GROSVENOR CASINOS LIMITED

1. GROSVENOR CASINOS LIMITED 1996-01-02 → present
2. GROSVENOR CLUBS LIMITED 1992-08-27 → 1996-01-02
3. COUNTY CLUBS LIMITED 1989-05-10 → 1992-08-27
4. PLEASURAMA CASINOS LIMITED 1966-04-18 → 1989-05-10

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have assessed going concern of the Company and conclude that they are dependent on the Group to provide support to reach that conclusion. As a member of the Group intra-funding structure, the Company has access to capital resources. In the unlikely event that such support is called upon, the Directors have assessed the willingness and ability to provide the level of financial support required from Rank Group Finance Plc, which manages the Group's treasury function.”

Significant events

• “The results for the Company show a pre-tax profit of £3.8m for the year (2024: profit of £2.7m) and revenue of £240.4m (2024: £219.4m).”
• “Included within the profit for the year is a £0.7m gain in respect of separately disclosed items, which mainly relates to impairment reversals (2024: a £0.7m charge; mainly related to impairment charges).”
• “The Grosvenor Casinos business is the largest land-based casino operator in the UK with 50 venues in most of the largest towns and cities across the UK.”
• “The Gambling Act Review reforms, which will deliver material benefits to the Grosvenor business. Additional gaming machines will be rolled out in our venues, commencing in Q1 2025/26.”
• “The major refurbishment works at the Grosvenor Victoria Casino ('The Vic') on London's Edgeware Road, which took place from October 2024 and successfully concluded in July 2025.”
• “Employment costs have significantly increased since April 2025 as a result of the increase to the National Living Wage (annualised cost impact of c. £5m), and higher employer National Insurance contributions (annualised cost impact of c. £4m).”
• “Our investment in venues in 2024/25 has included two significant capex projects, including the conclusion of the work in Grosvenor Leicester (cost of £4.0m) and in The Vic in London (cost of c. £15.0m).”
• “The Company recognised impairment charges of £0.9m (2024: £4.3m) and impairment reversals of £2.5m (2024: £5.1m) during the year.”
• “The balance sheet as at 30 June 2025 shows net current assets of £18.1m (2024: £34.7m). The reduction in net current assets in the year is mainly due to a decrease in cash, together with increased trade and other payables.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +9.5%

  £219,445,000 → £240,376,000

• Cash

  -41%

  £25,647,000 → £15,133,000

• Net assets

  +1.6%

  £132,044,000 → £134,109,000

• Employees

  +2.7%

  2,888 → 2,967

• Operating profit

  +444.3%

  £1,052,000 → £5,726,000

• Profit before tax

  +42.2%

  £2,698,000 → £3,837,000

• Wages

  +11.9%

  £66,841,000 → £74,807,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers