the royal academy of arts Company Information
Company Number
06298947
Next Accounts
May 2026
Shareholders
-
Group Structure
View All
Industry
Museum activities
Registered Address
burlington house piccadilly, london, W1J 0BD
Website
http://royalacademy.org.ukthe royal academy of arts Estimated Valuation
Pomanda estimates the enterprise value of THE ROYAL ACADEMY OF ARTS at £59.1m based on a Turnover of £38.1m and 1.55x industry multiple (adjusted for size and gross margin).
the royal academy of arts Estimated Valuation
Pomanda estimates the enterprise value of THE ROYAL ACADEMY OF ARTS at £0 based on an EBITDA of £-4.4m and a 11.36x industry multiple (adjusted for size and gross margin).
the royal academy of arts Estimated Valuation
Pomanda estimates the enterprise value of THE ROYAL ACADEMY OF ARTS at £199.2m based on Net Assets of £109.6m and 1.82x industry multiple (adjusted for liquidity).
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The Royal Academy Of Arts Overview
The Royal Academy Of Arts is a live company located in london, W1J 0BD with a Companies House number of 06298947. It operates in the museums activities sector, SIC Code 91020. Founded in July 2007, it's largest shareholder is unknown. The Royal Academy Of Arts is a established, large sized company, Pomanda has estimated its turnover at £38.1m with low growth in recent years.
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The Royal Academy Of Arts Health Check
Pomanda's financial health check has awarded The Royal Academy Of Arts a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs


5 Strong

1 Regular

6 Weak

Size
annual sales of £38.1m, make it larger than the average company (£320.1k)
£38.1m - The Royal Academy Of Arts
£320.1k - Industry AVG

Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (12%)
1% - The Royal Academy Of Arts
12% - Industry AVG

Production
with a gross margin of 60.8%, this company has a comparable cost of product (60.8%)
60.8% - The Royal Academy Of Arts
60.8% - Industry AVG

Profitability
an operating margin of -20.2% make it less profitable than the average company (15.6%)
-20.2% - The Royal Academy Of Arts
15.6% - Industry AVG

Employees
with 301 employees, this is above the industry average (11)
301 - The Royal Academy Of Arts
11 - Industry AVG

Pay Structure
on an average salary of £66.7k, the company has a higher pay structure (£20.3k)
£66.7k - The Royal Academy Of Arts
£20.3k - Industry AVG

Efficiency
resulting in sales per employee of £126.6k, this is more efficient (£55k)
£126.6k - The Royal Academy Of Arts
£55k - Industry AVG

Debtor Days
it gets paid by customers after 12 days, this is later than average (7 days)
12 days - The Royal Academy Of Arts
7 days - Industry AVG

Creditor Days
its suppliers are paid after 34 days, this is slower than average (18 days)
34 days - The Royal Academy Of Arts
18 days - Industry AVG

Stock Days
it holds stock equivalent to 26 days, this is less than average (85 days)
26 days - The Royal Academy Of Arts
85 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 42 weeks, this is less cash available to meet short term requirements (227 weeks)
42 weeks - The Royal Academy Of Arts
227 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 12.6%, this is a higher level of debt than the average (4.5%)
12.6% - The Royal Academy Of Arts
4.5% - Industry AVG
THE ROYAL ACADEMY OF ARTS financials

