Shares Magazine
410.00p-1.00 (-0.24%)18 Apr 2024, 09:00
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Midwich Group PLC Fundamentals
| Company Name | Midwich Group PLC | Last Updated | 2024-04-18 |
|---|---|---|---|
| Industry | Electronics & Computer Distribution | Sector | Technology |
| Shares in Issue | 102.550 m | Market Cap | £420.46 m |
| PE Ratio | 15.19 | Dividend per Share | £0.16 |
| Dividend Yield | 3.89 | Dividend Cover | 1.69 |
| EPS | £0.27 | EPS Growth (%) | 0.91 |
| PEG | 0 | DPS Growth (%) | 0.3008 |
| Debt Ratio | 0.2480 | Debt Equity Ratio | 0.6533 |
| Asset Equity Ratio | 3.3367 | Cash Equity Ratio | 0.2862 |
| Quick Ratio | 0.8918 | Current Ratio | 1.43 |
| Price To Book Value | 2.4325 | ROCE | 0 |
Midwich Group PLC Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|---|---|---|---|---|
| Prelim | 2024-05-09 | 2024-06-14 | GBP | 0.1100 | |
| Interim | 2023-09-21 | 2023-10-27 | GBP | 0.0550 | |
| Prelim | 2023-05-04 | 2023-06-16 | GBP | 0.1050 | |
| Interim | 2022-09-15 | 2022-10-26 | GBP | 0.0450 | |
| Prelim | 2022-05-05 | 2022-06-17 | GBP | 0.0780 | |
| Interim | 2021-09-16 | 2021-10-25 | GBP | 0.0330 |
Midwich Group PLC Company Financials
| Assets | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible Assets | £37.69 m | £36.52 m | £31.62 m |
| Intangible Assets | £168.22 m | £111.77 m | £73.14 m |
| Investments | £299,000.00 | 0 | 0 |
| Total Fixed Assets | £206.83 m | £150.85 m | £107.48 m |
| Stocks | £165.59 m | £159.82 m | £125.83 m |
| Debtors | £223.83 m | £218.61 m | £112.36 m |
| Cash & Equivalents | £56.13 m | £25.86 m | £15.48 m |
| Other Assets | £617,000.00 | £2.57 m | 0 |
| Total Assets | £654.47 m | £559.77 m | £373.53 m |
| Liabilities | 2023 | 2022 | 2021 |
|---|---|---|---|
| Creditors within 1 year | £313.92 m | £285.15 m | £183.80 m |
| Creditors after 1 year | £144.40 m | £140.49 m | £75.33 m |
| Other Liabilities | 0 | 0 | 0 |
| Total Liabilities | £458.32 m | £425.64 m | £259.13 m |
| Net assets | £196.14 m | £134.13 m | £114.40 m |
| Equity | 2023 | 2022 | 2021 |
|---|---|---|---|
| Called up share capital | £1.03 m | £889,000.00 | £887,000.00 |
| Share Premium | £117.01 m | £67.10 m | £67.10 m |
| Profit / Loss | £36.55 m | £24.92 m | £18.89 m |
| Other Equity | £173.25 m | £120.74 m | £105.12 m |
| Preference & Minorities | £22.89 m | £13.40 m | £9.28 m |
| Total Capital Employed | £196.14 m | £134.13 m | £114.40 m |
| Ratios | 2023 | 2022 | 2021 |
|---|---|---|---|
| Debt Ratio | £0.40 | £0.45 | £0.36 |
| Debt-to-Equity | £0.65 | £0.83 | £0.57 |
| Assets / Equity | 3.3367 | 3.3367 | 3.3367 |
| Cash / Equity | 0.2862 | 0.2862 | 0.2862 |
| EPS | £0.30 | £0.16 | £0.13 |
| Cash Flow | 2023 | 2022 | 2021 |
|---|---|---|---|
| Cash from operating activities | £63.79 m | £26.19 m | £11.49 m |
| Cashflow before financing | £99.47 m | £42.01 m | £11.83 m |
| Increase in Cash | £32.06 m | £8.58 m | -£10.60 m |
| Income | 2023 | 2022 | 2021 |
|---|---|---|---|
| Turnover | £1.29 bn | £1.20 bn | £855.97 m |
| Cost of sales | £1.07 bn | £1.02 bn | £724.71 m |
| Gross Profit | £216.47 m | £183.71 m | £131.26 m |
| Operating Profit | £41.58 m | £35.05 m | £20.98 m |
| Pre-Tax profit | £36.55 m | £24.92 m | £18.89 m |
Midwich Group PLC Company Background
| Sector | Technology |
|---|---|
| Activities | Midwich Group PLC provides audio-visual (AV) and document solutions to the trade market. The company's product portfolio includes audiovisual categories such as displays, projectors, digital signage, unified communications, and professional audio. It operates in four segments based on its geography: UK & Ireland, EMEA (Europe, Middle East, and Africa), Asia Pacific, and North America in which it generates the majority of revenue from the UK & Ireland. |
| Latest Interim Date | 5 Sep 2023 |
| Latest Fiscal Year End Date | 19 Mar 2024 |
Midwich Group PLC Directors
| Appointed | Name | Position |
|---|---|---|
| 2024-04-10 | Mr. Andrew C. Herbert | Non-Executive Director,Chairman |
| 2024-02-06 | Mr. Stephen Barry Fenby | Executive Director,Managing Director |
| 2024-04-10 | Mr. Michael Ashley | Non-Executive Director |
| 2018-06-29 | Mr. Anthony Michael George Bailey | Executive Director,Finance Director and Company Secretary |
| 2024-04-10 | Ms. Hilary Wright | Non-Executive Director |
| 2024-04-05 | Mr. Stephen Lamb | Executive Director,Finance Director and Company Secretary |
Midwich Group PLC Contact Details
| Company Name | Midwich Group PLC |
|---|---|
| Address | Vinces Road, Diss, IP22 4YT |
| Telephone | +44 1379649200 |
| Website | https://www.midwichgroupplc.com |
Midwich Group PLC Advisors
| Remuneration Consultant | Deloitte LLP |
|---|---|
| Phone | +44 2079363000 |
| Fax | +44 2075831198 |
| Bank | HSBC Bank PLC |
|---|
| Solicitor | Mills & Reeve LLP |
|---|---|
| Phone | +44 1223364422 |
| Fax | +44 1223355848 |
| Financial PR Adviser | FTI Consulting Inc |
|---|---|
| Phone | +44 2037271000 |
| Fax | +44 2037271007 |
| Registrar | Capita Asset Services |
|---|---|
| Phone | +44 8716640300 |
| Fax | +44 2086392342 |
| Auditor | Grant Thornton UK LLP |
|---|---|
| Phone | +44 1223225600 |
| Fax | +44 1223225619 |
| Stockbroker | Investec Securities |
|---|---|
| Phone | +44 2075974000 |
| Fax | +44 2075974070 |
| Nominated Adviser | Investec Bank PLC |
|---|---|
| Phone | +44 2075974000 |
| Fax | +44 2075974070 |
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