Challenger banks
December 2025
1st in cohort
Aldermore Bank
December 2025 debenture analysis for Aldermore Bank. Challenger banks cohort, ranked 1st.
December 2025 Debenture Activity
Year-over-year comparison of debenture registrations for December 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 316 | 320 | 638 | 546 | -17% |
Borrower Profile
Average borrower characteristics compared to cohort for December 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Aldermore Bank | 5.4 | £338k |
| Cohort average | 6.5 | £636k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 496 |
| Building construction | 16 |
| Financial services | 8 |
| Specialist construction | 8 |
| Office & business support | 3 |
Top Regions
| Region | Count |
|---|---|
| South East | 100 |
| North West | 92 |
| London | 74 |
| Scotland | 54 |
| Midlands | 53 |
Notable New Debentures
Significant new debenture registrations in December 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 09/12/2025 | CHG-MERIDIAN UK LIMITED | 49.3 yrs | South East | Financial services | Dec-2024, Turnover: £77.7m, Trade Debtors: £17.5m, Debts: £145.5m |
| 22/12/2025 | GRADE8 LIMITED | 8.6 yrs | London | Real estate | Mar-2025, Trade Debtors: £12k, Debts: £19.1m, Net Assets: £16.9m, Staff: 2 |
| 04/12/2025 | ABAKON LIMITED | 36.8 yrs | South West | Real estate | Mar-2025, Trade Debtors: £381k, Debts: £170k, Net Assets: £1.1m, Staff: 222 |
| 02/12/2025 | STAGE SOUND SERVICES LTD | 22.6 yrs | Wales | Rental & leasing | Apr-2025, Turnover: £18.8m, Trade Debtors: £1.2m, Debts: £6.4m, Other debts: £150k |
| 22/12/2025 | K P M (KENT) LTD | 8.8 yrs | London | Real estate | Dec-2024, Debts: £6.4m, Net Assets: £8.9m, Staff: 2, Est PBT: £3.6m |
| 19/12/2025 | WATTSTOR HOLDINGS LIMITED | 3.1 yrs | London | Financial services | Dec-2024, Trade Debtors: £277k, Net Assets: £12.9m, Staff: 48, Est PBT: £-7.1m |
| 15/12/2025 | FIRST HABITATION LIMITED | 13.7 yrs | South East | Real estate | Apr-2025, Trade Debtors: £16k, Debts: £8.2m, Net Assets: £4.0m, Staff: 6 |
| 01/12/2025 | MANTLE ESTATES LLP | 18.7 yrs | South East | Unknown | Jun-2024, Trade Debtors: £64k, Other debts: £6.2m, Net Assets: £6.6m |
| 09/12/2025 | STAS TRAILERS LTD | 8.8 yrs | North West | Wholesale trade | Sep-2025, Trade Debtors: £2.6m, Net Assets: £440k, Staff: 6, Est PBT: £207k |
| 15/12/2025 | IDF INVESTMENTS LIMITED | 6.2 yrs | South East | Real estate | May-2024, Trade Debtors: £8k, Debts: £3.3m, Net Assets: £2.1m, Staff: 1 |