ABL + Invoice Finance
March 2025
1st in cohort
Close Brothers
March 2025 debenture analysis for Close Brothers. ABL + Invoice Finance cohort, ranked 1st.
March 2025 Debenture Activity
Year-over-year comparison of debenture registrations for March 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 75 | 82 | 58 | 80 | +28% |
Borrower Profile
Average borrower characteristics compared to cohort for March 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Close Brothers | 14.9 | £2.5m |
| Cohort average | 10.5 | £891k |
Top Sectors
| Sector | Count |
|---|---|
| Employment services | 15 |
| Building construction | 9 |
| Financial services | 8 |
| Wholesale trade | 6 |
| Office & business support | 2 |
Top Regions
| Region | Count |
|---|---|
| Midlands | 18 |
| London | 16 |
| North West | 10 |
| South East | 9 |
| Wales | 8 |
Notable New Debentures
Significant new debenture registrations in March 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 26/03/2025 | SUNSEEKER LONDON LIMITED | 31.3 yrs | London | Wholesale trade | Dec-2024, Turnover: £246.1m, Trade Debtors: £1.8m, Debts: £105.8m |
| 04/03/2025 | MULBERRY PROPERTY | 14.8 yrs | Midlands | Building construction | Mar-2025, Turnover: £70.4m, Trade Debtors: £1.6m, Debts: £31.5m |
| 05/03/2025 | FIRST PEOPLE RECRUITMENT | 33.8 yrs | South East | Employment services | May-2024, Turnover: £20.6m, Trade Debtors: £2.8m, Net Assets: £1.5m, Staff: 714 |
| 06/03/2025 | CASTLE AIR LIMITED | 28.9 yrs | South West | Repair / installation | Nov-2024, Turnover: £34.2m, Trade Debtors: £7.6m, Debts: £16.4m |
| 24/03/2025 | MELLING COMMERCIAL | 19 yrs | North West | Wholesale & retail trade | Jul-2025, Turnover: £25.1m, Trade Debtors: £1.6m, Debts: £11.9m, Other debts: £17.5m |
| 06/03/2025 | VSP8 LIMITED | 9.7 yrs | East Midlands | Rental & leasing | Jun-2024, Trade Debtors: £1.8m, Debts: £284k, Net Assets: £5.7m, Staff: 65 |
| 07/03/2025 | CAPE HOMES LIMITED | 24.8 yrs | South West | Civil engineering | Dec-2024, Turnover: £15.1m, Trade Debtors: £38k, Debts: £15.1m, Net Assets: £10.1m |
| 13/03/2025 | WPH DEVELOPMENTS LIMITED | 15.9 yrs | Scotland | - | Mar-2025, Trade Debtors: £0k, Debts: £10.9m, Net Assets: £548k, Staff: 2 |
| 24/03/2025 | UNI NEWCO | 3 yrs | LTD 3 North West | - | Dec-2024, Turnover: £14.0m, Trade Debtors: £1.7m, Debts: £169k, Net Assets: £3.4m |
| 24/03/2025 | UNITED ALUMINIUM LIMITED | 34.8 yrs | North West | Fabricated metal products | Dec-2024, Turnover: £14.0m, Trade Debtors: £1.7m, Debts: £169k, Net Assets: £3.1m |