APAC HOLDCO LIMITED
Operating as a subsidiary of Ibex Retail Investments Limited, the company acts as a retail holding entity linked to the Steinhoff International corporate structure.
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Cash
£12K
EUR 13,804
Latest balance sheet
Net assets
£26M
EUR 30,777,433
Equity attributable
Employees
5
Average over period
Profit before tax
-£582K
EUR -678,505
Period ending 2023-09-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
The Company therefore does not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern as described in Note 2.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
1-year trend · vs Consumer Discretionary median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | Δ vs prior |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£10,161 | — | |
| Profit before tax | -£581,659 | — | |
| Net profit | -£581,659 | — | |
| Cash | £11,834 | — | |
| Total assets less current liabilities | £26,384,426 | — | |
| Net assets | £26,384,426 | — | |
| Equity | £26,384,426 | — | |
| Average employees | 5 | — | |
| Wages | — | — | |
| Directors' remuneration | — | — |
Figures converted to GBP from EUR at 0.857 per EUR (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 —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-30 |
|---|---|---|
| Return on capital employed | -0.0% | |
| Gearing (liabilities / total assets) | 85.9% | |
| Current ratio | 0.00x | |
| Interest cover | -0.00x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“The Company therefore does not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern as described in Note 2.”
Group structure
- APAC HOLDCO LIMITED · parent
- Greenlit Brands Pty Ltd 100%
- Greenlit Brands Household Goods Pty Ltd 100%
- Greenlit Brands Corporate Solutions Pty Ltd 100%
- Bravoscar Finance Company Pty Ltd 100%
- Freedom Furniture Australia Pty Ltd 0%
- ACN 099 553 036 Pty Ltd 100%
- Freedom Furniture New Zealand Ltd 0%
- Unitrans Asia Pacific Pty Ltd 0%
- GLB Household Goods IP Company Pty Ltd 0%
- ACN 120 315 068 Pty Ltd 100%
- Fantastic Metal Furniture Manufacturers Pty Limited 100%
- Fantastic Manufacturing Vietnam Company Ltd 100%
- FF HoldCo Pty Ltd 100%
- FF Brands Pty Ltd 100%
- Fantastic Manufacturing Pty Ltd 100%
- Fantastic Furniture Pty Limited 100%
- Fantastic Furniture Limited 100%
- Fantastic Furniture - The Package Deal Kings Limited 100%
- FHL Distribution Centre Pty Limited 100%
Significant events
- “On 30 November 2025, the Ibex Group submitted an Amendment and Waiver Request Letter, to which consent was received on 5 December 2025. The Amendment and Waiver Consent introduces amendments intended to align the financing arrangements with the Group's simplified structure. The principal amendment affecting the Company is to postpone the due date of the SEAG and SFHG indebtedness from 30 June 2026 to 31 December 2028, with potential further extensions to 31 December 2029 and 31 December 2030 subject to approval by lenders holding more than 60% of SEAG Second Lien Commitments, with intercompany facility agreements and loans following this extension.”
- “Subsequent to the reporting date, the remaining AUD 100 million (€56 million) from the proceeds from the Freedom disposal was utilised by the Company to repay a portion of the amounts due to group undertakings.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DU PREEZ, Louis Jacobus | Director | 2020-09-23 | May 1969 | South African |
| MAHONEY, Sean Owen | Director | 2025-06-01 | Aug 1962 | American |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Neil Graeme | Director | 2020-09-23 | 2025-05-31 |
| LEE, Heyoung H | Director | 2020-09-23 | 2023-10-02 |
| MAHAJAN, Sandip | Director | 2020-09-23 | 2023-06-30 |
| SOLDATOS, Paul Williams | Director | 2020-09-23 | 2025-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Steenbok Newco 4 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-09-23 | Active |
Filing timeline
Last 20 of 28 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | AA | accounts | Accounts with accounts type full | |
| 2025-12-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-08 | AA | accounts | Accounts with accounts type full | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-19 | AA | accounts | Accounts with accounts type full | |
| 2024-01-08 | CH01 | officers | Change person director company with change date | |
| 2023-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-10 | AA | accounts | Accounts with accounts type full | |
| 2022-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-07 | AA | accounts | Accounts with accounts type full | |
| 2022-01-10 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-10-26 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.