The Lowry Centre Limited

Active03255905Arts & recreationIncorporated 27 Sept 1996 · Salford Quays

The company is a wholly owned subsidiary of The Lowry Centre Trust, a charitable company limited by guarantee.The principal activity is the operation of the commercial operations within The Lowry, a major visual and performing arts facility. The object is to carry on business with a view to generate funds to support the charitable objectives of its parent, The Lowry Centre Trust and contribute to the overall running costs of the venue and to the development of artistic work. It operates The Lowry’s catering, conferencing and events, retail and ticketing functions including a third party ticket agency business. Any surplus reserves plan to be transferred to the Trust.

Revenue

£6.0m

▲ +2260.5% vs prior ~12m period

Profit after tax

£1.2m

Margin 19.3%

Employees

202

▼ -27.9% vs prior ~12m period

Net assets

£342k

Total assets £7.9m

Financial history

Revenue by accounting period

2 periods available · ▲ growth ▼ decline

Mar 2021
£255k
Mar 2022
£6.0m▲ +2260.5%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Mar 2022£6.0m▲ +2260.5%£1.2m202£342k
31 Mar 2021£255k—-£659k280£342k

Latest available figures

Period ending 31 Mar 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£6.0m
Gross profit
£4.9m
Operating profit
£1.2m
Profit before tax
£1.2m
Profit after tax
£1.2m

Balance sheet

Total assets
£7.9m
Cash
£4.8m
Total liabilities
£7.5m
Net assets
£342k
Revenue per employee
£30k

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