AB INBEV BREWING COMPANY (APAC) LIMITED
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Cash
—
Latest balance sheet
Net assets
£23bn
USD 30,471,454,000
-19.4% lowest in 3 filed years
Employees
—
Average over period
Profit before tax
-£5.5bn
USD -7,340,297,000
-1,241.9% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | £359,581,568 | £491,466,369 | -£5,459,623,932 | -1,210.9% | |
| Profit before tax | £213,833,519 | £477,769,602 | -£5,455,441,843 | -1,241.9% | |
| Net profit | £213,833,519 | £477,769,602 | -£5,455,441,843 | -1,241.9% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £28,435,044,965 | £28,400,638,424 | £22,646,937,198 | -20.3% | |
| Net assets | — | £28,102,379,041 | £22,646,937,198 | -19.4% | |
| Equity | £28,130,205,871 | £28,102,379,041 | £22,646,937,198 | -19.4% | |
| Average employees | 0 | 0 | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | 1.3% | 1.7% | -24.1% | |
| Gearing (liabilities / total assets) | — | 1.1% | 0.0% | |
| Current ratio | 1.85x | 0.22x | — | |
| Interest cover | 2.45x | 26.00x | — |
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 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider that the Company has sufficient funds to continue to operate as an intermediate holding company. Additionally, the directors have made enquiries of the parent, Anheuser Busch InBev SA/NV, and are satisfied with their ability to provide financial support. After making enquiries, the directors have a reasonable expectation that the Company has adequate financial resources to continue in operational existence for the foreseeable future.”
Group structure
- AB INBEV BREWING COMPANY (APAC) LIMITED · parent
- Budweiser Brewing Co. APAC Ltd 87.22%
- ABI Southern Financing Limited 14.68%
Significant events
- “In 2025, the Company settled loans of US$421,766 thousand owed to fellow Group undertakings. Upon settlement, a fair value adjustment of US$13,275 thousand was released to interest payable. In addition, amortisation of US$7,182 thousand was recognised in respect of the unwinding of the discount on interest payable to fellow Group undertakings.”
- “In 2025, the Company recognised US$430,520 thousand of impairment loss on its investment in ABI Southern Financing Limited and US$8,016,429 thousand of impairment loss on its investment in Budweiser Brewing Co. APAC Ltd.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRODIES SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2019-05-10 | — | — |
| CALLOU, Yann | Director | 2020-05-11 | Oct 1981 | French |
| CHAPPELL, Ewa | Director | 2025-09-24 | Jun 1980 | British |
| VLESKO, Yulia | Director | 2022-10-16 | Mar 1989 | Russian |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARLINGTON, Daniel | Director | 2023-06-16 | 2023-10-30 |
| BOYD, Samuel | Director | 2024-04-04 | 2025-09-24 |
| CRANWELL, Timiko Naomi | Director | 2023-10-30 | 2024-03-31 |
| DOUWS, Kevin Jean-Frederic | Director | 2019-05-10 | 2020-05-01 |
| JIANG, Sibil | Director | 2019-05-10 | 2021-04-08 |
| TURNER, Stephen John | Director | 2019-05-10 | 2022-10-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ab Inbev Brewing Company Holdings (Apac) Limited | Corporate entity | Shares 75–100% | 2019-05-10 | Active |
Filing timeline
Last 20 of 43 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-16 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-16 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-07-16 | SH20 | capital | Legacy | |
| 2026-07-16 | CAP-SS | insolvency | Legacy | |
| 2026-07-16 | RESOLUTIONS | resolution | Resolution | |
| 2026-07-14 | AA | accounts | Accounts with accounts type full | |
| 2026-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-13 | CH01 | officers | Change person director company with change date | |
| 2024-08-14 | AA | accounts | Accounts with accounts type full | |
| 2024-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-30 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-06-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 2
- Officers appointed
- 1
- 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.