ABL + Invoice Finance
February 2025
2nd in cohort
Close Brothers
February 2025 debenture analysis for Close Brothers. ABL + Invoice Finance cohort, ranked 2nd.
February 2025 Debenture Activity
Year-over-year comparison of debenture registrations for February 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 77 | 93 | 63 | 59 | -7% |
Borrower Profile
Average borrower characteristics compared to cohort for February 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Close Brothers | 12.8 | £2.3m |
| Cohort average | 9.6 | £811k |
Top Sectors
| Sector | Count |
|---|---|
| Building construction | 13 |
| Employment services | 7 |
| Rental & leasing | 6 |
| Financial services | 4 |
| Architecture & engineering | 4 |
Top Regions
| Region | Count |
|---|---|
| South East | 17 |
| Midlands | 10 |
| North West | 10 |
| London | 7 |
| Northern Ireland | 6 |
Notable New Debentures
Significant new debenture registrations in February 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 17/02/2025 | SUNSEEKER LONDON LIMITED | 31.2 yrs | London | Wholesale trade | Dec-2024, Turnover: £246.1m, Trade Debtors: £1.8m, Debts: £105.8m, Net Assets: £33.8m, Staff: 120, Est PBT: £889k |
| 14/02/2025 | ARGO NAUTICAL LIMITED | 60.2 yrs | Midlands | Water transport | Dec-2024, Turnover: £91.1m, Trade Debtors: £1.0m, Net Assets: £25.6m, Staff: 118, Est PBT: £2.8m |
| 06/02/2025 | OWL HOMES DEVELOPMENTS LTD | 4.9 yrs | Midlands | Building construction | Nov-2024, Turnover: £28.4m, Other debts: £18.9m, Net Assets: £12.2m, Staff: 3, Est PBT: £1.8m |
| 12/02/2025 | JACKSON MECHANICAL SERVICES (UK) LIMITED | 25 yrs | South East | Rental & leasing | Mar-2025, Turnover: £12.1m, Trade Debtors: £2.6m, Debts: £9.7m, Other debts: £2.2m, Net Assets: £8.1m, Staff: 80, Est PBT: £72k |
| 07/02/2025 | TIME | 24 yrs | HOLDINGS LIMITED 13.8 South East | Financial services | Jun-2024, Turnover: £10.9m, Trade Debtors: £1.6m, Debts: £723k, Net Assets: £569k, Staff: 149, Est PBT: £-304k |
| 05/02/2025 | CANHAM HOMES LIMITED | 14.3 yrs | South East | Building construction | Apr-2025, Trade Debtors: £249k, Debts: £8.2m, Net Assets: £2.6m, Staff: 5, Est PBT: £558k |
| 18/02/2025 | K M CLEANING SERVICES PLC | 18.1 yrs | South East | Property & facilities services | Dec-2024, Turnover: £3.3m, Trade Debtors: £600k, Debts: £41k, Net Assets: £740k, Staff: 129, Est PBT: £217k |
| 18/02/2025 | QUBE RECRUITMENT LIMITED | 12.5 yrs | South East | Employment services | Jun-2025, Net Assets: £793k, Staff: 91, Est PBT: £5k |
| 28/02/2025 | SKIP IT WASTE MANAGEMENT LIMITED | 25.2 yrs | South East | Waste management | Dec-2024, Net Assets: £795k, Staff: 76, Est PBT: £-30k |