ABL + Invoice Finance
March 2025
7th in cohort
IGF
March 2025 debenture analysis for IGF. ABL + Invoice Finance cohort, ranked 7th.
March 2025 Debenture Activity
Year-over-year comparison of debenture registrations for March 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 5 | 1 | 8 | 22 | +64% |
Borrower Profile
Average borrower characteristics compared to cohort for March 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| IGF | 20.8 | £1.6m |
| Cohort average | 10.5 | £891k |
Top Sectors
| Sector | Count |
|---|---|
| Head offices & consultancy | 5 |
| Financial services | 4 |
| Architecture & engineering | 4 |
| Office & business support | 2 |
| Fabricated metal products | 2 |
Top Regions
| Region | Count |
|---|---|
| Scotland | 8 |
| North East | 5 |
| Midlands | 5 |
| London | 3 |
| Yorkshire / Humber | 1 |
Notable New Debentures
Significant new debenture registrations in March 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 24/03/2025 | ENERAQUA TECHNOLOGIES | 3.6 yrs | Yorkshire / | Head offices & consultancy | Jan-2024, Turnover: £53.8m, Trade Debtors: £4.5m, Debts: £4.8m |
| 24/03/2025 | CENERGIST LIMITED | 12.6 yrs | North East | Property & facilities services | Jan-2024, Turnover: £50.5m, Trade Debtors: £5.1m, Debts: £1.3m, Other debts: £3.5m |
| 28/03/2025 | GLACIER TOPCO LIMITED | 1.8 yrs | London | Financial services | Mar-2024, Turnover: £10.8m, Trade Debtors: £6.9m, Debts: £5.6m |
| 28/03/2025 | GLACIER ENERGY SERVICES | 14.1 yrs | Scotland | Head offices & consultancy | Mar-2024, Turnover: £1.8m, Debts: £444k, Net Assets: £-6.7m, Staff: 9, Est PBT: £8.3m |
| 28/03/2025 | GLACIER BIDCO LIMITED | 1.8 yrs | London | Financial services | Mar-2024, Debts: £2.3m, Net Assets: £-165k, Staff: 2, Est PBT: £-212k |
| 28/03/2025 | GLACIER MIDCO LIMITED | 1.8 yrs | London | Financial services | Mar-2024, Other debts: £15.2m, Net Assets: £-383k, Staff: 2, Est PBT: £-493k |
| 28/03/2025 | GLACIER INSPECTION | 43.8 yrs | Scotland | Architecture & engineering | Mar-2024, Turnover: £9.4m, Trade Debtors: £1.8m, Debts: £614k, Other debts: £432k |
| 28/03/2025 | GLACIER MACHINING | 28.3 yrs | Scotland | Fabricated metal products | Mar-2024, Trade Debtors: £613k, Net Assets: £4.4m, Staff: 26, Est PBT: £904k |
| 13/03/2025 | COOPER COATED COIL | 12 yrs | Midlands | Fabricated metal products | Dec-2024, Trade Debtors: £1.7m, Debts: £70k, Other debts: £1.3m, Net Assets: £360k |