HILTON GRAND VACATIONS UK LIMITED

1. HILTON GRAND VACATIONS UK LIMITED 2016-09-16 → present
2. HLT CRAIGENDARROCH SUITES LIMITED 2012-12-19 → 2016-09-16

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 Company's activities, together with the factors likely to affect its future development, its competitive and economic risks are set out in the "Principal Activity and Business Review" and "Principal Risks and Uncertainties" section in the Strategic Report. The financial statements have been prepared under the going concern basis because the Company's ultimate parent, Hilton Grand Vacations Inc. has provided a letter of support stating it will provide financial support, should it be needed, to enable the Company to meet its debts as they become due within the period up to 30 September 2026. In addition to obtaining a letter of support, the Company has determined that it can sufficiently rely on this support as a result of the conclusion reached by Hilton Grand Vacations Inc. related to its own going concern assessment which covered a period up to 30 September 2026. As part of this assessment, Hilton Grand Vacations Inc. concluded that it can meet its own obligations as well as those of all of its consolidating subsidiaries, including Hilton Grand Vacations UK Limited, upon reviewing its consolidated forecasted revenues and expenses for the aforementioned period. The directors have not identified any conditions or events that raise substantial doubt about the Company's ability to continue as a going concern.”

Group structure

1. HILTON GRAND VACATIONS UK LIMITED · parent
   1. Hilton Grand Vacations Mexico S. de R.L. de C.V. 99% · Mexico · timeshare operator
   2. Hilton Grand Vacations Barbados Limited 100% · England · timeshare operator
   3. Hilton Grand Vacations Italy S.r.L 100% · Italy · timeshare operator
   4. Hilton Grand Vacations Japan, LLC 100% · Japan · timeshare operator
   5. Hilton Grand Vacations Japan Management LLC 100% · Japan · timeshare operator
   6. Hilton Grand Vacations Florida LLC 100% · U.S.A. · timeshare operator
   7. Hilton Grand Vacations H Mexico S. de R.L. de C.V 99% · Mexico · timeshare operator
   8. Hilton Grand Vacations SHI S. de R.L. de C.V 99% · Mexico · timeshare operator

Significant events

• “During the financial year, the Company received a partial settlement for the unsecured credit agreement previously issued to Diamond Resorts (Europe) LTD (succursal en Espana), an indirect affiliate of the Company, for the amount of £1,935,669. The excess cash on hand was then passed through Hilton Grand Vacations UK Holding Limited to the parent entity Hilton Resorts Corporation via dividend.”
• “During the financial year, the Company received a settlement for accrued interest associated to the unsecured credit agreement previously issued on 24 April 2018 by the Company to Hilton Grand Vacations Mexico, S. de R.L. de C.V. in the amount of £2,265,154. The excess cash received from the settlement was ultimately passed through Hilton Grand Vacations UK Holding Limited to the parent entity Hilton Resorts Corporation via dividend.”
• “On 25 August 2025, subsequent to the financial year ended 31 December 2024, the Company received and ultimately passed on a return of capital to move excess cash from Hilton Grand Vacations Barbados Limited in the amount of £4,830,918 through Hilton Grand Vacations UK Holding Limited to the parent entity Hilton Resorts Corporation via dividend.”
• “Additionally, on 20 August 2025 the Company received a settlement for the unsecured credit agreement previously issued to Diamond Resorts (Europe) LTD (succursal en Espana), an indirect affiliate of the Company, for the amount of £2,149,829. The excess cash received from the settlement was then passed through Hilton Grand Vacations UK Holding Limited to the parent entity Hilton Resorts Corporation via dividend.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -24.8%

  £8,867,819 → £6,667,499

• Cash

  -6.5%

  £1,906,041 → £1,781,598

• Net assets

  -4.2%

  £81,493,809 → £78,054,333

• Employees

  -6.3%

  174 → 163

• Operating profit

  +29.8%

  -£680,815 → -£477,716

• Profit before tax

  +3.2%

  -£403,232 → -£390,341

• Wages

  -19.2%

  £2,555,060 → £2,064,601

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