ACADEMY MUSIC GROUP LIMITED

1. ACADEMY MUSIC GROUP LIMITED 2004-09-14 → present
2. THE MCKENZIE GROUP LIMITED 1997-12-19 → 2004-09-14
3. FINLAW ONE HUNDRED AND ELEVEN LIMITED 1997-11-11 → 1997-12-19

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

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As described in the Strategic Report, there remain ongoing investigations due to the incident at the O2 Academy Brixton, a venue operated by the company. We do not expect any outflows, other than legal costs, in relation to the incident during the going concern assessment period. With this considered, the company cashflow projects, including plausible downside scenarios modelled, that the group will continue in a favourable liquidity position and have sufficient resources to meet its liabilities as they fall due for the duration of the going concern assessment period.”

Group structure

1. ACADEMY MUSIC GROUP LIMITED · parent
   1. Tecjet Limited 77.5% · Dormant
   2. ABC3 Limited 100% · Dormant

Significant events

• “On 15 December 2022 there was an incident at one of the company's venues, the O2 Academy Brixton, which sadly resulted in serious injuries including two fatalities. The venue was closed but following a review of the Premises Licence on 15 September 2023, Lambeth Council granted a licence variation for the O2 Academy Brixton, subject to a number of conditions. The venue re-opened on 19 April 2024.”
• “In September 2023, during a structural survey of the O2 Academy Sheffield, it was reported that the roof construction across the whole venue predominantly included suspected Reinforced Autoclaved Aerated Concrete (RAAC) roof planks. The venue remained closed during 2024 for repair or replacement of the roof and is expected to open in 2026.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +13.9%

  £61,310,819 → £69,805,536

• Cash

  +76.4%

  £18,896,066 → £33,329,793

• Net assets

  +16%

  £44,264,080 → £51,327,432

• Employees

  +12%

  418 → 468

• Operating profit

  +35.1%

  £5,362,656 → £7,243,205

• Profit before tax

  +26.1%

  £7,098,017 → £8,952,448

• Wages

  +19.2%

  £13,946,638 → £16,627,918

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