Challenger banks
April 2025
1st in cohort
Aldermore Bank
April 2025 debenture analysis for Aldermore Bank. Challenger banks cohort, ranked 1st.
April 2025 Debenture Activity
Year-over-year comparison of debenture registrations for April 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 182 | 88 | 434 | 617 | +30% |
Borrower Profile
Average borrower characteristics compared to cohort for April 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Aldermore Bank | 5.4 | £338k |
| Cohort average | 6.5 | £636k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 557 |
| Building construction | 12 |
| Specialist construction | 8 |
| Financial services | 7 |
| Accommodation | 4 |
Top Regions
| Region | Count |
|---|---|
| South East | 119 |
| North West | 96 |
| London | 72 |
| Midlands | 67 |
| Yorkshire / Humber | 53 |
Notable New Debentures
Significant new debenture registrations in April 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 01/04/2025 | CHG-MERIDIAN UK LIMITED | 48.6 yrs | South East | Financial services | Dec-2024, Turnover: £77.7m, Trade Debtors: £17.5m, Debts: £145.5m |
| 01/04/2025 | JDS TRUCKS LIMITED | 59.8 yrs | North West | Wholesale & retail trade | Dec-2024, Turnover: £77.4m, Trade Debtors: £4.6m, Net Assets: £8.7m, Staff: 113 |
| 14/04/2025 | ANGLE PROPERTY | 7.9 yrs | London | - | Oct-2024, Trade Debtors: £1k, Debts: £14.5m, Net Assets: £5.3m, Staff: 3 |
| 08/04/2025 | SPARK STEAM LIMITED | 9.8 yrs | London | - | Mar-2025, Trade Debtors: £926k, Debts: £3.7m, Other debts: £2.2m, Net Assets: £11.1m |
| 08/04/2025 | GLASSHOUSE GENERATION | 10.3 yrs | London | Utilities | Mar-2025, Trade Debtors: £752k, Debts: £6.9m, Net Assets: £8.1m, Est PBT: £-208k |
| 08/04/2025 | HARVEST GENERATION | 10.3 yrs | London | - | Mar-2025, Trade Debtors: £1.5m, Debts: £5.3m, Other debts: £3.9m, Net Assets: £8.2m |
| 30/04/2025 | CENTRA PROPERTIES LTD | 5.2 yrs | London | Real estate | Apr-2025, Net Assets: £13.1m, Staff: 4, Est PBT: £219k |
| 08/04/2025 | P3P ENERGY MANAGEMENT AE | 12.4 yrs | London | Wholesale trade | Mar-2025, Trade Debtors: £123k, Debts: £941k, Net Assets: £13.2m, Est PBT: £-423k |
| 01/04/2025 | RESSA LIMITED | 4.5 yrs | South East | Real estate | Dec-2024, Net Assets: £302k, Staff: 1, Est PBT: £68k |
| 01/04/2025 | STEVENAGE SHEET METAL CO. | 32.2 yrs | South East | Fabricated metal products | Jan-2025, Trade Debtors: £1.3m, Debts: £1.7m, Other debts: £1.0m, Net Assets: £6.8m |