ACADEMY MUSIC GROUP LIMITED
Majority-owned by Live Nation, the company operates a nationwide network of live music and club venues across the UK under the O2 Academy brand.
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Cash
£33M
+76.4% vs 2023
Net assets
£51M
+16% vs 2023
Employees
468
+12% vs 2023
Profit before tax
£9M
+26.1% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £61,310,819 | £69,805,536 | +13.9% | |
| Operating profit | £5,362,656 | £7,243,205 | +35.1% | |
| Profit before tax | £7,098,017 | £8,952,448 | +26.1% | |
| Net profit | £5,557,099 | £7,063,352 | +27.1% | |
| Cash | £18,896,066 | £33,329,793 | +76.4% | |
| Total assets less current liabilities | £53,841,432 | £62,391,109 | +15.9% | |
| Net assets | £44,264,080 | £51,327,432 | +16% | |
| Equity | £44,264,080 | £51,327,432 | +16% | |
| Average employees | 418 | 468 | +12% | |
| Wages | £13,946,638 | £16,627,918 | +19.2% | |
| Directors' remuneration | £200,000 | £210,000 | +5% |
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 |
|---|---|---|---|
| Operating margin | 8.7% | 10.4% | |
| Net margin | 9.1% | 10.1% | |
| Return on capital employed | 10.0% | 11.6% | |
| Current ratio | 1.13x | 1.20x | |
| Interest cover | 25.37x | 28.47x |
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
- ACADEMY MUSIC GROUP LIMITED 2004-09-14 → present
- THE MCKENZIE GROUP LIMITED 1997-12-19 → 2004-09-14
- FINLAW ONE HUNDRED AND ELEVEN LIMITED 1997-11-11 → 1997-12-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As described in the Strategic Report, there remain ongoing investigations due to the incident at the O2 Academy Brixton, a venue operated by the company. We do not expect any outflows, other than legal costs, in relation to the incident during the going concern assessment period. With this considered, the company cashflow projects, including plausible downside scenarios modelled, that the group will continue in a favourable liquidity position and have sufficient resources to meet its liabilities as they fall due for the duration of the going concern assessment period.”
Group structure
- ACADEMY MUSIC GROUP LIMITED · parent
- Tecjet Limited 77.5%
- ABC3 Limited 100%
Significant events
- “On 15 December 2022 there was an incident at one of the company's venues, the O2 Academy Brixton, which sadly resulted in serious injuries including two fatalities. The venue was closed but following a review of the Premises Licence on 15 September 2023, Lambeth Council granted a licence variation for the O2 Academy Brixton, subject to a number of conditions. The venue re-opened on 19 April 2024.”
- “In September 2023, during a structural survey of the O2 Academy Sheffield, it was reported that the roof construction across the whole venue predominantly included suspected Reinforced Autoclaved Aerated Concrete (RAAC) roof planks. The venue remained closed during 2024 for repair or replacement of the roof and is expected to open in 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EMENY, Selina Holliday | Secretary | 2008-06-30 | — | British |
| ANGUS, Robert Bruce Harris | Director | 2000-04-14 | Oct 1959 | British |
| DOUGLAS, Stuart Robert | Director | 2008-06-30 | Apr 1967 | British |
| EMENY, Selina Holliday | Director | 2018-08-20 | Jul 1968 | British |
| HANDS, James Michael | Director | 2012-04-01 | Oct 1978 | British |
| MORAN, Simon James | Director | 2000-04-14 | Dec 1965 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| D'ARDENNE, John | Nominee Secretary | 1997-11-11 | 1997-12-12 |
| MARLING, Patrick | Secretary | 2003-08-28 | 2007-07-31 |
| ROLPH, Toby | Secretary | 2007-07-31 | 2008-06-30 |
| ASHWORTH, Roger | Director | 1997-12-12 | 2004-08-27 |
| CANTOR, Jonathan Brian | Nominee Director | 1997-11-11 | 1997-12-12 |
| DESMOND, Denis James | Director | 2000-04-14 | 2003-12-17 |
| FORSTER, Stephen | Director | 2003-08-28 | 2007-07-19 |
| LATHAM, Paul Robert | Director | 2008-06-30 | 2018-08-20 |
| MAIDES, Richard Antony | Director | 2009-04-16 | 2010-10-21 |
| MARLING, Patrick | Director | 2000-08-14 | 2007-07-31 |
| MCKENZIE HOWARD, Ian Charles | Director | 1997-12-12 | 2004-08-27 |
| NORTHCOTE, John | Director | 2004-08-27 | 2011-08-10 |
| NORTHCOTE, John | Director | 1997-12-12 | 2003-08-28 |
| ROLPH, Toby | Director | 2007-07-31 | 2012-04-01 |
| WELLS, Paul Richard | Director | 1997-12-12 | 2000-04-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Electricland Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 213 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2024-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-21 | AA | accounts | Accounts with accounts type full | |
| 2024-08-05 | CH01 | officers | Change person director company with change date | |
| 2023-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | AA | accounts | Accounts with accounts type full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-24 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.