royal conservatoire of scotland
royal conservatoire of scotland Company Information
Company Number
SC004703
Next Accounts
Apr 2026
Shareholders
ruth calder
ulysse tonnele-verjus
View AllGroup Structure
View All
Industry
First-degree level higher education
+2Registered Address
100 renfrew street, glasgow, G2 3DB
Website
http://rcs.ac.ukroyal conservatoire of scotland Estimated Valuation
Pomanda estimates the enterprise value of ROYAL CONSERVATOIRE OF SCOTLAND at £42.5m based on a Turnover of £30.7m and 1.38x industry multiple (adjusted for size and gross margin).
royal conservatoire of scotland Estimated Valuation
Pomanda estimates the enterprise value of ROYAL CONSERVATOIRE OF SCOTLAND at £17.9m based on an EBITDA of £2.5m and a 7.12x industry multiple (adjusted for size and gross margin).
royal conservatoire of scotland Estimated Valuation
Pomanda estimates the enterprise value of ROYAL CONSERVATOIRE OF SCOTLAND at £70m based on Net Assets of £29.5m and 2.37x industry multiple (adjusted for liquidity).
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Royal Conservatoire Of Scotland Overview
Royal Conservatoire Of Scotland is a live company located in glasgow, G2 3DB with a Companies House number of SC004703. It operates in the first-degree level higher education sector, SIC Code 85421. Founded in December 1900, it's largest shareholder is ruth calder with a 16.7% stake. Royal Conservatoire Of Scotland is a mature, large sized company, Pomanda has estimated its turnover at £30.7m with healthy growth in recent years.
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Royal Conservatoire Of Scotland Health Check
Pomanda's financial health check has awarded Royal Conservatoire Of Scotland a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £30.7m, make it larger than the average company (£1.7m)
£30.7m - Royal Conservatoire Of Scotland
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.9%)
6% - Royal Conservatoire Of Scotland
8.9% - Industry AVG
Production
with a gross margin of 55.2%, this company has a comparable cost of product (55.2%)
55.2% - Royal Conservatoire Of Scotland
55.2% - Industry AVG
Profitability
an operating margin of 5.1% make it less profitable than the average company (8.9%)
5.1% - Royal Conservatoire Of Scotland
8.9% - Industry AVG
Employees
with 858 employees, this is above the industry average (30)
858 - Royal Conservatoire Of Scotland
30 - Industry AVG
Pay Structure
on an average salary of £25.1k, the company has a lower pay structure (£37.6k)
£25.1k - Royal Conservatoire Of Scotland
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £35.8k, this is less efficient (£87.1k)
£35.8k - Royal Conservatoire Of Scotland
£87.1k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (21 days)
4 days - Royal Conservatoire Of Scotland
21 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (28 days)
6 days - Royal Conservatoire Of Scotland
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Royal Conservatoire Of Scotland
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 92 weeks, this is average cash available to meet short term requirements (78 weeks)
92 weeks - Royal Conservatoire Of Scotland
78 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.9%, this is a higher level of debt than the average (30.8%)
40.9% - Royal Conservatoire Of Scotland
30.8% - Industry AVG
ROYAL CONSERVATOIRE OF SCOTLAND financials
Royal Conservatoire Of Scotland's latest turnover from July 2024 is £30.7 million and the company has net assets of £29.5 million. According to their latest financial statements, Royal Conservatoire Of Scotland has 858 employees and maintains cash reserves of £4.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 30,684,000 | 27,650,000 | 26,248,000 | 25,431,000 | 25,346,000 | 24,283,000 | 23,668,000 | 22,726,000 | 20,622,000 | 18,957,000 | 18,142,000 | 16,818,000 | 16,543,000 | 15,648,000 | 14,749,000 | 13,169,000 |
