THE ROYAL COLLECTION TRUST
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-04-14 (in 11mo)
Last made up 2026-03-31
Watchouts
Cash
£12M
+215.2% vs 2024
Net assets
£59M
+35% vs 2024
Employees
1,064
+15.3% vs 2024
Profit before tax
£14M
+14.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- THE ROYAL COLLECTION TRUST 1993-02-01 → present
- CHARIS (30) LIMITED 1992-05-11 → 1993-02-01
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 | £83,706,000 | £86,112,000 | |
| Operating profit | £12,911,000 | £13,696,000 | |
| Profit before tax | £12,232,000 | £13,956,000 | |
| Net profit | £12,232,000 | £13,956,000 | |
| Cash | £3,696,000 | £11,650,000 | |
| Total assets less current liabilities | £41,046,000 | £54,870,000 | |
| Net assets | £43,446,000 | £58,670,000 | |
| Equity | £43,446,000 | £58,670,000 | |
| Average employees | 923 | 1,064 | |
| Wages | £19,713,000 | £22,993,000 |
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 |
|---|---|---|---|
| Operating margin | 15.4% | 15.9% | |
| Net margin | 14.6% | 16.2% | |
| Return on capital employed | 31.5% | 25.0% | |
| Current ratio | 1.31x | 2.27x | |
| Interest cover | 12.76x | 39.47x |
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
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of the projections prepared, The Trustees have concluded that the Group and Charity will be able to meet their liabilities as they fall due and therefore continue as a going concern for a period of at least 12 months from the approval of these financial statements.”
Group structure
- THE ROYAL COLLECTION TRUST · parent
- Royal Collection Enterprises Limited 100%
Significant events
- “In 2024/25, Royal Collection Trust welcomed 2.9 million visitors to the official residences and The King's Galleries.”
- “Buckingham Palace Summer Opening... achieved its highest visitor numbers on record.”
- “Royal Archives Online launched in March 2025, following the successful transformation of Georgian Papers Online.”
- “During the year, an insurance settlement was received in respect of snuff boxes stolen whilst on loan to the Musée Cognacq-Jay. The settlement has been placed into a designated fund to be used for the enhancement of the Collection.”
- “The drawn borrowings at 1 April 2024 of £7.5 million were fully repaid during the year. The Charity has retained a £15 million revolving credit facility which can be drawn if required.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALDERTON, Clive, The Rt. Hon. Sir | Director | 2022-12-01 | May 1967 | British |
| BACON, Nicholas, Sir | Director | 2024-03-01 | May 1953 | British |
| BENYON, Richard, The Right Honourable The Lord | Director | 2024-11-01 | Oct 1960 | British |
| BOLLAND, Marc Jan | Director | 2017-04-01 | Mar 1959 | Dutch |
| CHALMERS, James William Pender | Director | 2025-01-01 | Jul 1964 | British |
| IVORY, Brian, Sir | Director | 2021-01-01 | Apr 1949 | British |
| JOHNSTONE-BURT, Charles Anthony, Vice Admiral | Director | 2017-10-18 | Feb 1958 | British |
| KEAY, Anna Julia, Dr | Director | 2018-04-01 | Aug 1974 | British |
| LAMBERT, James Nicholas | Director | 2026-04-01 | Apr 1957 | British |
| NELSON, Tonya Lynn, Dr | Director | 2022-04-01 | Nov 1973 | American |
| SHAH, Monisha Amrit | Director | 2022-04-01 | Sep 1969 | British |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DE BELLAIGUE, Geoffrey, Sir | Secretary | 1993-01-29 | 1996-03-11 |
| FOSTER, Robert Edward | Secretary | 1992-05-11 | 1993-01-29 |
| ROBERTS, Hugh Ashley, Sir | Secretary | 1996-03-12 | 2008-11-11 |
| ANDERSON, William Eric Kinloch, Sir | Director | 2000-03-13 | 2006-03-15 |
| BLEWITT, Shane Gabriel, Major Sir | Director | 1993-01-29 | 1996-07-31 |
| CAMOYS, Ralph Thomas Campion George Sherman, The Right Honourable | Director | 1998-01-01 | 2000-05-31 |
| CAVENDISH DOWAGER DUCHESS OF DEVONSHIRE, Deborah Vivien, Dcvo | Director | 1993-04-27 | 1999-03-22 |
| FELLOWES, Robert, The Rt Hon Sir | Director | 1993-01-29 | 1999-02-05 |
| FOSTER, Robert Edward | Director | 1992-05-11 | 1993-01-29 |
