Accounts to August 2025 · Group accounts · Filed June 2026

Royal Opera House: who owns it, who runs it and what the accounts show

Royal Opera House Covent Garden Foundation has no person with significant control recorded on the Companies House register. In the year to August 2025 it reported turnover of £182m.

£182m
Turnover, up 0.1%
£7m
Pre-tax profit
1,162
Employees
Registered name
ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION
Company number
00480523
Status
Active
Incorporated
1 April 1950
Registered office area
West-Central London
Industry code on the register
90030: Creative, arts and entertainment activities
Accounts
Group accounts, covering the companies it owns
Accounts type
Full group accounts
Latest accounts
Year to August 2025, filed 4 June 2026

What does Royal Opera House do?

The Royal Opera House Covent Garden Foundation is the charity that runs the Royal Opera House, home of The Royal Opera and The Royal Ballet. Its resident orchestra plays for almost all main stage productions, and the organisation also trades as Royal Ballet and Opera. Its income comes from ticket sales, donations and memberships, public funding from Arts Council England, and cinema screenings of its productions around the world.

In brief: arts charity · opera and ballet · tickets, donations and cinema

Source: Royal Opera House's own website, retrieved 27 September 2026.

Who owns Royal Opera House?

Royal Opera House Covent Garden Foundation, company number 00480523, 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 Royal Opera House?

The Companies House register lists 18 current officers for Royal Opera House Covent Garden Foundation.

All 18 current officers
OfficerAppointed
Lloyd Marshall Dorfman10 February 2015
Timothy Brian Bunting3 October 2017
Leah Hurst8 October 2019
Zeinab Mohammed-Khair Badawi-Malik8 October 2019
Lord John Browne Of Madingley1 September 2020
Caroline Louise Britton14 December 2021
Janis Elizabeth Susskind5 October 2022
Lisa Jane Burger5 October 2022
Philipp Roland Freise7 December 2023
Joanna Streeten21 May 2024
Daniel Alexander Ison1 September 2024
Stephen Lucas1 September 2024
Alan William Stanton8 October 2024
Alistair Gerald Summers8 October 2024
Dame Carolyn Julia McCall10 December 2024
Farah Ramzan Golant10 December 2024
Baroness Deborah Bull1 September 2025
Sir Nicholas Robert Hytner1 January 2026

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

What did Royal Opera House file?

Royal Opera House Covent Garden Foundation reported turnover of £182m in the year to August 2025. That was up 0.1% on £182m the year before.

It reported 1,162 employees. The year before it reported 1,096.

It filed a pre-tax profit of £7m for the year, against a pre-tax profit of £10m the year before.

Staff costs came to £74m. That is an average of £64,000 a head. It ended the year with £91m at the bank and net assets of £304m.

Aug 2025£40.88£55.05£4.08 profit
Aug 2024£37.09£57.41£5.50 profit
Where each £100 of turnover goes: payroll (staff costs), other costs and pre-tax profit. Hover over a segment for its figure.
MeasureAug 2025Aug 2024
Turnover£182m£182m
Pre-tax profit£7m (filed)£10m (filed)
Employees1,1621,096
Staff costs£74m£67m
Average staff cost per head£64,000£62,000
Bank and cash£91m£89m
Net assets£304m£288m

Read the accounts to August 2025 on Companies House, where every set of accounts the company has filed can be downloaded as a PDF.

Are there any charges against Royal Opera House?

Royal Opera House Covent Garden Foundation has registered 20 charges at Companies House, of which 5 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 5 outstanding charges
Charge holderCreated
Thurrock Borough Council22 May 2015
The Arts Council of England19 July 2013
Roh Pension Trustee Limited as Trustee of the Royal Opera House Pension Scheme11 July 2013
East of England Development Agency4 June 2010
Arts Council England4 June 2010

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

How Royal Opera House compares

Royal Opera House files as Royal Opera House Covent Garden Foundation, with turnover of £182m in its latest filed year.

Questions about Royal Opera House

What does Royal Opera House do?

The Royal Opera House Covent Garden Foundation is the charity that runs the Royal Opera House, home of The Royal Opera and The Royal Ballet. Its resident orchestra plays for almost all main stage productions, and the organisation also trades as Royal Ballet and Opera. Its income comes from ticket sales, donations and memberships, public funding from Arts Council England, and cinema screenings of its productions around the world.

Who owns Royal Opera House?

Royal Opera House Covent Garden Foundation has no person with significant control recorded at Companies House.

How much does Royal Opera House make?

Royal Opera House Covent Garden Foundation reported turnover of £182m in the year to August 2025. It filed a pre-tax profit of £7m.

How many people work at Royal Opera House?

Royal Opera House Covent Garden Foundation reported 1,162 employees in the year to August 2025.

Who runs Royal Opera House?

The Companies House register lists 18 current officers for Royal Opera House Covent Garden Foundation. The full list, with appointment dates, is on the Companies House register.

  • Figures come from Royal Opera House Covent Garden Foundation's filings at Companies House, company number 00480523, 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, “Royal Opera House: who owns it, who runs it and what the accounts show”, updated 28 September 2026. https://www.spark-intel.co.uk/companies/royal-opera-house/. Figures from Companies House filings for ROYAL OPERA HOUSE COVENT GARDEN FOUNDATION (00480523).

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