London Transport Museum: who owns it, who runs it and what the accounts show
London Transport Museum Limited's person with significant control on the Companies House register is Transport Trading Limited. In the year to March 2026 London Transport Museum Limited reported turnover of £22m.
- In the year to March 2026, London Transport Museum had turnover of £22m, up 8.0% on the year before.
- It made a pre-tax loss of £0.8m, losing £3.78 of every £100 of sales.
- It employed an average of 176 people, with staff costs of £9m.
- London Transport Museum Limited is controlled by Transport Trading Limited, according to the Companies House register.
- These figures are from London Transport Museum Limited's group accounts for the year to March 2026, filed at Companies House on 15 October 2026.
- Registered name
- LONDON TRANSPORT MUSEUM LIMITED
- Company number
- 06495761
- Status
- Active
- Incorporated
- 6 February 2008
- Registered office area
- East London
- Industry code on the register
- 91020: Libraries, archives, museums and other cultural activities
- Accounts
- Group accounts, covering the companies it owns
- Accounts type
- Full group accounts
- Latest accounts
- Year to March 2026, filed 15 October 2026
What does London Transport Museum do?
London Transport Museum is the charity that runs the museum of London's transport history in Covent Garden and its collections store in Acton. It displays buses, trams and Underground trains and tells the story of how transport shaped the capital. Its Acton Depot opens for guided tours and events, and its Hidden London tours take visitors into disused Underground stations. It earns money from tickets, tours, its shops, licensing and venue hire, with support from Transport for London.
In brief: transport museum charity · Covent Garden and Acton Depot · Hidden London tours · tickets, shop and venue hire
Source: Spark Intel editorial, checked 27 September 2026. Official website: ltmuseum.co.uk.
Who owns London Transport Museum?
The Companies House register records Transport Trading Limited as the person with significant control of London Transport Museum Limited, company number 06495761. Transport Trading Limited is itself company number 03914810.
That places London Transport Museum Limited inside a larger group. Its accounts are group accounts, covering the companies it owns as well.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs London Transport Museum?
The Companies House register lists 14 current officers for London Transport Museum Limited.
All 14 current officers
| Officer | Appointed |
|---|---|
| Keith Lawrence Ludeman | 26 March 2014 |
| Marcus Peter Arthur | 7 June 2018 |
| William Ferris | 29 January 2020 |
| Pamela Elizabeth Rosser | 29 October 2020 |
| Winsome Hull | 29 October 2020 |
| Christine Major | 4 February 2021 |
| Obinna Vincent Nwofor | 6 October 2021 |
| Lilli Sabrina Matson | 21 November 2022 |
| Elizabeth McKay | 8 August 2023 |
| Andrea Clarke | 29 September 2023 |
| Susannah Bentley Tanner | 15 November 2024 |
| Daniel Phelan | 15 November 2024 |
| David Allen Brown | 15 November 2024 |
| Anne Marie McMeel | 9 July 2026 |
Every current officer, with appointment dates, is on the Companies House register.
What did London Transport Museum file?
London Transport Museum Limited reported turnover of £22m in the year to March 2026. That was up 8.0% on £20m the year before.
It reported 176 employees. The year before it reported 173.
It filed a pre-tax loss of £0.8m for the year, against a pre-tax loss of £2.0m the year before.
Staff costs came to £9m. That is an average of £52,000 a head. It ended the year with £8m at the bank and net assets of £27m.
| Measure | Mar 2026 | Mar 2025 |
|---|---|---|
| Turnover | £22m | £20m |
| Pre-tax profit | -£0.8m (filed) | -£2.0m (filed) |
| Employees | 176 | 173 |
| Staff costs | £9m | £9m |
| Average staff cost per head | £52,000 | £53,000 |
| Bank and cash | £8m | £10m |
| Net assets | £27m | £28m |
| Interest received | £0.5m | |
| Directors' pay | £0.2m |
Read the accounts to March 2026 (PDF, Companies House) · every accounts filing
What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets · Group accounts
How London Transport Museum compares
Of the 13 independent museums and galleries, London Transport Museum is 2nd on turnover, 7th on profit margin and 5th on growth. Dulwich Picture Gallery keeps the most of every £100 of sales: £17.07.
| Rank | Independent museums and galleries | Turnover | Profit per £100 |
|---|---|---|---|
| 1st | Royal Academy of Arts | £37m | −£9.68 |
| 2nd | London Transport Museum | £22m | −£3.78 |
| + 11 more independent museums and galleries ranked |
Ranked by turnover. Profit per £100 is pre-tax profit for every £100 of turnover, shown only where the profit is filed.
London Transport Museum files as London Transport Museum Limited, whose person with significant control is Transport Trading Limited, with turnover of £22m in its latest filed year.
Questions about London Transport Museum
What does London Transport Museum do?
London Transport Museum is the charity that runs the museum of London's transport history in Covent Garden and its collections store in Acton. It displays buses, trams and Underground trains and tells the story of how transport shaped the capital. Its Acton Depot opens for guided tours and events, and its Hidden London tours take visitors into disused Underground stations. It earns money from tickets, tours, its shops, licensing and venue hire, with support from Transport for London.
How does London Transport Museum compare with its rivals?
By turnover, London Transport Museum is 2nd of the 13 companies in our battle of the independent museums and galleries, behind Royal Academy of Arts. The battle ranks them on turnover, pre-tax profit, margin, growth and net assets. The battle of the independent museums and galleries →
Who owns London Transport Museum?
The Companies House register records Transport Trading Limited as the person with significant control of London Transport Museum Limited.
How much does London Transport Museum make?
London Transport Museum Limited reported turnover of £22m in the year to March 2026. It filed a pre-tax loss of £0.8m.
How many people work at London Transport Museum?
London Transport Museum Limited reported 176 employees in the year to March 2026.
Who runs London Transport Museum?
The Companies House register lists 14 current officers for London Transport Museum Limited. The full list, with appointment dates, is on the Companies House register.
- Figures come from London Transport Museum Limited's filings at Companies House, company number 06495761, for the period shown at the top of the page.
- These are group accounts: they include the companies it owns.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “London Transport Museum: who owns it, who runs it and what the accounts show”, updated 9 November 2026. https://www.spark-intel.co.uk/companies/london-transport-museum/. Figures from Companies House filings for LONDON TRANSPORT MUSEUM LIMITED (06495761).
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