scottish opera
scottish opera Company Information
Company Number
SC037531
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Performing arts
Registered Address
39 elmbank crescent, glasgow, G2 4PT
scottish opera Estimated Valuation
Pomanda estimates the enterprise value of SCOTTISH OPERA at £10.1m based on a Turnover of £11.1m and 0.91x industry multiple (adjusted for size and gross margin).
scottish opera Estimated Valuation
Pomanda estimates the enterprise value of SCOTTISH OPERA at £14.8m based on an EBITDA of £1.4m and a 10.77x industry multiple (adjusted for size and gross margin).
scottish opera Estimated Valuation
Pomanda estimates the enterprise value of SCOTTISH OPERA at £18.4m based on Net Assets of £15.2m and 1.22x industry multiple (adjusted for liquidity).
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Scottish Opera Overview
Scottish Opera is a live company located in glasgow, G2 4PT with a Companies House number of SC037531. It operates in the performing arts sector, SIC Code 90010. Founded in April 1962, it's largest shareholder is unknown. Scottish Opera is a mature, mid sized company, Pomanda has estimated its turnover at £11.1m with declining growth in recent years.
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Scottish Opera Health Check
Pomanda's financial health check has awarded Scottish Opera a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £11.1m, make it larger than the average company (£344.6k)
£11.1m - Scottish Opera
£344.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (9.5%)
-4% - Scottish Opera
9.5% - Industry AVG
Production
with a gross margin of 31.2%, this company has a comparable cost of product (31.2%)
31.2% - Scottish Opera
31.2% - Industry AVG
Profitability
an operating margin of 6.7% make it more profitable than the average company (1.1%)
6.7% - Scottish Opera
1.1% - Industry AVG
Employees
with 159 employees, this is above the industry average (7)
159 - Scottish Opera
7 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£27k)
£30.9k - Scottish Opera
£27k - Industry AVG
Efficiency
resulting in sales per employee of £69.8k, this is equally as efficient (£72.8k)
£69.8k - Scottish Opera
£72.8k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is near the average (8 days)
9 days - Scottish Opera
8 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is slower than average (15 days)
20 days - Scottish Opera
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Scottish Opera
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (122 weeks)
0 weeks - Scottish Opera
122 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.3%, this is a higher level of debt than the average (23%)
26.3% - Scottish Opera
23% - Industry AVG
SCOTTISH OPERA financials
Scottish Opera's latest turnover from March 2024 is £11.1 million and the company has net assets of £15.2 million. According to their latest financial statements, Scottish Opera has 159 employees and maintains cash reserves of £44.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,090,287 | 11,723,325 | 11,480,899 | 12,643,385 | 12,880,059 | 11,730,566 | 11,628,858 | 12,424,348 | 12,812,745 | 12,855,249 | 16,777,345 | 16,682,482 | 11,809,245 | 12,565,790 | 11,399,751 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 114,277 | 116,907 | 129,544 | 63,034 | 36,025 | 16,694 | 13,686 | 16,641 | 9,435 | 20,427 | |||||