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | ||||||||||||||||
| Gross Profit | ||||||||||||||||
| Admin Expenses | ||||||||||||||||
| Operating Profit | 1,569,000 | -112,000 | ||||||||||||||
| Interest Payable | 571,000 | 548,000 | ||||||||||||||
| Interest Receivable | 597,000 | 689,000 | ||||||||||||||
| Pre-Tax Profit | 2,280,000 | -715,000 | -2,084,000 | 906,000 | -134,000 | 533,000 | 473,000 | 687,000 | -92,000 | -279,000 | 129,000 | 251,000 | 313,000 | 380,000 | 414,000 | -386,000 |
| Tax | -764,000 | 199,000 | ||||||||||||||
| Profit After Tax | 1,516,000 | -516,000 | -2,084,000 | 906,000 | -134,000 | 533,000 | 473,000 | 687,000 | -92,000 | -279,000 | 129,000 | 251,000 | 313,000 | 380,000 | 414,000 | -386,000 |
| Dividends Paid | ||||||||||||||||
| Retained Profit | 1,516,000 | -516,000 | -2,084,000 | 906,000 | -134,000 | 533,000 | 473,000 | 687,000 | -92,000 | -279,000 | 129,000 | 251,000 | 313,000 | 380,000 | 414,000 | -386,000 |
| Employee Costs | 21,514,000 | 20,609,000 | 20,920,000 | 19,369,000 | 19,142,000 | 18,051,000 | 17,454,000 | 16,164,000 | 15,479,000 | 13,910,000 | 12,827,000 | 11,621,000 | 10,569,000 | 10,170,000 | 9,349,000 | 8,715,000 |
| Number Of Employees | 858 | 827 | 380 | 375 | 365 | 427 | 421 | 355 | 336 | 314 | 297 | 275 | 265 | 240 | 230 | |
| EBITDA* | 2,507,000 | 826,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 32,913,000 | 33,377,000 | 33,614,000 | 34,052,000 | 34,819,000 | 34,975,000 | 35,249,000 | 35,753,000 | 34,435,000 | 34,887,000 | 35,482,000 | 31,603,000 | 31,401,000 | 31,581,000 | 27,878,000 | 24,205,000 |
| Intangible Assets | ||||||||||||||||
| Investments & Other | 8,548,000 | 8,027,000 | 8,236,000 | 7,895,000 | 7,017,000 | 6,514,000 | 7,078,000 | 4,155,000 | 3,025,000 | 2,912,000 | 1,741,000 | 2,341,000 | 1,551,000 | 1,595,000 | 1,451,000 | 1,304,000 |
| Debtors (Due After 1 year) | 2,000 | 20,000 | 38,000 | 56,000 | 74,000 | 92,000 | 111,000 | 130,000 | ||||||||
| Total Fixed Assets | 41,461,000 | 41,404,000 | 41,850,000 | 41,947,000 | 41,836,000 | 41,489,000 | 42,327,000 | 39,908,000 | 37,462,000 | 37,819,000 | 37,261,000 | 34,000,000 | 33,026,000 | 33,268,000 | 29,440,000 | 25,639,000 |
| Stock & work in progress | ||||||||||||||||
| Trade Debtors | 345,000 | 492,000 | 313,000 | 81,000 | 139,000 | 149,000 | 74,000 | 134,000 | 110,000 | 141,000 | 83,000 | 98,000 | 123,000 | 89,000 | 96,000 | 102,000 |
| Group Debtors | 53,000 | 105,000 | ||||||||||||||
| Misc Debtors | 2,870,000 | 1,124,000 | 951,000 | 785,000 | 899,000 | 956,000 | 1,041,000 | 657,000 | 678,000 | 705,000 | 661,000 | 1,402,000 | 806,000 | 536,000 | 523,000 | 537,000 |
| Cash | 4,420,000 | 4,335,000 | 5,536,000 | 5,376,000 | 2,805,000 | 3,289,000 | 3,645,000 | 3,032,000 | 2,072,000 | 2,590,000 | 1,515,000 | 1,920,000 | 1,262,000 | 1,959,000 | 1,857,000 | 1,931,000 |
| misc current assets | 776,000 | 1,402,000 | 1,392,000 | 1,391,000 | 1,391,000 | 1,308,000 | 1,339,000 | 1,327,000 | 1,286,000 | 1,052,000 | 2,800,000 | 6,729,000 | 7,397,000 | 7,957,000 | 3,317,000 | 4,526,000 |
| total current assets | 8,411,000 | 7,353,000 | 8,192,000 | 7,633,000 | 5,234,000 | 5,702,000 | 6,099,000 | 5,150,000 | 4,146,000 | 4,488,000 | 5,059,000 | 10,202,000 | 9,693,000 | 10,541,000 | 5,793,000 | 7,096,000 |
| total assets | 49,872,000 | 48,757,000 | 50,042,000 | 49,580,000 | 47,070,000 | 47,191,000 | 48,426,000 | 45,058,000 | 41,608,000 | 42,307,000 | 42,320,000 | 44,202,000 | 42,719,000 | 43,809,000 | 35,233,000 | 32,735,000 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 254,000 | 316,000 | 378,000 | 211,000 | 170,000 | 266,000 | 348,000 | 229,000 | 210,000 | 121,000 | 303,000 | 458,000 | 276,000 | 266,000 | 184,000 | 225,000 |
| Group/Directors Accounts | ||||||||||||||||