The Royal Academy Of Arts's latest turnover from August 2024 is £38.1 million and the company has net assets of £109.6 million. According to their latest financial statements, The Royal Academy Of Arts has 301 employees and maintains cash reserves of £4.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 38,106,000 | 43,830,000 | 43,419,000 | 36,728,751 | 45,251,508 | 44,870,360 | 48,841,159 | 49,716,124 | 58,382,491 | 39,626,371 | 33,146,825 | 36,281,856 | 39,437,409 | 26,660,080 | 31,852,798 | |
Other Income Or Grants | ||||||||||||||||
Cost Of Sales | ||||||||||||||||
Gross Profit | ||||||||||||||||
Admin Expenses | ||||||||||||||||
Operating Profit | ||||||||||||||||
Interest Payable | 442,410 | 467,824 | 451,731 | 245,605 | 28,916 | 40,533 | 42,233 | |||||||||
Interest Receivable | ||||||||||||||||
Pre-Tax Profit | -8,265,000 | 7,122,000 | 10,071,000 | 6,057,422 | 7,493,342 | 2,964,715 | 6,644,157 | 10,340,993 | 21,183,978 | 6,264,842 | 4,446,638 | 7,670,588 | 12,244,985 | 2,848,810 | 6,495,231 | |
Tax | ||||||||||||||||
Profit After Tax | -8,265,000 | 7,122,000 | 10,071,000 | 6,057,422 | 7,493,342 | 2,964,715 | 6,644,157 | 10,340,993 | 21,183,978 | 6,264,842 | 4,446,638 | 7,670,588 | 12,244,985 | 2,848,810 | 6,495,231 | |
Dividends Paid | ||||||||||||||||
Retained Profit | -8,265,000 | 7,122,000 | 10,071,000 | 6,057,422 | 7,493,342 | 2,964,715 | 6,644,157 | 10,340,993 | 21,183,978 | 6,264,842 | 4,446,638 | 7,670,588 | 12,244,985 | 2,848,810 | 6,495,231 | |
Employee Costs | 20,086,000 | 12,299,000 | 12,439,000 | 14,520,268 | 16,082,896 | 16,022,323 | 15,831,722 | 14,945,586 | 14,791,785 | 12,283,212 | 10,925,183 | 10,374,869 | 9,817,798 | 9,377,604 | 9,313,916 | |
Number Of Employees | 301 | 287 | 269 | 284 | 345 | 371 | 373 | 338 | 329 | 252 | 252 | 256 | 261 | 256 | 255 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 110,631,000 | 102,085,000 | 96,735,000 | 29,753,888 | 32,690,298 | 99,578,663 | 64,761,048 | 86,290,300 | 57,368,901 | 39,396,097 | 33,646,240 | 29,651,384 | 21,086,879 | 18,179,755 | 16,600,025 | |
Intangible Assets | 207,000 | 170,000 | 94,000 | 312,437 | 630,765 | 957,903 | 36,815,431 | 422,643 | 138,714 | 372,568 | ||||||
Investments & Other | 4,254,000 | 9,141,000 | 9,341,000 | 78,353,062 | 72,675,139 | 5,798,000 | 5,948,000 | 3,009,000 | 35,657 | 1,783,151 | 1,779,154 | 506,000 | ||||
Debtors (Due After 1 year) | ||||||||||||||||
Total Fixed Assets | 115,092,000 | 111,396,000 | 106,170,000 | 108,419,387 | 105,996,202 | 106,334,566 | 107,524,479 | 89,721,943 | 57,543,272 | 41,551,816 | 35,425,394 | 29,651,384 | 21,086,879 | 18,685,755 | 16,600,025 | |
Stock & work in progress | 1,081,000 | 1,055,000 | 962,000 | 916,916 | 1,078,815 | 1,012,499 | 1,322,667 | 998,545 | 1,140,575 | 1,749,850 | 499,116 | 316,500 | 311,048 | 207,271 | 247,206 | |
Trade Debtors | 1,356,000 | 979,000 | 1,344,000 | 434,597 | 713,874 | 1,432,251 | 1,402,492 | 2,077,744 | 1,253,207 | 791,463 | 606,537 | 1,039,671 | 1,084,428 | 1,341,432 | 1,237,820 | |
Group Debtors | 19,000 | 2,000 | 407,388 | 307,330 | 103,593 | 392,838 | 441,457 | |||||||||
Misc Debtors | 3,062,000 | 3,381,000 | 2,964,000 | 2,023,749 | 2,708,326 | 2,576,861 | 3,424,218 | 4,219,800 | 3,528,850 | 2,409,497 | 1,471,281 | 1,649,367 | 1,508,784 | 1,547,877 | 1,495,387 | |
