47153 AG Barr Annual Report 2025 AW4 SQ WEB - Flipbook - Page 193
Strategic Report
Corporate Governance
Accounts
30. Subsidiaries
The Group’s subsidiaries at 28 January 2024 are set out below. Unless otherwise stated, they have share capital consisting solely of ordinary shares that are held directly by the
Group, and the proportion of ownership interests held equals the voting rights held by the Group. The country of incorporation or registration is also their principal place of business.
Ownership interest
held by the Group
Name of entity
Place of business/
country of incorporation
Address
2025
%
2024
% Principal activities
FUNKIN Limited*
FUNKIN USA Limited*
Rubicon Drinks Limited*
A.G. BARR Capital Partner Limited*
A.G. BARR General Partner Limited*
A.G. BARR Pension Trustee Limited
A.G. BARR Scottish Limited Partnership
Robert Barr Limited
Mandora St Clements Limited
Tizer Limited
A.G. BARR (Ireland) Limited
MOMA Foods Ltd*
Boost Drinks Holdings Limited (dissolved)
Boost Drinks Limited*
Rio Tropical Limited (dissolved)
UK
USA
UK
UK
UK
UK
UK
UK
UK
UK
Republic of Ireland
UK
UK
UK
UK
Milton Keynes
Milton Keynes
Milton Keynes
Milton Keynes
Cumbernauld
Cumbernauld
Cumbernauld
Cumbernauld
Milton Keynes
Milton Keynes
Dublin
Milton Keynes
Milton Keynes
Milton Keynes
Milton Keynes
100
100
100
100
100
100
100
100
100
100
100
100
–
100
–
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
*
Distribution and selling of cocktail solutions
Distribution and selling of cocktail solutions
Distribution of fruit-based soft drinks
Investment holding company
Investment holding company
Investment holding company
Investment holding company
Non-trading entity
Non-trading entity
Non-trading entity
Non-trading entity
Distribution and selling of oat drinks and cereals
Investment holding company
Distribution and selling of soft drinks
Distribution of soft drinks
Under section 479A of the Companies Act 2006 the Group is claiming exemption from audit for the subsidiary company with an "*" in the table above. The parent undertakings, A.G. BARR p.l.c., registered number SC005653,
guarantees all outstanding liabilities to the which the subsidiary company is subject at the end of the financial year (being the year ended 25 January 2025 for each company). The guarantee is enforceable against the parent
undertaking by any person to whom the subsidiary company is liable in respect of those liabilities.
The full address for Cumbernauld is: Westfield House, 4 Mollins Road, Cumbernauld, Scotland, G68 9HD.
The full address for Milton Keynes is: Crossley Drive, Magna Park, Milton Keynes, England, MK17 8FL.
The full address for Dublin is: 25-28 North Wall Quay, Dublin 1, Dublin, Ireland.
31. Subsequent events
In February 2025 we announced a reorganisation to simplify our business around a single AG Barr organisation. The new model will result in a single, integrated FUNKIN
and soft drinks business that will simplify processes, remove duplication and better position us to meet our growth ambitions. The associated costs of this integration are
anticipated to be in the region of c.£1m.
In March 2025 we announced the intention to discontinue the Strathmore brand later in the year ending 31 January 2026, which, subject to employee consultation, could lead
to the closure of the Forfar manufacturing site.
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