Challenger banks
October 2025
1st in cohort
Aldermore Bank
October 2025 debenture analysis for Aldermore Bank. Challenger banks cohort, ranked 1st.
October 2025 Debenture Activity
Year-over-year comparison of debenture registrations for October 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 284 | 233 | 507 | 576 | +12% |
Borrower Profile
Average borrower characteristics compared to cohort for October 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Aldermore Bank | 5.4 | £338k |
| Cohort average | 6.5 | £636k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 531 |
| Building construction | 20 |
| Financial services | 7 |
| Unknown | 3 |
| Office & business support | 3 |
Top Regions
| Region | Count |
|---|---|
| Scotland | 85 |
| North West | 84 |
| South East | 82 |
| London | 66 |
| Midlands | 56 |
Notable New Debentures
Significant new debenture registrations in October 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 20/10/2025 | CHG-MERIDIAN UK LIMITED | 49.1 yrs | South East | Financial services | Dec-2024, Turnover: £77.7m, Trade Debtors: £17.5m, Debts: £145.5m |
| 27/10/2025 | LIQUID FLEET LIMITED | 20.3 yrs | Midlands | Rental & leasing | Dec-2024, Trade Debtors: £544k, Debts: £175k, Net Assets: £4.9m, Staff: 13 |
| 22/10/2025 | MSL VEHICLE SOLUTIONS | 45.9 yrs | North West | Rental & leasing | Dec-2024, Trade Debtors: £132k, Debts: £8.2m, Other debts: £10.4m |
| 13/10/2025 | ANGLE PROPERTY | 8.4 yrs | London | - | Oct-2024, Trade Debtors: £1k, Debts: £14.5m, Net Assets: £5.3m, Staff: 3 |
| 01/10/2025 | PANACEA PROPERTY LIMITED | 7.4 yrs | Scotland | Real estate | May-2025, Trade Debtors: £1k, Debts: £14.2m, Net Assets: £5.3m, Staff: 1 |
| 01/10/2025 | 108 PROPERTIES LIMITED | 22.5 yrs | East of England | Real estate | Apr-2025, Trade Debtors: £27k, Debts: £100k, Net Assets: £8.9m, Staff: 4 |
| 15/10/2025 | RESSA LIMITED | 5 yrs | South East | Real estate | Dec-2024, Net Assets: £302k, Staff: 1, Est PBT: £68k |
| 13/10/2025 | BS HANDLING PROPERTY | 8.8 yrs | East Midlands | Real estate | Feb-2025, Turnover: £4.2m, Trade Debtors: £737k, Other debts: £2.3m |
| 13/10/2025 | BUXTON PROPERTIES | 13.1 yrs | East Midlands | Real estate | Apr-2025, Net Assets: £10.0m, Staff: 4, Est PBT: £704k |
| 03/10/2025 | DUNHAM INVESTMENTS | 22.3 yrs | North West | Real estate | Dec-2024, Net Assets: £2.2m, Staff: 3, Est PBT: £-49k |