| Interest Receivable | 2,052 | ||||||||||||||
| Pre-Tax Profit | -2,086,878 | -3,524,228 | -1,291,723 | 1,917,225 | -1,010,490 | -2,671,019 | -1,214,101 | -799,918 | 1,484,517 | 1,958,614 | 4,672,691 | 5,458,399 | 520,372 | 745,051 | 215,827 |
| Tax | 2,309,254 | 2,502,989 | 714,487 | 87,366 | 806,668 | 814,510 | 714,651 | 735,219 | |||||||
| Profit After Tax | 222,376 | -1,021,239 | -577,236 | 2,004,591 | -203,822 | -1,856,509 | -499,450 | -64,699 | 1,484,517 | 1,958,614 | 4,672,691 | 5,458,399 | 520,372 | 745,051 | 215,827 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 222,376 | -1,021,239 | -577,236 | 2,004,591 | -203,822 | -1,856,509 | -499,450 | -64,699 | 1,484,517 | 1,958,614 | 4,672,691 | 5,458,399 | 520,372 | 745,051 | 215,827 |
| Employee Costs | 4,909,426 | 4,966,220 | 4,555,690 | 4,570,246 | 4,818,802 | 4,749,260 | 4,347,079 | 4,381,935 | 4,365,964 | 4,195,052 | 4,085,685 | 3,881,960 | 4,022,078 | 4,215,196 | 4,084,803 |
| Number Of Employees | 159 | 178 | 177 | 199 | 155 | 155 | 152 | 148 | 148 | 149 | 151 | 141 | 140 | 131 | 126 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,934,761 | 16,938,332 | 17,376,332 | 17,919,682 | 18,546,010 | 18,845,882 | 19,379,143 | 19,869,272 | 20,138,601 | 18,835,817 | 11,477,681 | 4,909,216 | 3,206,270 | 2,876,838 | 2,756,041 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 168,910 | 281,194 | 120,081 | 908 | |||||||||||
| Total Fixed Assets | 16,934,761 | 16,938,332 | 17,376,332 | 17,919,682 | 18,546,010 | 18,845,882 | 19,379,143 | 19,869,272 | 20,138,601 | 18,835,817 | 11,646,591 | 5,190,410 | 3,326,351 | 2,876,838 | 2,756,949 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 285,529 | 291,559 | 256,435 | 134,455 | 215,878 | 298,082 | 260,352 | 249,340 | 265,244 | 306,318 | 200,951 | 204,631 | 252,239 | 320,556 | 265,941 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 3,305,780 | 3,372,942 | 1,887,728 | 787,668 | 2,458,931 | 1,833,921 | 2,007,688 | 1,978,696 | 1,876,467 | 1,778,311 | 1,778,934 | 1,192,683 | 382,958 | 720,200 | 1,375,063 |
| Cash | 44,728 | 34,273 | 598,102 | 1,792,267 | 80,737 | 24,343 | 55,366 | 268,378 | 2,329,120 | 143,962 | 2,277,676 | 3,622,870 | 674,718 | 523,366 | 16,072 |
| misc current assets | |||||||||||||||
| total current assets | 3,636,037 | 3,698,774 | 2,742,265 | 2,714,390 | 2,755,546 | 2,156,346 | 2,323,406 | 2,496,414 | 4,470,831 | 2,228,591 | 4,257,561 | 5,020,184 | 1,309,915 | 1,564,122 | 1,657,076 |
| total assets | 20,570,798 | 20,637,106 | 20,118,597 | 20,634,072 | 21,301,556 | 21,002,228 | 21,702,549 | 22,365,686 | 24,609,432 | 21,064,408 | 15,904,152 | 10,210,594 | 4,636,266 | 4,440,960 | 4,414,025 |
| Bank overdraft | 455,642 | 1,083,671 | 22,528 | 42,177 | 1,051,599 | 977,119 | 54,732 | 711,408 | 2,817,445 | 43,778 | 104,939 | 23,338 | 61,155 | 648,924 | |
| Bank loan | 18,726 | 18,726 | 18,726 | 18,726 | 52,584 | ||||||||||
| Trade Creditors | 420,454 | 331,485 | 285,618 | 199,740 | 498,920 | 547,084 | 167,928 | 393,778 | 431,226 | 1,118,290 | 1,422,795 | 291,061 | 319,247 | 671,449 | 489,439 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 165,859 | 163,815 | 154,005 | 150,046 | 279,859 | 276,187 | 286,116 | 293,142 | 547,522 | 310,159 | 131,725 | 131,725 | 131,725 | 131,725 | |
