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1h ago

Eden Project Losses Double as Visitor Numbers Slide

Newly filed accounts point to weaker trading, higher costs, a delayed Morecambe expansion.

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The Eden Project in Cornwall was welcoming more than a million visitors a year before the pandemic
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Overview

  • Accounts for the year to 31 March 2025 show a pre-tax loss of about £3.5m, up from £1.5m the year before.
  • Turnover declined to roughly £23.1m as attendance fell 10% to 543,000 visitors, around half of pre-pandemic levels.
  • A major restructuring early in 2025 removed about 70 to 75 roles, which the organisation said was intended to reduce employment costs.
  • Annual running and administrative expenses have climbed by more than £6m since 2019 to about £31.5m, with inflation and higher national insurance cited as pressures.
  • The planned Eden Project North in Morecambe is now scheduled to begin construction in summer 2026 for a late-2028 opening, costed at about £100m–£125m with roughly half funded by the UK government.