| other short term finances | 66,000 | 66,000 | 66,000 | 66,000 | 66,000 | 66,000 | 66,000 | 67,000 | ||||||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 2,160,000 | 2,168,000 | 2,476,000 | 2,024,000 | 1,802,000 | 2,102,000 | 1,566,000 | 1,660,000 | 2,118,000 | 3,036,000 | 884,000 | 1,892,000 | 967,000 | 1,338,000 | 4,960,000 | 1,420,000 |
| total current liabilities | 2,480,000 | 2,550,000 | 2,920,000 | 2,301,000 | 2,038,000 | 2,434,000 | 1,980,000 | 1,956,000 | 2,328,000 | 3,157,000 | 1,187,000 | 2,350,000 | 1,243,000 | 1,604,000 | 5,144,000 | 1,645,000 |
| loans | 1,088,000 | 1,154,000 | 1,220,000 | 1,286,000 | 1,352,000 | 1,418,000 | 1,484,000 | 1,550,000 | ||||||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | 16,598,000 | 16,853,000 | 17,108,000 | 17,363,000 | 17,628,000 | 17,912,000 | 18,184,000 | 18,452,000 | 18,529,000 | 18,759,000 | ||||||
| other liabilities | ||||||||||||||||
| provisions | 224,000 | 234,000 | 312,000 | 391,000 | 420,000 | 425,000 | 559,000 | 600,000 | 610,000 | 615,000 | 616,000 | 597,000 | 622,000 | 646,000 | 632,000 | 640,000 |
| total long term liabilities | 17,910,000 | 18,241,000 | 18,640,000 | 26,788,000 | 25,224,000 | 19,755,000 | 20,227,000 | 20,602,000 | 20,443,000 | 22,353,000 | 1,816,000 | 597,000 | 2,344,000 | 646,000 | 632,000 | 640,000 |
| total liabilities | 20,390,000 | 20,791,000 | 21,560,000 | 29,089,000 | 27,262,000 | 22,189,000 | 22,207,000 | 22,558,000 | 22,771,000 | 25,510,000 | 3,003,000 | 2,947,000 | 3,587,000 | 2,250,000 | 5,776,000 | 2,285,000 |
| net assets | 29,482,000 | 27,966,000 | 28,482,000 | 20,491,000 | 19,808,000 | 25,002,000 | 26,219,000 | 22,500,000 | 18,837,000 | 16,797,000 | 39,317,000 | 41,255,000 | 39,132,000 | 41,559,000 | 29,457,000 | 30,450,000 |
| total shareholders funds | 29,482,000 | 27,966,000 | 28,482,000 | 20,491,000 | 19,808,000 | 25,002,000 | 26,219,000 | 22,500,000 | 18,837,000 | 16,797,000 | 39,317,000 | 41,255,000 | 39,132,000 | 41,559,000 | 29,457,000 | 30,450,000 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 1,569,000 | -112,000 | ||||||||||||||
| Depreciation | 938,000 | 938,000 | 904,000 | 928,000 | 894,000 | 894,000 | 870,000 | 845,000 | 880,000 | 951,000 | 1,011,000 | 9,763,000 | 1,027,000 | 949,000 | 659,000 | 635,000 |
| Amortisation | ||||||||||||||||
| Tax | -764,000 | 199,000 | ||||||||||||||
| Stock | ||||||||||||||||
| Debtors | 1,599,000 | 352,000 | 398,000 | -172,000 | -67,000 | -10,000 | 324,000 | 1,000 | -76,000 | 84,000 | -827,000 | 501,000 | 391,000 | -13,000 | -39,000 | 769,000 |
| Creditors | -62,000 | -62,000 | 167,000 | 41,000 | -96,000 | -82,000 | 119,000 | 19,000 | 89,000 | -182,000 | -155,000 | 182,000 | 10,000 | 82,000 | -41,000 | 225,000 |
| Accruals and Deferred Income | -263,000 | -563,000 | 197,000 | -43,000 | -584,000 | 264,000 | -362,000 | -535,000 | -1,148,000 | 20,911,000 | -1,008,000 | 925,000 | -371,000 | -3,622,000 | 3,540,000 | 1,420,000 |
| Deferred Taxes & Provisions | -10,000 | -78,000 | -79,000 | -29,000 | -5,000 | -134,000 | -41,000 | -10,000 | -5,000 | -1,000 | 19,000 | -25,000 | -24,000 | 14,000 | -8,000 | 640,000 |
| Cash flow from operations | -191,000 | -30,000 | ||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | -2,459,000 | -720,000 | -2,055,000 | -617,000 | -285,000 | -276,000 | -115,000 | 3,393,000 | -1,223,000 | -184,000 | ||||||
| Change in Investments | 521,000 | -209,000 | 341,000 | 878,000 | 503,000 | -564,000 | 2,923,000 | 1,130,000 | 113,000 | 1,171,000 | -600,000 | 790,000 | -44,000 | 144,000 | 147,000 | 1,304,000 |
| cash flow from investments | -521,000 | 209,000 | -341,000 | -878,000 | -503,000 | -1,895,000 | -3,643,000 | -3,185,000 | -730,000 | -1,171,000 | 315,000 | -1,066,000 | -71,000 | 3,249,000 | -1,370,000 | -1,488,000 |
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | ||||||||||||||||
