Glasgow School of Art.
Registered name: GLASGOW SCHOOL OF ART.
Glasgow School of Art. made £60.4m revenue and £7.9m profit in the year to 31 Jul 2025.
Glasgow School of Art.’s revenue grew 27% to £60.4m in the year to 31 Jul 2025, with £7.9m profit and 405 employees. The company is classified under “first-degree level higher education”; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Scotland
- Age
- 134 yrs · since 1892
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £47.3m | £47.8m | £60.4m |
| Operating profit | — | −£338k | £7.8m |
| Profit before tax | £2.2m | £225k | £7.9m |
| Profit after tax | £2.2m | £225k | £7.9m |
| Profit (best available) | £2.2m | £225k | £7.9m |
| Employees (average) | 399 | 412 | 405 |
| Ratios | |||
| Profit margin | 4.7% | 0.5% | 13.1% |
| Revenue per employee | £119k | £116k | £149k |
| Profit per employee | £5.6k | £546 | £19.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▲1% | ▲26.5% |
| Profit growth | — | ▼90% | ▲3422% |
| Headcount growth | — | ▲3.3% | ▼1.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 13.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £149k
- Revenue ÷ average employees.
- Profit per employee
- £19.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼2%
- Now 405
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from accounts for the year to 31 Jul 2025 (profit £7.9m), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.
Updated from Companies House on 17 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.