ULSTER ORCHESTRA SOCIETY LIMITED-THE
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Cash
£791K
+503.4% vs 2024
Net assets
£1.8M
+73.1% vs 2024
Employees
76
-3.8% vs 2024
Profit before tax
£753K
+35,607.4% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
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Material uncertainty over going concern
Cashflow projections predict that expenditure will exceed income for the period ended 31 March 2026. These conditions indicate the existence of a material uncertainty which may cast significant doubt about the charitable company's ability to continue as a going concern.
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1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
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Going-concern uncertainty disclosed
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £1,382,069 | £1,407,608 | +1.8% | |
| Operating profit | £2,108 | £752,506 | +35,597.6% | |
| Profit before tax | £2,108 | £752,712 | +35,607.4% | |
| Net profit | £2,108 | £752,712 | +35,607.4% | |
| Cash | £131,150 | £791,387 | +503.4% | |
| Total assets less current liabilities | — | — | — | |
| Net assets | £1,030,310 | £1,783,022 | +73.1% | |
| Equity | £1,030,310 | £1,783,022 | +73.1% | |
| Average employees | 79 | 76 | -3.8% | |
| Wages | £2,783,044 | £2,877,822 | +3.4% | |
| Directors' remuneration | £173,292 | £152,184 | -12.2% |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 0.2% | 53.5% | |
| Net margin | 0.2% | 53.5% | |
| Gearing (liabilities / total assets) | 46.4% | 36.5% | |
| Current ratio | 1.58x | 2.12x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Harbinson Mulholland
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Cashflow projections predict that expenditure will exceed income for the period ended 31 March 2026. These conditions indicate the existence of a material uncertainty which may cast significant doubt about the charitable company's ability to continue as a going concern.”
Significant events
- “The final months of Daniele Rustioni's tenure as Music Director surpassed even the high artistic standards achieved over the previous five years, taking the Orchestra to a new level of playing.”
- “The Orchestra marked the centenary of the BBC in Northern Ireland with two memorable concerts.”
- “Two concerts with female musicians from Afghanistan were followed by first performances of co-created work incorporating local community creativity.”
- “The Foyle Foundation announced £1M in funding to restore and redevelop the Orchestra's permanent home on Townsend Street, Belfast.”
- “Legacy Wealth Management and Brown & Brown co-sponsored the Essentially Broadway concert in March 2025.”
- “The 2024/25 Season was predominantly strong, with festive and Pops concerts achieving excellent results, surpassing budgeted income.”
- “Growth in regional audiences led to established core bases in Derry-Londonderry and Coleraine, with successful returns to Ballymena and Newtownabbey.”
- “The Belfast 2024 project, Sound Links, culminated in a street party on Townsend Street attended by 2,500 people on International Peace Day.”
- “The 2023/24 Crescendo final event took place in June at the Ulster Hall, with 142 P7 pupils completing 7 years of musical education, performing alongside the Orchestra.”
- “Schools workshops reached over 10,000 children across Northern Ireland, introducing pupils to strings, wind, and brass instruments.”
- “Free community Christmas events were held at St Comgall's Community Hub, Northumberland Interface Gates, and the Sunflower Pub.”
- “A wind quartet performed at European Heritage Open Day events in September 2024 at Foyle Foundation Hall.”
- “Ulster Orchestra musicians delivered six performances of CBeebies Musical Storyland at St. Comgall's Community Hub as part of the Belfast Children's Festival in March 2025.”
- “Wellbeing performances and workshops were delivered in care homes, day centres, healthcare settings, and libraries across Northern Ireland.”
- “Craigavon Hospital Workshops were delivered at the Blossom Children's Ward in October 2024.”
- “Primary School Concerts engaged over 4,000 Key Stage 2 pupils from 75 schools, featuring original compositions and a waived venue hire for the Waterfront Hall concert.”
