Accounts to March 2025 · Group accounts · Filed December 2025

Mary Rose Museum: who owns it, who runs it and what the accounts show

Mary Rose Trust(the) has no person with significant control recorded on the Companies House register. In the year to March 2025 it reported turnover of £3m.

£3m
Turnover, down 11.2%
-£1.2m
Pre-tax profit
47
Employees
  • In the year to March 2025, Mary Rose Museum had turnover of £3m, down 11.2% on the year before.
  • It made a pre-tax loss of £1.2m, losing £37.73 of every £100 of sales.
  • It employed an average of 47 people, with staff costs of £2m.
  • These figures are from Mary Rose Trust(the)'s group accounts for the year to March 2025, filed at Companies House on 8 December 2025.
Registered name
MARY ROSE TRUST(THE)
Company number
01415654
Status
Active
Incorporated
19 February 1979
Registered office area
Portsmouth
Industry code on the register
85520: Education
Accounts
Group accounts, covering the companies it owns
Accounts type
Full group accounts
Latest accounts
Year to March 2025, filed 8 December 2025

What does Mary Rose Museum do?

The Mary Rose Trust is the charity that runs the Mary Rose Museum in Portsmouth, home to the hull of Henry VIII's Tudor warship. Set up in 1979, it conserves the ship and the objects recovered with it, and runs education and outreach programmes for schools and the public. The trust earns income from museum tickets, memberships, its shop and corporate sponsorship, alongside donations.

In brief: heritage charity · Tudor warship museum · tickets, retail and donations

Source: Mary Rose Museum's own website, retrieved 27 September 2026.

Who owns Mary Rose Museum?

Mary Rose Trust(the), company number 01415654, has no person with significant control recorded on the register. The full record is linked below.

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 Mary Rose Museum?

The Companies House register lists 15 current officers for Mary Rose Trust(the).

All 15 current officers
OfficerAppointed
Christopher John Brandon28 June 2013
Adam Salusbury Humphryes28 June 2013
Susan Alison Wright28 June 2013
Timothy Mark Rusby5 October 2018
Nigel Keith Purse2 October 2020
Professor Suzannah Rebecca Gabriella Lipscomb4 December 2020
Professor Terence Richard Stevens4 November 2022
Rosemary Audrey Sinclair Grey16 November 2023
Professor Trevor William Keeble16 November 2023
Aileen Marion Peirce16 November 2023
Kirsten Victoria Suenson-Taylor16 November 2023
Dr Andrew David Painting16 November 2023
Dr Nicholas John Merriman21 November 2025
Bobby Shailesh Mehta21 November 2025
Flora Jane Craig21 November 2025

Every current officer, with appointment dates, is on the Companies House register.

What did Mary Rose Museum file?

Mary Rose Trust(the) reported turnover of £3m in the year to March 2025. That was down 11.2% on £4m the year before.

It reported 47 employees. The year before it reported 67.

It filed a pre-tax loss of £1.2m for the year, against a pre-tax loss of £0.7m the year before.

Staff costs came to £2m. That is an average of £43,000 a head. It ended the year with £0.6m at the bank and net assets of £25m.

Mar 2025£62.90£74.83£37.73 loss
Mar 2024£53.01£65.02£18.03 loss
Where each £100 of turnover goes: payroll (staff costs), other costs and pre-tax profit. A loss is the part of the costs beyond £100, marked with a red bracket. Hover over a segment for its figure.
MeasureMar 2025Mar 2024
Turnover£3m£4m
Pre-tax profit-£1.2m (filed)-£0.7m (filed)
Employees4767
Staff costs£2m£1.9m
Average staff cost per head£43,000£29,000
Bank and cash£0.6m£0.8m
Net assets£25m£26m
Directors' pay£1k

Read the accounts to March 2025 (PDF, Companies House) · every accounts filing

What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets · Group accounts

Are there any charges against Mary Rose Museum?

Mary Rose Trust(the) has registered 4 charges at Companies House, of which 3 are still outstanding. A charge is security a lender takes over a company's assets; one is satisfied when the lending behind it is repaid or released.

All 3 outstanding charges
Charge holderCreated
The Trustees of the National Heritage Memorial Fund28 January 2010
Lloyds and Scottish Trust LTD29 April 1980
Lloyds Bank PLC9 April 1980

Each charge, with its holder and dates, is on the Companies House register.

How Mary Rose Museum compares

Of the 13 independent museums and galleries, Mary Rose Museum is 13th on turnover, 13th on profit margin and 13th on growth. Dulwich Picture Gallery keeps the most of every £100 of sales: £17.07.

RankIndependent museums and galleriesTurnoverProfit per £100
1stRoyal Academy of Arts£37m−£9.68
13thMary Rose Museum£3m−£37.73
+ 11 more independent museums and galleries ranked
See who's growing fastest: all 13 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.

Mary Rose Museum files as Mary Rose Trust(the), with turnover of £3m in its latest filed year.

Read next · BattleThe battle of the independent museums and galleriesMary Rose Museum is 13th of 13 on turnover, 13th on profit margin. See who wins →

Questions about Mary Rose Museum

What does Mary Rose Museum do?

The Mary Rose Trust is the charity that runs the Mary Rose Museum in Portsmouth, home to the hull of Henry VIII's Tudor warship. Set up in 1979, it conserves the ship and the objects recovered with it, and runs education and outreach programmes for schools and the public. The trust earns income from museum tickets, memberships, its shop and corporate sponsorship, alongside donations.

How does Mary Rose Museum compare with its rivals?

By turnover, Mary Rose Museum is 13th 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 Mary Rose Museum?

Mary Rose Trust(the) has no person with significant control recorded at Companies House.

How much does Mary Rose Museum make?

Mary Rose Trust(the) reported turnover of £3m in the year to March 2025. It filed a pre-tax loss of £1.2m.

How many people work at Mary Rose Museum?

Mary Rose Trust(the) reported 47 employees in the year to March 2025.

Who runs Mary Rose Museum?

The Companies House register lists 15 current officers for Mary Rose Trust(the). The full list, with appointment dates, is on the Companies House register.

  • Figures come from Mary Rose Trust(the)'s filings at Companies House, company number 01415654, 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, “Mary Rose Museum: who owns it, who runs it and what the accounts show”, updated 9 November 2026. https://www.spark-intel.co.uk/companies/mary-rose/. Figures from Companies House filings for MARY ROSE TRUST(THE) (01415654).

Spark Intel · Company Profiles · Figures rounded to protect precision of source filings