MIDGARD LTD Financials
- Company number
- 05718686CopyCopy
- Registered office
- 4 Elstree Way, Borehamwood, Herts WD6 1RN
- Incorporated
- 22/02/2006
Company snapshot
- Status
- Active
- Employees
- 205 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
Decreasedvs 20232023: £41.18M
Total Assets
Decreasedvs 20232023: £195.68M
Cash in Bank
Increasedvs 20232023: £34.58M
Total Liabilities
Decreasedvs 20232023: £151.63M
Employees
-24vs 20232023: 229
In 2025, MIDGARD LTD reported net assets of £29.55M. The same filing shows total assets of £138.87M, cash in bank of £39.28M and total liabilities of £109.32M. Reported headcount was 205 in 2025. Total Assets fell from £195.68M in 2023 to £138.87M in 2025. Okredo holds filed figures for 2022–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
Decreasedfrom £41.18M in 2023Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
Ratios from the filed figures
Calculated from MIDGARD LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 21.28%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 78.72%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 35.93%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 28.28%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £2.83M2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MIDGARD LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2025 |
|---|---|---|---|
| Net Assets£ | 48.02M | 41.18M | 29.55M |
| Total Assets£ | 237.03M | 195.68M | 138.87M |
| Cash in Bank£ | 48.72M | 34.58M | 39.28M |
| Total Liabilities£ | 187.60M | 151.63M | 109.32M |
| Employees | 210 | 229 | 205 |
MIDGARD LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIDGARD LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
MIDGARD LTD reported net assets of £29.55M for 2025. That compares with £41.18M in 2023.
MIDGARD LTD reported total assets of £138.87M for 2025. That compares with £195.68M in 2023.
MIDGARD LTD reported cash in bank of £39.28M for 2025. That compares with £34.58M in 2023.
MIDGARD LTD reported 205 employees in 2025, compared with 229 in 2023.
Okredo holds reported figures for the years 2022, 2023, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.