Midwich Group plc (AIM:MIDW)

Midwich Group Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	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

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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 Growth	-	-	-	-	-
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

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 24, 2026

Data Sources Report a data error