| GEIDT, Christopher Edward Wollaston Mackenzie, The Rt Hon. | Director | 2007-12-14 | 2017-10-17 |
| GUINNESS, John Ralph Sidney, Sir | Director | 2001-06-08 | 2007-06-07 |
| HENNESSY, David, The Right Honourable The Lord Windlesham | Director | 1993-04-27 | 2000-03-13 |
| HILL, Judith Lynne | Director | 1992-05-11 | 1993-01-29 |
| JANVRIN, Robin Berry, Sir | Director | 1999-02-05 | 2007-12-14 |
| JERVIS, Simon Swynfen | Director | 1993-03-25 | 2001-03-20 |
| LEIGH-PEMBERTON, James Henry, Sir | Director | 2016-04-01 | 2025-03-31 |
| MARTEN, Mary Anna Sibell Elizabeth, The Honourable Mrs | Director | 1999-03-22 | 2005-03-17 |
| MONTAGU DOUGLAS SCOTT, Richard Walter John, Duke Of Buccleuch And Queensberry | Director | 2011-03-31 | 2020-12-31 |
| OGILVY, THE EARL OF AIRLIE, David George Patrick Coke, The Rt Hon The Earl Of Airlie | Director | 1993-01-29 | 1997-12-31 |
| PARKER, Andrew David, Lord | Director | 2021-04-01 | 2024-10-31 |
| PEAT, Michael, Sir | Director | 1996-08-01 | 2002-07-25 |
| PEEL, William James Robert, The Right Honourable The Earl | Director | 2006-10-16 | 2021-03-31 |
| REID, Philip Alan, Sir | Director | 2002-07-25 | 2018-01-01 |
| ROBINSON, Duncan | Director | 2006-03-15 | 2012-03-14 |
| SAVILL, Rosalind Joy, Dame | Director | 2012-03-14 | 2018-04-01 |
| SHAW STEWART, Lucinda Victoria, Lady | Director | 2005-03-17 | 2011-03-31 |
| STEVENS KCVO, Michael John, Sir | Director | 2018-01-01 | 2024-12-31 |
| THE LORD LUCE GCVO, Richard, The Rt Hon | Director | 2000-10-01 | 2006-10-12 |
| THE PRINCE OF WALES, Charles, Hrh | Director | 1993-01-29 | 2021-03-10 |
| THORNE, James | Director | 1992-05-11 | 1993-01-29 |
| TROUGHTON, Peter John Charles | Director | 2007-03-22 | 2016-04-01 |
| YOUNG, Edward, The Right Honourable | Director | 2017-10-17 | 2022-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr James Chalmers | Individual | Significant influence | 2025-01-01 | Active |
| The Right Honourable The Lord Richard Benyon | Individual | Significant influence | 2024-11-01 | Active |
| Vice Admiral Sir Charles Anthony Johnstone-Burt | Individual | Significant influence | 2023-03-23 | Active |
| The Rt. Hon. Sir Clive Alderton | Individual | Significant influence | 2022-12-01 | Active |
| Lord Andrew David Parker | Individual | Voting 25–50% | 2021-04-01 | Ceased 2024-10-31 |
| Sir Michael John Stevens | Individual | Voting 25–50% | 2018-01-01 | Ceased 2024-12-31 |
| The Right Honourable Edward Young | Individual | Voting 25–50% | 2017-10-17 | Ceased 2022-12-01 |
| The Right Honourable Earl William James Robert Peel | Individual | Voting 25–50% | 2016-04-06 | Ceased 2021-03-31 |
| Sir Philip Alan Reid | Individual | Voting 25–50% | 2016-04-06 | Ceased 2018-01-01 |
| The Right Honourable Sir Christopher Edward Wollaston Mackenzie Giedt | Individual | Voting 25–50% | 2016-04-06 | Ceased 2017-10-17 |
| The Sovereign | Legal person | Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 180 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-12 | AA | accounts | Accounts with accounts type group | |
| 2025-05-27 | CH01 | officers | Change person director company with change date | |
| 2025-05-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-26 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-14 | CH01 | officers | Change person director company with change date | |
| 2025-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-11-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-23 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-06 | AA | accounts | Accounts with accounts type group | |
| 2024-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-12 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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
+2.9%
£83,706,000 £86,112,000
-
Cash
+215.2%
£3,696,000 £11,650,000
-
Net assets
+35%
£43,446,000 £58,670,000
-
Employees
+15.3%
923 1,064
-
Operating profit
+6.1%
£12,911,000 £13,696,000
-
Profit before tax
+14.1%
£12,232,000 £13,956,000
-
Wages
+16.6%
£19,713,000 £22,993,000
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