Cash | 4,707,000 | 18,049,000 | 17,518,000 | 13,040,769 | 7,978,608 | 3,169,490 | 1,339,497 | 8,546,504 | 20,959,483 | 16,370,948 | 6,467,130 | 8,825,847 | 10,831,264 | 2,165,744 | 3,587,706 | |
misc current assets | ||||||||||||||||
total current assets | 10,225,000 | 23,466,000 | 22,788,000 | 16,823,419 | 12,786,953 | 8,191,101 | 7,488,874 | 15,842,593 | 26,882,115 | 21,321,758 | 9,044,064 | 11,831,385 | 13,839,117 | 5,655,162 | 7,009,576 | |
total assets | 125,317,000 | 134,862,000 | 128,958,000 | 125,242,806 | 118,783,155 | 114,525,667 | 115,013,353 | 105,564,536 | 84,425,387 | 62,873,574 | 44,469,458 | 41,482,769 | 34,925,996 | 24,340,917 | 23,609,601 | |
Bank overdraft | ||||||||||||||||
Bank loan | 163,000 | 220,000 | 220,000 | 219,600 | 219,600 | 219,600 | 219,600 | 219,600 | 219,600 | 228,744 | 228,744 | 228,744 | 228,744 | 228,744 | 228,744 | |
Trade Creditors | 1,427,000 | 873,000 | 730,000 | 1,040,343 | 691,437 | 1,526,027 | 1,468,320 | 2,517,912 | 2,360,126 | 1,256,474 | 1,192,473 | 1,288,464 | 1,736,921 | 1,485,931 | 1,333,874 | |
Group/Directors Accounts | 127,000 | 193,000 | 246,000 | 81,635 | 383,653 | 289,504 | 433,658 | 369,049 | 459,069 | 170,433 | 270,819 | 202,297 | 350,690 | 52,887 | ||
other short term finances | 3,700,000 | 3,700,000 | 4,000,000 | 5,000,000 | 5,000,000 | |||||||||||
hp & lease commitments | 12,979 | 22,248 | 22,248 | |||||||||||||
other current liabilities | 4,023,000 | 4,823,000 | 3,876,000 | 4,110,041 | 5,977,138 | 7,136,308 | 8,445,850 | 9,046,503 | 5,732,704 | 5,759,346 | 3,205,137 | 3,333,548 | 2,753,014 | 2,576,773 | 4,859,382 | |
total current liabilities | 5,740,000 | 6,109,000 | 5,072,000 | 9,151,619 | 10,588,175 | 13,265,588 | 15,423,274 | 17,217,673 | 8,681,479 | 7,716,612 | 4,819,035 | 5,143,823 | 4,920,976 | 4,642,138 | 6,474,887 | |
loans | 10,000,000 | 10,163,000 | 10,383,000 | 10,602,323 | 10,821,923 | 11,041,523 | 11,261,123 | 11,480,723 | 11,700,323 | 11,910,779 | 2,134,951 | 2,363,696 | 2,592,441 | 2,821,185 | 3,049,930 | |
hp & lease commitments | 14,835 | 37,083 | ||||||||||||||
Accruals and Deferred Income | ||||||||||||||||
other liabilities | 1,333,334 | 2,000,000 | ||||||||||||||
provisions | ||||||||||||||||
total long term liabilities | 10,000,000 | 10,163,000 | 10,383,000 | 10,602,323 | 10,821,923 | 12,374,857 | 13,261,123 | 11,480,723 | 15,222,323 | 12,338,779 | 2,149,786 | 2,918,779 | 4,305,441 | 2,821,185 | 6,444,930 | |
total liabilities | 15,740,000 | 16,272,000 | 15,455,000 | 19,753,942 | 21,410,098 | 25,640,445 | 28,684,397 | 28,698,396 | 23,903,802 | 20,055,391 | 6,968,821 | 8,062,602 | 9,226,417 | 7,463,323 | 12,919,817 | |
net assets | 109,577,000 | 118,590,000 | 113,503,000 | 105,488,864 | 97,373,057 | 88,885,222 | 86,328,956 | 76,866,140 | 60,521,585 | 42,818,183 | 37,500,637 | 33,420,167 | 25,699,579 | 16,877,594 | 10,689,784 | |
total shareholders funds | 109,577,000 | 118,590,000 | 113,503,000 | 105,488,864 | 97,373,057 | 88,885,222 | 86,328,956 | 76,866,140 | 60,521,585 | 42,818,183 | 37,500,637 | 33,420,167 | 25,699,579 | 16,877,594 | 10,689,784 |
Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||
Operating Profit | ||||||||||||||||