| hp & lease commitments | 8,957 | 21,498 | 23,473 | 7,860 | 7,860 | 7,860 | 3,064 | 11,636 | |||||||
| other current liabilities | 1,390,632 | 976,441 | 553,276 | 386,200 | 1,446,336 | 867,319 | 850,606 | 674,731 | 1,474,085 | 615,997 | 510,124 | 544,230 | 466,625 | 385,202 | 638,166 |
| total current liabilities | 2,432,587 | 2,555,412 | 1,024,384 | 799,661 | 3,300,187 | 2,675,569 | 1,367,242 | 1,369,511 | 3,164,241 | 4,861,891 | 2,127,148 | 1,090,681 | 959,661 | 1,271,321 | 1,840,749 |
| loans | 2,974,153 | 3,140,012 | 3,131,292 | 3,285,297 | 3,435,347 | 3,585,296 | 3,729,574 | 3,883,133 | 4,285,145 | 526,988 | 59,618 | 75,216 | 90,307 | 103,713 | 249,337 |
| hp & lease commitments | 8,957 | 30,456 | 1,975 | 9,836 | 17,695 | 3,064 | |||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 2,974,153 | 3,140,012 | 3,131,292 | 3,294,254 | 3,465,803 | 3,587,271 | 3,739,410 | 3,900,828 | 4,285,145 | 526,988 | 59,618 | 75,216 | 90,307 | 103,713 | 252,401 |
| total liabilities | 5,406,740 | 5,695,424 | 4,155,676 | 4,093,915 | 6,765,990 | 6,262,840 | 5,106,652 | 5,270,339 | 7,449,386 | 5,388,879 | 2,186,766 | 1,165,897 | 1,049,968 | 1,375,034 | 2,093,150 |
| net assets | 15,164,058 | 14,941,682 | 15,962,921 | 16,540,157 | 14,535,566 | 14,739,388 | 16,595,897 | 17,095,347 | 17,160,046 | 15,675,529 | 13,716,915 | 9,044,226 | 3,585,827 | 3,065,455 | 2,320,404 |
| total shareholders funds | 15,164,058 | 14,941,682 | 15,962,921 | 16,540,157 | 14,535,566 | 14,739,388 | 16,595,897 | 17,095,347 | 17,160,046 | 15,675,529 | 13,716,915 | 9,044,226 | 3,585,827 | 3,065,455 | 2,320,404 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 632,170 | 667,878 | 643,256 | 654,928 | 682,244 | 667,982 | 672,632 | 647,947 | 631,077 | 270,454 | 256,630 | 265,681 | 253,101 | 249,125 | 270,387 |
| Amortisation | |||||||||||||||
| Tax | 2,309,254 | 2,502,989 | 714,487 | 87,366 | 806,668 | 814,510 | 714,651 | 735,219 | |||||||
| Stock | |||||||||||||||
| Debtors | -73,192 | 1,520,338 | 1,222,040 | -1,752,686 | 542,806 | -136,037 | 40,004 | 86,325 | 57,082 | -64,166 | 470,287 | 923,230 | -285,478 | -601,156 | 1,641,912 |
| Creditors | 88,969 | 45,867 | 85,878 | -299,180 | -48,164 | 379,156 | -225,850 | -37,448 | -687,064 | -304,505 | 1,131,734 | -28,186 | -352,202 | 182,010 | 489,439 |
| Accruals and Deferred Income | 414,191 | 423,165 | 167,076 | -1,060,136 | 579,017 | 16,713 | 175,875 | -799,354 | 858,088 | 105,873 | -34,106 | 77,605 | 81,423 | -252,964 | 638,166 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -126,221 | -179,503 | -341,606 | -1,933,861 | -7,628,590 | -6,825,095 | -1,968,626 | -582,533 | -369,942 | -316,294 | |||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -126,221 | -179,503 | -341,606 | -1,933,861 | -7,628,590 | -6,825,095 | -1,968,626 | -582,533 | -369,942 | -316,294 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | -18,726 | -33,858 | 52,584 | ||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | 2,044 | 9,810 | 3,959 | -129,813 | 3,672 | -9,929 | -7,026 | -254,380 | 237,363 | 178,434 | 131,725 | ||||
| Long term loans | -165,859 | 8,720 | -154,005 | -150,050 | -149,949 | -144,278 | -153,559 | -402,012 | 3,758,157 | 467,370 | -15,598 | -15,091 | -13,406 | -145,624 | 249,337 |