- “Two successful 'Come and Play' days were held in January and March 2025, with 110 participants rehearsing and performing with the full Orchestra.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
20 active · 80 resigned
Showing the first 100 officers on file — Companies House returns these 100 per page and this record sits at that limit, so the list (and any former officers) may be incomplete. Full register on Companies House
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCKINLEY, Barbara | Secretary | 2014-05-01 | — | — |
| BEST, Rachel | Director | 2023-06-15 | May 1982 | British |
| COSTELLOE, Lucy Ellen | Director | 2021-04-22 | Mar 1994 | Irish |
| CROZIER, Miriam Daphne | Director | 2025-01-30 | Apr 1976 | Northern Irish |
| DOHERTY, Paul Gerard | Director | 2025-04-03 | Mar 1979 | Irish |
| EAKIN OBE, Michael George | Director | 2025-11-13 | Aug 1957 | British |
| HENRY MBE, Ian Scott | Director | 2023-09-21 | Jun 1971 | British |
| KEENEY, Michael Patrick | Director | 2024-10-01 | Mar 1976 | British |
| LOWRY, Scott | Director | 2024-02-08 | Jan 1991 | British |
| LUDLOW, Valerie | Director | 2021-03-25 | Feb 1977 | British |
| LYONS, Frank, Professor | Director | 2021-05-27 | May 1964 | Northern Irish |
| MARTIN, Siobhan Mary | Director | 2021-08-03 | Jun 1960 | Irish |
| MORRISON, Leslie David Alexander | Director | 2014-03-19 | Jan 1948 | British |
| MOUTRAY, Stephen William, Alderman | Director | 2023-09-21 | Feb 1959 | British |
| MULHOLLAND, Paul Francis | Director | 2021-10-28 | Jun 1959 | Northern Irish |
| STARK, Colin James | Director | 2024-07-08 | Jan 1956 | British |
| TAYLOR, Mark Steven | Director | 2026-01-28 | Feb 1993 | British |
| VALDERRAMA, Adriana | Director | 2024-10-01 | Apr 1973 | Colombian |
| WALTON, Philip George | Director | 2025-05-29 | Feb 1957 | British |
| WILSON, Roger Ian | Director | 2018-09-11 | Jun 1969 | British |
Show 80 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRUMMEY, Colm | Secretary | 1980-04-01 | 2013-06-20 |
| ADAIR, Mark William | Director | 2013-03-19 | 2014-09-30 |
| ADAIR, Mark William | Director | 2011-03-09 | 2011-09-13 |
| ADAIR, William Mark | Director | 2019-04-11 | 2026-03-11 |
| ADGEY, John | Director | 1980-04-01 | 2000-11-30 |
| ALEXANDER, Michael James | Director | 1980-04-01 | 1999-12-08 |
| BAIN, George Sayers, Professor Sir | Director | 2011-06-28 | 2016-12-13 |
| BELSHAW, Iris Elizabeth | Director | 2011-06-28 | 2014-01-14 |
| BOYD, Raymond | Director | 1980-04-01 | 1999-07-06 |
| BUNTING, Joanne Sharon, Councillor | Director | 2005-09-22 | 2010-01-27 |
| BURNSIDE, Stella | Director | 2006-03-23 | 2011-12-31 |
| BYERS, David | Director | 1980-04-01 | 2002-08-15 |
| CASSIDY, Fiona Anne | Director | 2009-03-12 | 2011-12-31 |
| COLE, William | Director | 2015-12-15 | 2021-12-15 |
| COLGAN, John Conrad | Director | 2003-11-27 | 2011-12-31 |
| COLL (OBE), Harry | Director | 1998-12-03 | 2008-01-24 |
| COLLINS, Bob | Director | 2006-02-16 | 2011-06-28 |
| COLLINS, Michael John | Director | 2021-05-27 | 2022-05-26 |
| COLLINS O.B.E., Thomas Brendan | Director | 1980-04-01 | 2008-01-24 |
| CROZIER, Miriam Daphne | Director | 2020-01-23 | 2021-06-30 |
| CURLETT, Rosalie | Director | 2021-01-28 | 2024-01-28 |
| DAVIDSON, Sheila | Director | 2011-11-02 | 2015-01-23 |
| DAVIES, Philip Thomas | Director | 2013-03-19 | 2015-11-19 |
| DAVIES, Philip Thomas | Director | 1999-12-08 | 2011-09-13 |
| DESMOND, Denis Fitzgerald | Director | 2008-01-24 | 2011-12-31 |
| DOHERTY, Aidan Anthony | Director | 2011-11-03 | 2015-01-23 |
| DOYLE, Maggie | Director | 2017-10-26 | 2019-04-01 |
| DUNLEATH, Dorinda Lady | Director | 1980-04-01 | 2008-01-24 |
| FALLOWS, David John | Director | 1999-10-21 | 2002-09-19 |
| GAULT OBE, Hilary Doreen | Director | 2000-11-30 | 2001-12-06 |
| GIBBONS, Aine Sarah | Director | 2003-11-27 | 2009-03-12 |
| GIBSON, Frances | Director | 2014-03-19 | 2020-03-19 |
| GIBSON, Frances | Director | 2005-04-14 | 2007-03-24 |
| GILLEN, Paul Andrew | Director | 2018-09-11 | 2023-04-08 |
| HARKNESS, George Douglas Blow | Director | 1980-04-01 | 2003-11-27 |
| HARTLEY, Tom Councillor | Director | 2001-09-13 | 2005-06-16 |
| HELLAWELL, Piers Rupert Henry Duncan, Professor | Director | 2014-09-30 | 2020-09-17 |
