Challenger banks
February 2025
1st in cohort
Aldermore Bank
February 2025 debenture analysis for Aldermore Bank. Challenger banks cohort, ranked 1st.
February 2025 Debenture Activity
Year-over-year comparison of debenture registrations for February 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 167 | 236 | 454 | 687 | +34% |
Borrower Profile
Average borrower characteristics compared to cohort for February 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Aldermore Bank | 5.4 | £338k |
| Cohort average | 6.2 | £475k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 645 |
| Building construction | 14 |
| Specialist construction | 6 |
| Financial services | 4 |
| Office & business support | 2 |
Top Regions
| Region | Count |
|---|---|
| South East | 131 |
| North West | 100 |
| London | 90 |
| Scotland | 77 |
| Yorkshire / Humber | 63 |
Notable New Debentures
Significant new debenture registrations in February 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 28/02/2025 | CHG-MERIDIAN UK LIMITED | 48.5 yrs | South East | Financial services | Dec-2024, Turnover: £77.7m, Trade Debtors: £17.5m, Debts: £145.5m, Net Assets: £37.5m, Staff: 56, Est PBT: £5.4m |
| 06/02/2025 | BRIDGE RENTALS LIMITED | 6.9 yrs | South East | Real estate | Mar-2025, Debts: £35.8m, Net Assets: £17.8m, Est PBT: £48k |
| 28/02/2025 | MPD FM LIMITED | 22.1 yrs | South East | Real estate | Jun-2024, Turnover: £17.7m, Trade Debtors: £3.7m, Debts: £320k, Other debts: £415k, Net Assets: £3.4m, Staff: 343, Est PBT: £597k |
| 05/02/2025 | CRYSTALIGHT LIMITED | 28.2 yrs | Midlands | Real estate | Aug-2024, Net Assets: £4.4m, Staff: 5, Est PBT: £1.1m |
| 26/02/2025 | AUBTINO LTD | 11.9 yrs | London | Real estate | Mar-2025, Net Assets: £13.6m, Staff: 3, Est PBT: £662k |
| 26/02/2025 | RINGWAY ESTATES LIMITED | 18.8 yrs | London | Real estate | Jul-2024, Debts: £8.0m, Net Assets: £7.4m, Staff: 2, Est PBT: £-243k |
| 26/02/2025 | RESSA LIMITED | 4.4 yrs | South East | Real estate | Dec-2024, Net Assets: £302k, Staff: 1, Est PBT: £68k |
| 25/02/2025 | LEONARD PROPERTY SERVICES LIMITED | 21.5 yrs | North West | Real estate | Jul-2024, Trade Debtors: £67k, Debts: £4.1m, Net Assets: £8.9m, Est PBT: £60k |
| 20/02/2025 | PROPERTY AND COMMERCIAL ENTERPRISES LIMI.. | 40.7 yrs | South East | Real estate | Sep-2024, Debts: £6.9m, Other debts: £118k, Net Assets: £6.6m, Staff: 1, Est PBT: £-93k |
| 05/02/2025 | JMAIL ASSETS LIMITED | 17.9 yrs | Yorkshire / Humber | Real estate | Mar-2025, Debts: £5.0m, Net Assets: £167k, Staff: 6, Est PBT: £-244k |