| Other Short Term Loans | -1,000 | 67,000 | ||||||||||||||
| Long term loans | -66,000 | -66,000 | -66,000 | -66,000 | -66,000 | -66,000 | -66,000 | 1,550,000 | ||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | ||||||||||||||||
| share issue | ||||||||||||||||
| interest | 26,000 | 141,000 | ||||||||||||||
| cash flow from financing | -66,000 | -66,000 | 10,009,000 | -289,000 | -5,126,000 | -1,816,000 | 3,179,000 | 4,593,000 | 2,132,000 | -22,241,000 | -2,067,000 | 1,898,000 | -2,599,000 | 11,722,000 | -1,407,000 | 30,836,000 |
| cash and cash equivalents | ||||||||||||||||
| cash | 85,000 | -1,201,000 | 160,000 | 2,571,000 | -484,000 | -356,000 | 613,000 | 960,000 | -518,000 | 1,075,000 | -405,000 | 658,000 | -697,000 | 102,000 | -74,000 | 1,931,000 |
| overdraft | ||||||||||||||||
| change in cash | 85,000 | -1,201,000 | 160,000 | 2,571,000 | -484,000 | -356,000 | 613,000 | 960,000 | -518,000 | 1,075,000 | -405,000 | 658,000 | -697,000 | 102,000 | -74,000 | 1,931,000 |
royal conservatoire of scotland Credit Report and Business Information
Royal Conservatoire Of Scotland Competitor Analysis
Perform a competitor analysis for royal conservatoire of scotland by selecting its closest rivals, whether from the EDUCATION sector, other large companies, companies in G 2 area or any other competitors across 12 key performance metrics.
royal conservatoire of scotland Ownership
ROYAL CONSERVATOIRE OF SCOTLAND group structure
Royal Conservatoire Of Scotland has 1 subsidiary company.
Ultimate parent company
ROYAL CONSERVATOIRE OF SCOTLAND
SC004703
1 subsidiary
royal conservatoire of scotland directors
Royal Conservatoire Of Scotland currently has 23 directors. The longest serving directors include Mr Jeffrey Sharkey (Oct 2014) and Mr Edmund Monaghan (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeffrey Sharkey | United Kingdom | 60 years | Oct 2014 | - | Director |
| Mr Edmund Monaghan | Scotland | 60 years | Oct 2015 | - | Director |
| Miss Jean Sangster | Scotland | 59 years | Jan 2016 | - | Director |
| Mrs Sharon Mair | Scotland | 60 years | Mar 2017 | - | Director |
| Mrs Caroline Roxburgh | United Kingdom | 65 years | Nov 2018 | - | Director |
| Professor Stuart Cross | 65 years | Nov 2019 | - | Director | |
| Professor Dorothy Miell | 68 years | Nov 2019 | - | Director | |
| Mr Andrew Butcher | Belgium | 61 years | Nov 2019 | - | Director |
| Mr Philip Rodney | 71 years | Nov 2019 | - | Director | |
| Ms Morag Campbell | Scotland | 67 years | Nov 2019 | - | Director |
P&L
July 2024turnover
30.7m
+11%
operating profit
1.6m
-1501%
gross margin
55.2%
-0.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
29.5m
+0.05%
total assets
49.9m
+0.02%
cash
4.4m
+0.02%
net assets
Total assets minus all liabilities
royal conservatoire of scotland company details
company number
SC004703
Type
Limited
industry
85590 - Other education n.e.c.
85421 - First-degree level higher education
85422 - Post-graduate level higher education
incorporation date
December 1900
age
125
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2024
previous names
the royal scottish academy of music and drama (September 2011)
accountant
-
auditor
CHIENE & TAIT
address
100 renfrew street, glasgow, G2 3DB
Bank
THE ROYAL BANK OF SCOTLAND PLC, THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
royal conservatoire of scotland 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 found 1 charges/mortgages relating to royal conservatoire of scotland. Currently there are 1 open charges and 0 have been satisfied in the past.
royal conservatoire of scotland Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ROYAL CONSERVATOIRE OF SCOTLAND. This can take several minutes, an email will notify you when this has completed.
royal conservatoire of scotland Companies House Filings - See Documents
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