72% Micro
23% Small
4% Mid
1% Large
0% Mega
INSIGHTS - OCTOBER 2024
UK Cultural Activities Industry
UK Cultural Activities Industry Information
This culture industry includes the activities of libraries and archives, the operation of museums, botanical and zoological gardens, historical sites and nature reserves. It also involves the preservation objects and sites of cultural or educational interest.
Active Businesses
3,905
Annual Sales
£3bn +
Employees
46,808
Economic Contribution
£2bn
Tags
Location of Cultural Activities Companies
Cultural Activities Companies by Size
Largest Cultural Activities Companies
Turnover
Canal & River Trust
£225.1m
The English Heritage Trust
£141.4m
The Royal Parks Limited
£104.6m
Cultural Activities Companies by Age
40% Mature
28% Established
17% Young
14% Startup
1% New
Oldest Cultural Activities Companies
Established
Fastest Growing Cultural Activities Companies
39% Declining
18% Healthy
18% Rapid
14% High
10% Low
Fastest Growing Cultural Activities Companies
3yr CAGR
Cultural Activities Industry Competitive Environment - New Entrants vs Leavers
Cultural Activities Industry Valuation
EBITDA Multiple
Cultural Activities Industry Valuation
Turnover Multiple
Cultural Activities Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Libraries, archives, museums and other cultural activities Industry Insights
There are 3,905 active Businesses in the UK with combined annual sales of £3 billion .
The Industry employs around 46,808 people and contributes £2 billion to the economy.
The most popular location for Cultural Activities companies is London with 733 and the fewest are located in Northern Ireland with 84.
The largest Cultural Activities company is Merlin Attractions Operations Limited with a turnover of £585.6m. 72% of the industry is comprised of Micro companies with only 4% Mid companies.
14% of the Cultural Activities Industry is made up of 14% Startup but the majority are Mature businesses (40%) the oldest company is The Palestine Exploration Fund founded in 1879.
Cultural Activities industry has a number of high growth companies (14%), the fastest growing company is The Royal Collection Trust with a 3 year growth rate of 134%. Other fast growing companies include Imperial War Museum Trading Company Limited (77%), Arundel Castle Trustees Limited (75%) and The Scotch Whisky Heritage Centre Limited (66%).
The UK Cultural Activities Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 26.17x, Turnover multiple of 2.73x and a Net Asset multiple of 3.12x.