| HEWITT, Victor Alan | Director | 2013-05-09 | 2017-12-12 |
| HILL, Ian Julian Mccartan | Director | 2008-01-24 | 2010-03-04 |
| JOHNSTON, James Peter | Director | 2016-02-29 | 2017-09-07 |
| JOHNSTON OBE., Bryan Robert | Director | 1980-04-01 | 2000-11-30 |
| KEELING, Fergus, Dr | Director | 2014-09-30 | 2017-05-04 |
| KELLY, Rose Gabrielle | Director | 2015-06-25 | 2018-02-22 |
| KELLY, Rosemary | Director | 1980-04-01 | 2003-09-04 |
| KIRKPATRICK, Thomas James | Director | 2005-09-22 | 2009-09-10 |
| LEWIS, Colin Edward | Director | 2019-04-11 | 2021-10-07 |
| MACCARRICK, Conor Henry | Director | 1980-04-01 | 2008-01-24 |
| MACKENZIE CB, Richard Hill | Director | 2012-01-23 | 2013-11-25 |
| MAGINNESS, Alban, Councillor | Director | 1980-04-01 | 2001-09-13 |
| MASKEY, Conor Liam | Director | 2013-03-19 | 2013-11-25 |
| MASON, Ashley Montague | Director | 1999-12-08 | 2001-12-06 |
| MC CREADIE, David James | Director | 1980-04-01 | 2000-09-13 |
| MC MULLAN, Fr Kevin | Director | 1980-04-01 | 2001-08-23 |
| MC SPARRAN, Christine | Director | 1980-04-01 | 2001-12-06 |
| MCBRIDE, Paul Joseph | Director | 2015-06-25 | 2021-06-25 |
| MCCANN, Arthur John | Director | 2006-03-23 | 2011-12-31 |
| MCCLAY, Robert John | Director | 1999-10-21 | 2001-08-23 |
| MCDONALD (JP), Brian John William | Director | 2000-11-30 | 2005-04-14 |
| MCGOVERN, Declan | Director | 2001-12-06 | 2011-01-07 |
| MCILDUFF, Fergus | Director | 2015-05-07 | 2018-10-25 |
| MCLAUGHLIN, Brenda Mary, Lady | Director | 2008-01-24 | 2014-01-31 |
| MCSORLEY, Michael Paul | Director | 2014-03-19 | 2020-03-19 |
| MILLAR, Ruth | Director | 2021-07-01 | 2024-12-05 |
| MILLINGTON OBE, Gordon Stopford | Director | 1980-04-01 | 1999-12-08 |
| NEALE, Malcolm Croxford | Director | 1980-04-01 | 1999-12-08 |
| NICHOLL, Kate Siobhan | Director | 2017-09-07 | 2019-06-13 |
| PARR, John Robert | Director | 2007-09-27 | 2011-09-13 |
| PEGUERO, Usman Waseem | Director | 2022-02-02 | 2025-02-02 |
| PEOVER, Stephen James | Director | 2016-09-15 | 2020-12-10 |
| PETCU-COLAN, Ioana | Director | 2022-02-02 | 2025-02-02 |
| PRENTER, Stephen Philip | Director | 1980-04-01 | 1999-12-08 |
| QUIGLEY, George William Harry, Sir | Director | 1980-04-01 | 2001-10-18 |
| REA, Desmond Sir, Sir | Director | 2008-01-24 | 2011-12-31 |
| REDPATH, William Charles Alexander | Director | 2015-12-15 | 2019-06-13 |
| ROBINSON, Gavin James, Councillor | Director | 2010-03-02 | 2011-06-28 |
| RODWAY, David James, Councillor | Director | 2010-02-26 | 2011-06-28 |
| SMACZNY, Jan Albert, Professor | Director | 2014-05-01 | 2014-09-30 |
| SMITH, Marion Ina, Alderman Mrs | Director | 2015-06-25 | 2015-11-19 |
| SPENCE, Guy James, Councillor | Director | 2013-03-19 | 2015-06-25 |
| SPRATT, Peter William | Director | 2015-03-12 | 2021-03-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Valerie Ludlow | Individual | Significant influence | 2026-01-28 | Active |
| Mr Roger Ian Wilson | Individual | Significant influence, Significant influence (as trust) | 2021-05-27 | Ceased 2026-01-28 |
| Mr Stephen James Peover | Individual | Significant influence | 2016-12-13 | Ceased 2020-12-10 |
| Mr Leslie David Alexander Morrison | Individual | Significant influence | 2016-12-13 | Active |
Filing timeline
Last 20 of 397 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-02 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-02-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-16 | CH01 | officers | Change person director company with change date | |
| 2025-11-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-05 | CH01 | officers | Change person director company with change date | |
| 2025-09-02 | CH01 | officers | Change person director company with change date | |
| 2025-09-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-19 | CH01 | officers | Change person director company with change date | |
| 2025-08-18 | CH01 | officers | Change person director company with change date | |
| 2025-07-03 | AA | accounts | Accounts with accounts type full | |
| 2025-05-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-09 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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.