Midwich Group Balance Sheet

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	53.98	49.16	56.14	25.86	15.48
Trading Asset Securities	-	-	-	4.63	0.36
Cash & Short-Term Investments	53.98	49.16	56.14	30.49	15.84
Cash Growth	9.81%	-12.43%	84.14%	92.48%	-37.85%
Accounts Receivable	179.99	174.56	185.21	193.03	109.09
Other Receivables	10.99	10.73	5.2	6.5	3.27
Receivables	190.98	185.29	190.4	199.53	112.36
Inventory	185.09	174.45	165.59	159.82	125.83
Prepaid Expenses	14.22	16.33	18.74	19.09	11.9
Other Current Assets	0.43	0.57	0.05	-	0.13
Total Current Assets	444.7	425.8	430.92	408.92	266.05
Property, Plant & Equipment	36.22	38.75	37.69	36.52	31.62
Long-Term Investments	0.91	0.39	0.3	-	-
Goodwill	60.44	60.42	51.22	35.77	21.16
Other Intangible Assets	82.3	123.55	117.01	76	51.97
Long-Term Deferred Tax Assets	-	0.15	0.62	2.57	2.73
Other Long-Term Assets	0.74	1.61	2.03	-	-
Total Assets	625.31	650.66	639.78	559.77	373.53
Accounts Payable	222.94	192.16	162.79	175.63	106.38
Accrued Expenses	17.34	19.6	51.66	53.59	35.82
Short-Term Debt	-	-	-	-	30.86
Current Portion of Long-Term Debt	31.67	38.9	44.53	40.9	0.04
Current Portion of Leases	5.45	6.15	4.61	4.05	3.15
Current Income Taxes Payable	1.86	1.34	0.18	-	2.87
Current Unearned Revenue	1.97	1.44	1.47	-	-
Other Current Liabilities	5.79	15.88	33.99	10.97	4.68
Total Current Liabilities	287	275.47	299.23	285.15	183.8
Long-Term Debt	148.33	140.86	94.18	80.93	42.56
Long-Term Leases	15.61	16.68	19	19.39	17.84
Pension & Post-Retirement Benefits	2.03	2.01	1.56	1.23	1.63
Long-Term Deferred Tax Liabilities	7.83	20.57	18.92	10.58	5.07
Other Long-Term Liabilities	4.44	5.92	10.74	28.36	8.24
Total Liabilities	465.24	461.51	443.64	425.64	259.13
Common Stock	1.05	1.04	1.03	0.89	0.89
Additional Paid-In Capital	116.96	116.96	116.96	67.05	67.05
Retained Earnings	42.16	69.74	63.09	46.02	39.08
Treasury Stock	-0.61	-0.62	-0.62	-0.01	-0.01
Comprehensive Income & Other	0.52	-5.9	-7.21	6.78	-1.89
Total Common Equity	160.07	181.22	173.26	120.74	105.12
Minority Interest	-	7.93	22.89	13.4	9.28
Shareholders' Equity	160.07	189.15	196.14	134.13	114.4
Total Liabilities & Equity	625.31	650.66	639.78	559.77	373.53
Total Debt	201.06	202.59	162.33	145.28	94.45
Net Cash (Debt)	-147.07	-153.43	-106.19	-114.79	-78.61
Net Cash Per Share	-1.43	-1.45	-1.07	-1.26	-0.87
Filing Date Shares Outstanding	103.81	102.77	101.56	90.69	88.22
Total Common Shares Outstanding	103.21	102.47	101.56	88.38	88.22
Working Capital	157.7	150.33	131.68	123.77	82.25
Book Value Per Share	1.55	1.77	1.71	1.37	1.19
Tangible Book Value	17.33	-2.74	5.03	8.97	31.99
Tangible Book Value Per Share	0.17	-0.03	0.05	0.10	0.36
Land	0.61	0.61	0.61	0.61	0.61
Buildings	4.68	4.43	4.45	4.47	4.36
Machinery	7.78	9.59	12.39	9.89	7.89
Leasehold Improvements	2.77	3.29	3.77	3.72	2.88

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.