AB INBEV SI LIMITED — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-19 (in 10mo)

Last made up 2026-03-05

Watchouts

None on the register

Cash

—

Latest balance sheet

Net assets

£30B

+26.4% vs 2023

Employees

Average over period

Profit before tax

£3B

+3,051.5% vs 2023

Name history

Renamed 1 time since incorporation

AB INBEV SI LIMITED 2017-06-30 → present
SABMILLER SI LIMITED 2014-03-05 → 2017-06-30

Net assets

2-year trend · vs Industrials median

AB INBEV SI LIMITED·Industrials median · n=6236

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	—	—
Operating profit	£933,590,067	£3,100,832,468
Profit before tax	£95,234,989	£3,001,349,148
Net profit	£95,234,989	£3,001,349,148
Cash	—	—
Total assets less current liabilities	—	—
Net assets	£23,443,567,087	£29,638,139,362
Equity	£23,443,567,087	£29,638,139,362
Average employees	0	0
Wages	—	—

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2023-12-31	2024-12-31
Gearing (liabilities / total assets)	20.2%	0.0%
Current ratio	0.00x	67729.41x
Interest cover	1.11x	30.78x

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.

Audit & accounting basis

Accounting basis: FRS 101
Reporting scope: Standalone (parent only)
Auditor: Moore Kingston Smith LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