Depreciation | 3,270,000 | 3,166,000 | 3,423,000 | 3,482,493 | 3,547,060 | 3,759,374 | 3,759,374 | 2,460,414 | 2,152,021 | 1,685,077 | 1,412,895 | 868,424 | 358,782 | 408,718 | 362,910 | |
Amortisation | 81,000 | 88,000 | 219,000 | 417,980 | 578,326 | 443,927 | 233,236 | 136,246 | 233,854 | 165,925 | ||||||
Tax | ||||||||||||||||
Stock | 26,000 | 93,000 | 45,084 | -161,899 | 66,316 | -310,168 | 324,122 | -142,030 | -609,275 | 1,250,734 | 182,616 | 5,452 | 103,777 | -39,935 | 247,206 | |
Debtors | 75,000 | 54,000 | 1,442,266 | -863,796 | -279,582 | -817,598 | -1,470,834 | 1,515,487 | 1,581,097 | 1,123,142 | -611,220 | -7,767 | -585,342 | 107,483 | 3,174,664 | |
Creditors | 554,000 | 143,000 | -310,343 | 348,906 | -834,590 | 57,707 | -1,049,592 | 157,786 | 1,103,652 | 64,001 | -95,991 | -448,457 | 250,990 | 152,057 | 1,333,874 | |
Accruals and Deferred Income | -800,000 | 947,000 | -234,041 | -1,867,097 | -1,159,170 | -1,309,542 | -600,653 | 3,313,799 | -26,642 | 2,554,209 | -128,411 | 580,534 | 176,241 | -2,282,609 | 4,859,382 | |
Deferred Taxes & Provisions | ||||||||||||||||
Cash flow from operations | ||||||||||||||||
Investing Activities | ||||||||||||||||
capital expenditure | -18,653,314 | -31,440,188 | -18,434,635 | -8,009,869 | -7,008,073 | -9,432,929 | -3,325,237 | -1,988,449 | -921,472 | |||||||
Change in Investments | -4,887,000 | -200,000 | -69,012,062 | 5,677,923 | 66,877,139 | -150,000 | 2,939,000 | 2,973,343 | -1,747,494 | 3,997 | 1,779,154 | -506,000 | 506,000 | |||
cash flow from investments | 4,887,000 | 200,000 | 69,012,062 | -5,677,923 | -66,877,139 | 150,000 | -21,592,314 | -34,413,531 | -16,687,141 | -8,013,866 | -8,787,227 | -9,432,929 | -2,819,237 | -2,494,449 | -921,472 | |
Financing Activities | ||||||||||||||||
Bank loans | -57,000 | 400 | -9,144 | 228,744 | ||||||||||||
Group/Directors Accounts | -66,000 | -53,000 | 164,365 | 81,635 | -383,653 | 94,149 | -144,154 | 64,609 | -90,020 | 288,636 | -100,386 | 68,522 | -148,393 | 297,803 | 52,887 | |
Other Short Term Loans | -3,700,000 | -300,000 | -1,000,000 | 5,000,000 | ||||||||||||
Long term loans | -163,000 | -220,000 | -219,323 | -219,600 | -219,600 | -219,600 | -219,600 | -219,600 | -210,456 | 9,775,828 | -228,745 | -228,745 | -228,744 | -228,745 | 3,049,930 | |
Hire Purchase and Lease Commitments | -12,979 | -24,104 | -22,248 | 59,331 | ||||||||||||
other long term liabilities | -1,333,334 | -666,666 | 2,000,000 | |||||||||||||
share issue | ||||||||||||||||
interest | -442,410 | -467,824 | -451,731 | -245,605 | -28,916 | -40,533 | -42,233 | |||||||||
cash flow from financing | -1,034,000 | -2,308,000 | -5,811,422 | 1,920,420 | -1,242,094 | -2,200,566 | 4,012,495 | 10,380,747 | -4,254,906 | 8,847,459 | -746,463 | -3,800,137 | 3,367,525 | 7,483,881 | ||
cash and cash equivalents | ||||||||||||||||
cash | -13,342,000 | 531,000 | 4,477,231 | 5,062,161 | 4,809,118 | 1,829,993 | -7,207,007 | -12,412,979 | 4,588,535 | 9,903,818 | -2,358,717 | -2,005,417 | 8,665,520 | -1,421,962 | 3,587,706 | |
overdraft | ||||||||||||||||
change in cash | -13,342,000 | 531,000 | 4,477,231 | 5,062,161 | 4,809,118 | 1,829,993 | -7,207,007 | -12,412,979 | 4,588,535 | 9,903,818 | -2,358,717 | -2,005,417 | 8,665,520 | -1,421,962 | 3,587,706 |
the royal academy of arts Credit Report and Business Information
The Royal Academy Of Arts Competitor Analysis

