Challenger banks
June 2025
1st in cohort
Aldermore Bank
June 2025 debenture analysis for Aldermore Bank. Challenger banks cohort, ranked 1st.
June 2025 Debenture Activity
Year-over-year comparison of debenture registrations for June 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 170 | 182 | 335 | 645 | +48% |
Borrower Profile
Average borrower characteristics compared to cohort for June 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Aldermore Bank | 5.4 | £338k |
| Cohort average | 6.5 | £636k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 596 |
| Building construction | 16 |
| Financial services | 8 |
| Unknown | 3 |
| Specialist construction | 3 |
Top Regions
| Region | Count |
|---|---|
| North West | 112 |
| South East | 107 |
| London | 79 |
| Midlands | 70 |
| Yorkshire / Humber | 65 |
Notable New Debentures
Significant new debenture registrations in June 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 02/06/2025 | CHG-MERIDIAN UK LIMITED | 48.7 yrs | South East | Financial services | Dec-2024, Turnover: £77.7m, Trade Debtors: £17.5m, Debts: £145.5m |
| 27/06/2025 | APOLLO BUSINESS FINANCE | 8.9 yrs | North West | Financial services | Dec-2024, Trade Debtors: £9.9m, Net Assets: £2.2m, Staff: 20, Est PBT: £-303k |
| 20/06/2025 | ABAKON LIMITED | 36.3 yrs | South West | Real estate | Mar-2025, Trade Debtors: £381k, Debts: £170k, Net Assets: £1.1m, Staff: 222 |
| 24/06/2025 | LEDBURY PROPERTIES LIMITED | 4.4 yrs | London | Real estate | Feb-2025, Net Assets: £-503k, Staff: 2, Est PBT: £-628k |
| 27/06/2025 | SSP CORPORATION LIMITED | 6.8 yrs | South East | Real estate | Sep-2024, Trade Debtors: £41k, Debts: £16.8m, Net Assets: £3.5m, Staff: 4 |
| 03/06/2025 | BS HANDLING PROPERTY | 8.4 yrs | East Midlands | Real estate | Feb-2025, Turnover: £4.2m, Trade Debtors: £737k, Other debts: £2.3m |
| 27/06/2025 | CDLS PROPERTY | 2 yrs | LIMITED 4.3 South East | Real estate | Mar-2025, Debts: £7.6m, Net Assets: £1.3m, Est PBT: £-308k |
| 09/06/2025 | RIA HOMES LIMITED | 18.6 yrs | South East | Real estate | Nov-2024, Debts: £5.9m, Net Assets: £4.1m, Staff: 2, Est PBT: £-1k |
| 16/06/2025 | OAK END LIMITED | 13.4 yrs | South East | Real estate | Jun-2025, Debts: £5.0m, Net Assets: £2.1m, Staff: 2, Est PBT: £823k |
| 18/06/2025 | BETCHWORTH PROPERTIES | 9.4 yrs | London | Real estate | Mar-2025, Net Assets: £3.3m, Staff: 1, Est PBT: £534k |