 |
| HARRISON, Desmond Roger Wingate | Director | — | 1994-01-01 |
| HERBERT, Terence John | Director | — | 1995-07-07 |
| JENTLE, Ian Francis | Director | 1998-07-02 | 2004-10-27 |
| JONES, Philip Charles | Director | 1995-11-10 | 1999-05-16 |
| KINGSMILL, Denise Patricia Byrne | Director | 2003-10-15 | 2004-04-08 |
| LAKE, Carol Ann | Director | 2012-01-25 | 2017-11-29 |
| LAN, David Mark | Director | 2017-11-29 | 2023-12-06 |
| LLOYD, Theresa Sybil Margaret, Lady | Director | 1995-11-10 | 2000-01-21 |
| MACAUSLAN, Harry Hume | Director | 2009-10-21 | 2015-10-28 |
| MACAUSLAN, Harry Hume | Director | 2002-10-20 | 2008-10-20 |
| MACAUSLAN, Harry Hume | Director | 1995-10-19 | 2001-10-19 |
| MANNERS, Gerald, Professor | Director | — | 1995-07-07 |
| MARLOW, Tim | Director | 2014-06-04 | 2020-06-30 |
| MARTIN, Richard Francis Hooper | Director | — | 1991-07-01 |
| MCINTOSH, Genista Mary | Director | 1997-12-17 | 2000-01-21 |
| MCMULLAN, Anthea Emma Jane | Director | 2005-02-22 | 2008-02-27 |
| MORRIS, Hugh Fenton | Director | 1994-12-02 | 2003-12-02 |
| MORRISSEY, Patrick John | Director | 1995-10-19 | 1997-08-05 |
| PARSONS, Richard, Sir | Director | 1991-11-08 | 1994-03-04 |
| PAULEY, Robin | Director | 2006-06-28 | 2013-06-26 |
| PHILLIPS, Arlene, Dame | Director | 2009-10-21 | 2011-06-13 |
| RANGER, James Osborn | Director | — | 1995-07-07 |
| REDDISH, Graham John | Director | 1997-09-25 | 1999-06-17 |
| REDMAN BROWN, Jean | Director | — | 1992-08-28 |
| RIPERT, David Clement | Director | 2016-11-23 | 2022-11-23 |
| ROWLAND, Diana Louise, Lady | Director | 1997-02-21 | 2000-10-20 |
| SAMUELS, Ivor | Director | 1991-10-25 | 1995-07-07 |
| SARIN, Tony Deepak | Director | 2007-02-28 | 2010-09-22 |
| SAUNDERS, Robin Elizabeth | Director | 2011-09-20 | 2017-09-27 |
| SEMPLE, Margaret Olivia | Director | 1998-04-02 | 2005-02-22 |
| SHAW, Douglas Stewart | Director | 1992-10-16 | 1994-09-09 |
| SMITH, Of Finsbury Pc, The Rt Hon Lord | Director | — | 1992-08-28 |
| SMYTHE, John | Director | 1991-10-25 | 1992-10-21 |
| SOLTI, Anne Valerie, Lady | Director | 2004-04-27 | 2010-04-27 |
| SOLTI, Anne Valerie, Lady | Director | 1997-06-20 | 2003-06-20 |
| SOLTI, Anne Valerie, Lady | Director | 1993-12-10 | 1995-07-07 |
| SPEAK, Andrew Aitchison | Director | 1996-10-10 | 1997-12-17 |
| ULRICH, Sandra Warren | Director | 2007-06-27 | 2016-06-28 |
| VISWANATHAN, Sanoke | Director | 2014-10-29 | 2020-09-21 |
| WHITE, Sharon Michele, Dame | Director | 2017-11-29 | 2022-11-23 |
| WOOLLEY, Michael John | Director | 1993-08-27 | 1996-09-13 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 293 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | AA | accounts | Accounts with accounts type group | |
| 2025-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-07 | CH01 | officers | Change person director company with change date | |
| 2025-07-07 | CH01 | officers | Change person director company with change date | |
| 2025-03-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-26 | CH01 | officers | Change person director company with change date | |
| 2025-01-03 | AA | accounts | Accounts with accounts type group | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-18 | AA | accounts | Accounts with accounts type group | |
| 2023-12-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-17 | AA | accounts | Accounts with accounts type group | |
| 2022-12-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-11 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-06 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-15.5%
£31,935,000 £26,971,000
-
Cash
+65.5%
£14,276,000 £23,620,000
-
Net assets
+90.6%
£6,870,000 £13,091,000
-
Employees
+18.2%
325 384
-
Profit before tax
+249.6%
£1,560,000 £5,454,000
-
Wages
+17.5%
£8,849,000 £10,395,000
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