PRS FOR MUSIC LIMITED
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Cash
£16M
+39.8% highest in 3 filed years
Net assets
-£48M
+0.1% vs 2024
Employees
546
-1.3% vs 2024
Profit before tax
£1M
-48.9% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £123,312,000 | £137,886,000 | £131,681,000 | -4.5% | |
| Operating profit | £1,124,000 | £1,047,000 | £205,000 | -80.4% | |
| Profit before tax | £2,039,000 | £2,009,000 | £1,027,000 | -48.9% | |
| Net profit | £2,039,000 | £2,009,000 | £1,109,000 | -44.8% | |
| Cash | £11,889,000 | £11,567,000 | £16,176,000 | +39.8% | |
| Total assets less current liabilities | -£30,694,000 | -£27,671,000 | -£28,122,000 | -1.6% | |
| Net assets | -£45,780,000 | -£48,437,000 | -£48,368,000 | +0.1% | |
| Equity | -£45,780,000 | -£48,437,000 | -£48,368,000 | +0.1% | |
| Average employees | 518 | 553 | 546 | -1.3% | |
| Wages | £35,720,000 | £40,292,000 | £41,027,000 | +1.8% | |
| Directors' remuneration | £1,462,000 | £1,631,000 | £1,295,000 | -20.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.9% | 0.8% | 0.2% | |
| Net margin | 1.7% | 1.5% | 0.8% | |
| Gearing (liabilities / total assets) | — | 136.6% | 134.9% | |
| Current ratio | 0.62x | 0.58x | 0.55x | |
| Interest cover | 1.77x | 1.18x | 0.18x |
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.
Name history
Renamed 2 times since incorporation
- PRS FOR MUSIC LIMITED 2013-07-01 → present
- THE MCPS-PRS ALLIANCE LIMITED 2001-01-02 → 2013-07-01
- MUSIC COPYRIGHT OPERATIONAL SERVICES LIMITED 1997-09-29 → 2001-01-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors, having made sufficient enquiries, are satisfied that PRS would be in a position and is willing to provide the level of support required to enable the Company to meet its ongoing liabilities and obligations as they fall due, for at least 12 months from the date of approval of these financial statements. As a result, the Directors continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- PRS FOR MUSIC LIMITED · parent
- GRD Prep Co Limited 100%
- Imprimatur Services Limited 100%
- PRS for Music (USA) Limited 100%
- Rightswatch Limited 100%
- The MCPS-PRS Alliance Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 76 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AITKEN, Jonathan | Secretary | 2020-05-18 | — | — |
| BEBAWI, Antony George | Director | 2019-07-04 | Feb 1970 | British |
| GILROY, Ian Nigel | Director | 2025-06-03 | Jan 1963 | British |
| GRAY, Thomas William | Director | 2025-01-01 | Jan 1977 | British |
| INGHAM, Erica Jane | Director | 2021-05-19 | Aug 1972 | British |
| KASSNER, Alexander Laurence | Director | 2024-06-04 | Mar 1979 | British |
| MARTIN, Andrea Czapary | Director | 2019-07-04 | Nov 1959 | Hungarian |
| POPE, Philip Rupert Justin | Director | 2021-07-13 | Aug 1956 | British |
| SPRING, Stephanie | Director | 2024-06-04 | Jun 1957 | British |
| TOUMAZIS, Thomas Christoforos | Director | 2018-07-18 | Jun 1961 | British |
| WOODROFFE, Pete | Director | 2023-01-19 | Jun 1961 | British |
Show 76 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURNETT, Victoria Joan | Secretary | 2011-12-14 | 2015-04-01 |
| CHALLEN, Nicola | Secretary | 2015-05-05 | 2015-10-22 |
| GALE, Karen | Secretary | 2010-06-18 | 2011-12-14 |
| LESTER, David Antony | Secretary | 1997-09-29 | 2005-03-31 |
| STONES, Deborah Ann | Secretary | 2015-10-22 | 2020-05-18 |
| STONES, Deborah Ann | Secretary | 2015-04-01 | 2015-05-05 |
| STONES, Deborah Ann | Secretary | 2005-04-01 | 2010-06-18 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1997-09-29 | 1997-09-29 |
| ALWAY, Jacqueline Gay | Director | 2013-06-30 | 2026-05-11 |
| ASHCROFT, Robert John | Director | 2010-01-25 | 2019-07-04 |
| BAMFORD, Peter Richard | Director | 2008-07-23 | 2014-10-31 |
| BEAHAM-POWELL, Nigel Peter | Director | 2002-01-01 | 2005-11-01 |
| BEBAWI, Antony George | Director | 2013-01-01 | 2013-06-30 |
| BEDFORD, David Vickerman | Director | 1999-01-01 | 2005-01-14 |
| BOOTH, Charles William | Director | 2013-06-30 | 2019-05-21 |
| BRADLEY, Thomas Fredrick | Director | 1997-09-29 | 2010-06-30 |
| BUTLER, Christopher Mark | Director | 2013-06-30 | 2022-05-25 |
| CALLANDER, Peter Robin | Director | 2010-01-20 | 2010-04-29 |
| CALLANDER, Peter Robin | Director | 1997-09-29 | 2005-11-01 |
| COOKE, Stephen John | Director | 2018-09-01 | 2021-03-31 |
| CORNISH, Peter | Director | 2012-07-04 | 2013-06-30 |
