Stelrad 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	18.98	18.63	21.44	22.64	15.56
Cash & Short-Term Investments	18.98	18.63	21.44	22.64	15.56
Cash Growth	1.85%	-13.10%	-5.30%	45.48%	-22.51%
Accounts Receivable	43.51	42.28	47.62	55.74	42.75
Other Receivables	3.19	2.86	2.71	4.43	3.42
Receivables	46.7	45.14	50.32	60.17	46.17
Inventory	62.4	67.31	63.38	77.85	56.78
Prepaid Expenses	0.81	0.57	0.59	0.56	0.67
Other Current Assets	-	0.29	-	-	-
Total Current Assets	128.89	131.95	135.74	161.22	119.18
Property, Plant & Equipment	72.49	79.17	87.25	91.6	53.69
Goodwill	-	2.61	2.73	1.29	-
Other Intangible Assets	0.35	2.05	2.52	2.56	-
Long-Term Deferred Tax Assets	4.84	4.82	6.69	5.4	6.28
Other Long-Term Assets	0.3	0.28	0.3	0.32	0.01
Total Assets	206.87	220.88	235.22	262.4	179.17
Accounts Payable	44.04	46.58	49.26	73.9	57.75
Accrued Expenses	6.15	4.47	6.47	6.45	3.93
Current Portion of Leases	2.58	2.21	2.47	1.52	1.79
Current Income Taxes Payable	1.47	0.55	1.69	1.83	1.52
Other Current Liabilities	18.16	18.91	25.65	19.78	22.38
Total Current Liabilities	72.4	72.72	85.55	103.48	87.38
Long-Term Debt	69.43	77.66	80.83	90	55.34
Long-Term Leases	4.98	5.67	7.4	8.52	7.52
Pension & Post-Retirement Benefits	4.63	5.12	4.05	4.54	1.73
Long-Term Deferred Tax Liabilities	0.22	0.21	0.22	2.61	0.13
Other Long-Term Liabilities	1.83	1.91	1.98	1.8	0.16
Total Liabilities	153.49	163.29	180.02	210.95	152.26
Common Stock	0.13	0.13	0.13	0.13	127.35
Additional Paid-In Capital	-	-	-	-	13.39
Retained Earnings	231.25	239.79	233.33	227.85	57.81
Comprehensive Income & Other	-178	-182.32	-178.26	-176.53	-171.65
Shareholders' Equity	53.38	57.59	55.2	51.45	26.91
Total Liabilities & Equity	206.87	220.88	235.22	262.4	179.17
Total Debt	76.99	85.54	90.7	100.03	64.66
Net Cash (Debt)	-58.01	-66.91	-69.25	-77.39	-49.1
Net Cash Per Share	-0.46	-0.52	-0.54	-0.61	-0.39
Filing Date Shares Outstanding	127.35	127.35	127.35	127.35	127.35
Total Common Shares Outstanding	127.35	127.35	127.35	127.35	127.35
Working Capital	56.5	59.23	50.19	57.74	31.8
Book Value Per Share	0.42	0.45	0.43	0.40	0.21
Tangible Book Value	53.03	52.94	49.94	47.59	26.91
Tangible Book Value Per Share	0.42	0.42	0.39	0.37	0.21
Land	46.8	44.87	46.2	46.47	21.83
Buildings	12.18	12.23	12.74	12.22	11.02
Machinery	98.81	101.41	101.36	94.62	54.83
Construction In Progress	2.72	1.76	1.27	7.27	4.77

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