Perform a competitor analysis for the royal academy of arts by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other large companies, companies in W1J area or any other competitors across 12 key performance metrics.
the royal academy of arts Ownership
THE ROYAL ACADEMY OF ARTS group structure
The Royal Academy Of Arts has 3 subsidiary companies.
Ultimate parent company
THE ROYAL ACADEMY OF ARTS
06298947
3 subsidiaries
the royal academy of arts directors
The Royal Academy Of Arts currently has 17 directors. The longest serving directors include Mr Tony Baumgartner (Oct 2019) and Ms Rebecca Salter (Dec 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Tony Baumgartner | England | 53 years | Oct 2019 | - | Director |
Ms Rebecca Salter | 70 years | Dec 2019 | - | Director | |
Mr Piers Gough | 79 years | Oct 2020 | - | Director | |
Ms Emma Stibbon Ra | 63 years | Oct 2021 | - | Director | |
Ms Louise Wilson | England | 58 years | Oct 2022 | - | Director |
Ms Fiona Banner | England | 58 years | Oct 2023 | - | Director |
Mr Conrad Shawcross | 47 years | Oct 2023 | - | Director | |
Mr Anthony Cohen | 71 years | Oct 2023 | - | Director | |
Ms Fiona Rae | 61 years | Oct 2023 | - | Director | |
Dame Tracey Emin | 61 years | Oct 2023 | - | Director |
P&L
August 2024turnover
38.1m
-13%
operating profit
-7.7m
0%
gross margin
60.9%
+6.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
109.6m
-0.08%
total assets
125.3m
-0.07%
cash
4.7m
-0.74%
net assets
Total assets minus all liabilities
the royal academy of arts company details
company number
06298947
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
91020 - Museum activities
incorporation date
July 2007
age
18
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
burlington house piccadilly, london, W1J 0BD
Bank
LLOYDS BANK PLC
Legal Advisor
-
the royal academy of arts Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to the royal academy of arts.
the royal academy of arts Capital Raised & Share Issues BETA
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the royal academy of arts Companies House Filings - See Documents
date | description | view/download |
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