AB INBEV SI LIMITED · parent
1. AB InBev Southern Investments Holding Limited 100% · United Kingdom · Holding company
2. AB MAZ Holdings, LLC 81% · United States · Holding company
3. AB InBev SAF Limited · United Kingdom
4. ABI Australia Investment Limited · United Kingdom
5. AB InBev Southern Investments Limited · United Kingdom
6. AB InBev Holdings SH Limited · United Kingdom
7. Backus Corporativo SAC · Peru
8. Bavaria & Cía SCA · Colombia
9. Beverage Brand & Patents Company SA · Ecuador
10. Cerveceria del Valle SAS · Colombia
11. Industria Gráfica Latinoamérica SAS · Colombia
12. Cerveceria Union SA · Colombia
13. Impresora del Sur SAS · Colombia
14. Sociedad Portuaria Bavaria SA · Colombia
15. Cerveceria Nacional Holding SA · Colombia
16. Compañia Cervecera Ambev Peru SAC · Peru
17. Cervecería Barbarian SAC · Peru
18. Distribuidora Barbarian SAC · Peru
19. Kopps Comercial SAS · Colombia
20. Inversiones Nixa SA · Colombia
21. ZX Ventures Colombia SAS · Colombia
22. Cerveceria BBC de la Sabana · Colombia
23. Pacific Brewery SA · Panama
24. Cervecería Nacional SA · Ecuador
25. Transportes TEV SAS · Colombia
26. Inmobiliarias IDE (Industrias del Envase) SA · Peru
27. Unión de Cervecerías Peruanas Backus y Johnston · Peru
28. Backus Marcas y Patentes · Peru
29. Consorcio Brew Capital · Peru
30. Backus Servicio de Ventas · Peru
31. Backus Ya SAC · Peru
32. Cervecería San Juan · Peru
33. San Juan Marcas y Patentes · Peru
34. Dinadec SA · Ecuador
35. Distribuidora Coronel Portillo SAC · Peru
36. Fundación Backus · Peru
37. Fundacion Backus Pro Fauna en Vias de Extincion · Peru
38. Naviera Oriente SAC · Peru
39. Inversiones Bolivianas SA · Peru
40. Transportes 77 SA · Peru
41. San Ignacio SA en Liquidación SA · Peru
42. Compañía Salvadoreña de Bebidas, Ltda. de CV · El Salvador
43. Inversiones AB InBev Colombia SAS · Colombia
44. AB MAZ Holdings II LLC · United States
45. ABI Modelo Holding Ltd. · United Kingdom
46. ABI Central America Holding Ltd. · United Kingdom
47. ABI Lager Finance SARL · Luxembourg
48. ABI Middle Americas Holding II Limited · United Kingdom
49. AB InBev Holding Ecuador AB · Ecuador
50. InBev SAS · Ecuador
51. Tada Ecuador SAS · Ecuador
52. Anheuser-Busch Netherlands Holding II BV · Netherlands
53. Cervecería Modelo de México S de RL de CV · Mexico
54. AB Mexico International Investments LP · United Kingdom
55. Agencia Modelo del Istmo S de RL de CV · Mexico
56. Artesanas de Malta y Cebada, S de RL de CV · Mexico
57. Cebadas y Maltas, S de RL de CV · Mexico
58. Cerveceria del Pacifico, S de RL de CV · Mexico
59. Cerveceria Modelo de Guadalajara S de RL de CV · Mexico
60. Cerveceria Modelo de Torreon S de RL de CV · Mexico
61. Cerveceria Modelo del Centro S de RL de CV · Mexico
62. Cerveceria Modelo S de RL de CV · Mexico
63. Cerveceria Yucateca, S de RL de CV · Mexico
64. Cerveza Canal Moderno S de RL de CV · Mexico
65. Cobranza Modelo S de RL de CV · Mexico
66. Compania Cervecera de Zacatecas, S de RL de CV · Mexico
67. Compania Cervecera del Trópico, S de RL de CV · Mexico
68. Desarrolladora Integral de Negociosd de Culiacan · Mexico
69. DESARROLLO INMOBILIARIO SIGLO XXI S.A. DE C.V. · Mexico
70. Detallistas Mexicanos Modelo S de RL de CV · Mexico
71. Difa Arrendadora S de RL de CV · Mexico
72. Dispamocusa SA de CV · Mexico
73. Distribuidora de Cervezas Modelo en Chihuahua S de RL de CV · Mexico
74. Distribuidora de Cervezas Modelo en el Norte S de RL de CV · Mexico
75. Distribuidora de Tabasco S de RL de CV · Mexico
76. Distribuidora Industrial de Cuichapa S de RL de CV · Mexico
77. Distribuidora Pacifico y Modelo de Culiacan S de RL de CV · Mexico
78. Empresarios Detallistas de Mexico S de RL de CV · Mexico
79. Envases y Tapas Modelo S de RL de CV · Mexico
80. Extractos y Maltas SA de CV · Mexico
81. Industria del Campo SA de CV · Mexico
82. Extrade II SA de CV · Mexico
83. Fleza SA de CV · Mexico
84. Transportes Empresariales S de RL de CV · Mexico
85. Industria Decoradora de Envases S de RL de CV · Mexico
86. Industria Vidriera del Potosí S de RL de CV · Mexico
87. Inmobiliaria y Promotora de Inmuebles SA de CV · Mexico
88. La Liga de la Cerveza S de RL de CV · Mexico
89. Seguridad Privada Modelo SA de CV · Mexico
90. Servicios Logísticos Modelorama, S de RL de CV · Mexico
91. Soluciones Modelo SAPI de CV · Mexico
92. Sofom Snr · Mexico
93. Trademarks Grupo Modelo S de RL de CV · Mexico
94. Z-TECH Sí Hay, SAPI de CV · Mexico
95. Diblo Corporativo, SA de CV · Mexico
96. Distribuidora Macfe S de RL de CV · Mexico
97. Extrade SA de CV · Mexico
98. Gmodelo Canada Inc. · Canada
99. GModelo Europa SAU · Spain
100. Manantiales la Asuncion SAPI de CV · Mexico
101. Multiservicios Nacionales Modelo S de RL de CV · Mexico
102. Procermex, Inc. · United States
103. Promotora Deportiva y Cultural de la Laguna SA de CV · Mexico
104. Winkel Media, SAPI de CV · Mexico
105. ABI Southern Financing Limited · United Kingdom
106. Bevco Interaméricas SLU · Spain
107. Cervecería Hondureña SA de CV · Honduras
108. BEES Technology SA de CV · Honduras
109. Comercializadora Cervecera, SA de CV · Honduras
110. Compañía Cervecera Hondureña, SA de CV · Honduras
111. Compañía de Crédito, SA de CV · Honduras
112. Envases Industriales Hondureñas, SA · Honduras
113. Punto a Punto SA de CV · Honduras
114. La Constancia Ltda. de CV · El Salvador
115. Negocios Inmobiliarios Agroindustriales, Ltda. de CV · El Salvador
116. Tres Montañas, Ltda. de CV · El Salvador
117. ABI Southern Investment Limited · United Kingdom
118. BCA - Bebidas de Calidad Para Argentina SA · Argentina