| CORNISH, Peter | Director | 2002-09-03 | 2005-11-01 |
| COSTER, Malcolm David | Director | 1997-09-29 | 2005-11-01 |
| DARLOW, Simon | Director | 2010-01-20 | 2021-05-19 |
| DAVIDSON, Stephen James | Director | 2014-11-01 | 2024-06-04 |
| DOLAN, Paul David Broomfield | Director | 2008-07-23 | 2013-06-30 |
| DYBALL, Jane Mary | Director | 2013-01-01 | 2013-06-30 |
| ELDERTON, Nigel Robert | Director | 2017-01-01 | 2021-01-01 |
| ELDERTON, Nigel Robert | Director | 2010-07-01 | 2012-07-04 |
| ELDERTON, Nigel Robert | Director | 2001-01-01 | 2005-11-01 |
| EVANS, James Mark Crispin | Director | 1997-09-29 | 2007-05-31 |
| FABINYI, Jeremy Rohan | Director | 2009-07-22 | 2010-01-25 |
| FLETCHER, Mervyn Guy | Director | 2010-06-23 | 2017-01-01 |
| GOLDWAG, Wanda Celina | Director | 2010-01-20 | 2015-05-19 |
| GRADE OF YARMOUTH, Michael Ian, Lord | Director | 2015-09-01 | 2017-12-18 |
| GREGSON, Edward | Director | 2018-07-04 | 2021-05-19 |
| GUARD, Barrie Shandon | Director | 1997-09-29 | 2005-11-01 |
| GUNNING, Christopher | Director | 1997-09-29 | 1998-12-31 |
| HEATH, Andrew | Director | 1997-09-29 | 1998-09-22 |
| HITCHENS, Barry William | Director | 1998-09-22 | 2002-07-16 |
| HORNALL, Stuart Alexander | Director | 2011-01-01 | 2013-06-30 |
| HUNT, Crispin Michael | Director | 2023-07-08 | 2025-01-01 |
| HUNT, Crispin Macmichael Sandys | Director | 2017-01-01 | 2018-05-24 |
| HUTCHINSON, John | Director | 1997-09-29 | 2005-02-09 |
| KEE, David Roulston | Director | 1998-10-21 | 2005-11-01 |
| LEESON, Michael David | Director | 2010-01-20 | 2018-05-24 |
| LEESON, Michael David | Director | 1997-09-29 | 2005-11-01 |
| LESTER, David Antony | Director | 1997-09-29 | 2005-03-31 |
| LEVIN, Sarah Elizabeth | Director | 2010-01-20 | 2013-01-01 |
| LEVINE, Stephen Alec | Director | 2018-07-04 | 2022-05-25 |
| MANSFIELD, Gillian | Director | 2021-12-08 | 2026-04-17 |
| MASTERS, Dru | Director | 2019-07-04 | 2023-06-06 |
| MINCH, John Berchmans | Director | 2022-07-06 | 2025-06-03 |
| MINCH, John Berchmans | Director | 2013-06-30 | 2020-01-01 |
| MINCH, John Berchmans | Director | 2010-01-20 | 2013-01-01 |
| MITCHELL, Paul England | Director | 2015-09-01 | 2018-08-31 |
| MORRIS, Estelle, Baroness | Director | 2010-01-20 | 2015-07-08 |
| NEVE, Andrew Laurence | Director | 2005-01-14 | 2005-11-01 |
| NEVE, Andrew Laurence | Director | 1997-09-29 | 2001-12-31 |
| NOTT, Julian Francis Kandahar | Director | 2021-07-07 | 2022-12-31 |
| NOTT, Julian Francis Kandahar | Director | 2013-01-01 | 2019-05-21 |
| PLATZ, Simon Howard | Director | 2020-01-01 | 2024-06-04 |
| POOLE, Mark | Director | 2013-09-01 | 2021-05-19 |
| PORTER, Steve Richard | Director | 2000-10-10 | 2009-07-17 |
| POTTER, Andrew John | Director | 1997-09-29 | 2001-12-31 |
| RATHBONE, John | Director | 2000-10-10 | 2005-11-01 |
| RICH, Ellis Seymour | Director | 2002-01-01 | 2010-12-31 |
| RICH, Ellis Seymour | Director | 1997-09-29 | 2000-12-31 |
| RODGERS, Sarah Louise | Director | 2010-01-20 | 2013-01-01 |
| RODGERS, Sarah Louise | Director | 1997-09-29 | 2005-11-01 |
| SIMMONDS, John | Director | 2023-01-19 | 2026-05-11 |
| SIMON, Jonathan Reginald | Director | 1997-09-29 | 2005-11-01 |
| SINGER, Adam Nicholas | Director | 2005-02-24 | 2006-11-15 |
| STONES, Deborah Ann | Director | 2007-06-21 | 2010-01-20 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1997-09-29 | 1997-09-29 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Director | 1997-09-29 | 1997-09-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Performing Right Society Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 258 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-22 | AA | accounts | Accounts with accounts type full | |
| 2026-05-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-10 | AA | accounts | Accounts with accounts type full | |
| 2025-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-03 | CH01 | officers | Change person director company with change date | |
| 2024-08-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-20 | CH01 | officers | Change person director company with change date | |
| 2024-07-18 | CH01 | officers | Change person director company with change date | |
| 2024-06-15 | AA | accounts | Accounts with accounts type full | |
| 2024-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-12 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.