| Hire Purchase and Lease Commitments | -8,957 | -21,498 | -23,474 | 44,094 | -7,861 | -7,859 | 25,555 | -3,064 | -11,636 | 14,700 | |||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -114,277 | -116,907 | -129,544 | -60,982 | -36,025 | -16,694 | -13,686 | -16,641 | -9,435 | -20,427 | |||||
| cash flow from financing | -163,815 | 9,573 | -171,544 | -303,337 | -102,183 | -276,345 | -285,351 | -760,381 | 3,934,538 | 591,053 | -32,294 | -28,777 | -33,111 | -68,828 | 2,400,771 |
| cash and cash equivalents | |||||||||||||||
| cash | 10,455 | -563,829 | -1,194,165 | 1,711,530 | 56,394 | -31,023 | -213,012 | -2,060,742 | 2,185,158 | -2,133,714 | -1,345,194 | 2,948,152 | 151,352 | 507,294 | 16,072 |
| overdraft | -628,029 | 1,061,143 | -19,649 | -1,009,422 | 74,480 | 922,387 | 54,732 | -711,408 | -2,106,037 | 2,773,667 | -61,161 | 81,601 | -37,817 | -587,769 | 648,924 |
| change in cash | 638,484 | -1,624,972 | -1,174,516 | 2,720,952 | -18,086 | -953,410 | -267,744 | -1,349,334 | 4,291,195 | -4,907,381 | -1,284,033 | 2,866,551 | 189,169 | 1,095,063 | -632,852 |
scottish opera Credit Report and Business Information
Scottish Opera Competitor Analysis
Perform a competitor analysis for scottish opera by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in G 2 area or any other competitors across 12 key performance metrics.
scottish opera Ownership
SCOTTISH OPERA group structure
Scottish Opera has 3 subsidiary companies.
Ultimate parent company
SCOTTISH OPERA
SC037531
3 subsidiaries
scottish opera directors
Scottish Opera currently has 14 directors. The longest serving directors include Mr John Wallace (Sep 2005) and Mr Alexander Reedijk (Mar 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Wallace | England | 75 years | Sep 2005 | - | Director |
| Mr Alexander Reedijk | 64 years | Mar 2006 | - | Director | |
| Mr Peter Lawson | 67 years | Jun 2009 | - | Director | |
| Professor Dorothy Miell | 68 years | Sep 2013 | - | Director | |
| Ms Jessica Burns | 72 years | Sep 2016 | - | Director | |
| Ms Roberta Doyle | 65 years | Sep 2018 | - | Director | |
| Mr Neil Campbell | Scotland | 58 years | Sep 2019 | - | Director |
| Ms May Ferries | Scotland | 72 years | Sep 2020 | - | Director |
| Mr Marcus Cheng | Scotland | 34 years | Dec 2021 | - | Director |
| Ms Sarah Jackson | England | 67 years | Sep 2022 | - | Director |
P&L
March 2024turnover
11.1m
-5%
operating profit
743.5k
0%
gross margin
31.2%
-4.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
15.2m
+0.01%
total assets
20.6m
0%
cash
44.7k
+0.31%
net assets
Total assets minus all liabilities
scottish opera company details
company number
SC037531
Type
Private Ltd By Guarantee w/o Share Cap
industry
90010 - Performing arts
incorporation date
April 1962
age
63
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
AZETS AUDIT SERVICES
address
39 elmbank crescent, glasgow, G2 4PT
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
MILLER SAMUEL HILL BROWN
scottish opera 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 5 charges/mortgages relating to scottish opera. Currently there are 2 open charges and 3 have been satisfied in the past.
scottish opera 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 SCOTTISH OPERA. This can take several minutes, an email will notify you when this has completed.
scottish opera Companies House Filings - See Documents
| date | description | view/download |
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