Significant events

“The Company recorded a profit for the financial year ended 31 December 2024 of US$4,048,820 thousand (2023: US$128,472 thousand).”
“During the year, the Company received total dividend income of US$4,183,039 thousand (2023: US$1,259,427 thousand) from fellow Group undertakings.”
“The directors declared and settled interim dividends for the financial year ended 31 December 2024 of US$15,000 thousand (2023: US$898,500 thousand).”
“In 2024, the Company granted a new loan to a fellow Group undertaking.”
“In 2024, the Company received a cash distribution of US$4,183,039 thousand and a cash contribution of US$4,322,658 thousand. Following these receipts, the Company settled US$8,000,000 thousand of loans owed to fellow Group undertakings in cash.”
“In 2024, the Company issued 2 A Ordinary shares with a nominal value of US$1.00 each, in exchange for a cash consideration of US$4,322,658 thousand.”

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

People

4 active · 18 resigned

Name	Role	Appointed	Born	Nationality
BRODIES SECRETARIAL SERVICES LIMITED	Corporate Secretary	2017-03-01	—	—
CALLOU, Yann	Director	2020-05-11	Oct 1981	French
CHAPPELL, Ewa	Director	2025-09-24	Jun 1980	British
VLESKO, Yulia	Director	2022-10-17	Mar 1989	Russian

Show 18 resigned officers

Name	Role	Appointed	Resigned
WARNER, William	Secretary	2014-03-05	2017-09-29
ARLINGTON, Daniel	Director	2022-12-13	2023-10-30
BALCHIN, Victoria Jane	Director	2014-09-01	2016-09-30
BOMANS, Yannick	Director	2017-09-01	2018-06-25
BOUCHER, Timothy Montfort	Director	2014-03-05	2017-09-29
BOYD, Samuel	Director	2024-04-04	2025-09-24
CRANWELL, Timiko Naomi	Director	2021-09-01	2024-03-31
DAVIDSON, John	Director	2016-09-20	2017-03-08
DOUWS, Kevin Jean-Frederic	Director	2018-06-25	2020-05-01
GAY, Jonathan Keith	Director	2014-03-05	2016-09-30
JIANG, Sibil	Director	2018-06-25	2021-04-08
JONES, Stephen Mark	Director	2017-01-18	2017-07-28
LEAROYD, Philip Halkett Brook	Director	2014-03-05	2016-09-30
MALLAC, David Philippe	Director	2014-03-05	2016-09-30
PALMIERI, Ana	Director	2021-09-01	2022-04-18
SHAPIRO, Stephen Victor	Director	2014-03-05	2015-09-03
TURNER, Stephen John	Director	2017-03-08	2022-10-17
VIDELO, Stephanie Ruth	Director	2014-03-05	2014-08-04

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Ab Inbev Southern Capital Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2016-04-06	Active

Filing timeline

Last 20 of 104 total filings

Date	Type	Category	Description
2026-03-05	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-12-31	AAMD	accounts	Accounts amended with accounts type full
2025-12-31	AAMD	accounts	Accounts amended with accounts type full
2025-10-02	AA	accounts	Accounts with accounts type full
2025-09-29	AP01	officers	Appoint person director company with name date	PDF
2025-09-24	TM01	officers	Termination director company with name termination date	PDF
2025-03-19	CS01	confirmation-statement	Confirmation statement with updates	PDF
2025-01-13	CH01	officers	Change person director company with change date	PDF
2024-08-14	AA	accounts	Accounts with accounts type full
2024-04-22	SH01	capital	Capital allotment shares	PDF
2024-04-04	AP01	officers	Appoint person director company with name date	PDF
2024-04-02	TM01	officers	Termination director company with name termination date	PDF
2024-03-19	CS01	confirmation-statement	Confirmation statement with updates	PDF
2024-01-21	SH01	capital	Capital allotment shares
2023-10-30	TM01	officers	Termination director company with name termination date	PDF
2023-09-28	AA	accounts	Accounts with accounts type full
2023-03-17	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-12-13	CH01	officers	Change person director company with change date	PDF
2022-12-13	AP01	officers	Appoint person director company with name date	PDF
2022-10-19	TM01	officers	Termination director company with name termination date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 6
Capital events: 0
Officers appointed: 1
Officers resigned: 1

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

—

Not reported
Cash

—

Not reported
Net assets

+26.4%

£23,443,567,087 £29,638,139,362
Employees

—

Not reported
Operating profit

+232.1%

£933,590,067 £3,100,832,468
Profit before tax

+3,051.5%

£95,234,989 £3,001,349,148

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

Official Companies House page