Asset Finance
April 2025
1st in cohort
Lombard
April 2025 debenture analysis for Lombard. Asset Finance cohort, ranked 1st.
April 2025 Debenture Activity
Year-over-year comparison of debenture registrations for April 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 16 | 12 | 29 | 21 | -38% |
Borrower Profile
Average borrower characteristics compared to cohort for April 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Lombard | 22.9 | £21.6m |
| Cohort average | 13.5 | £6.9m |
Top Sectors
| Sector | Count |
|---|---|
| Sports & recreation | 5 |
| Water transport | 2 |
| Utilities | 2 |
| Wholesale trade | 2 |
| Rental & leasing | 2 |
Top Regions
| Region | Count |
|---|---|
| South East | 7 |
| North West | 7 |
| Midlands | 2 |
| East of England | 2 |
| Yorkshire / Humber | 1 |
Notable New Debentures
Significant new debenture registrations in April 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 11/04/2025 | WORLDWIDE FRUIT LIMITED | 25.6 yrs | East of England | Wholesale trade | Dec-2024, Turnover: £172.6m, Trade Debtors: £12.7m, Debts: £948k |
| 24/04/2025 | ASSURED GROUP LIMITED | 29 yrs | Midlands | Wholesale & retail trade | Dec-2024, Turnover: £101.0m, Trade Debtors: £12.4m, Debts: £1.5m |
| 02/04/2025 | BLACKPOOL PLEASURE BEACH | 40.2 yrs | North West | Sports & recreation | Mar-2024, Turnover: £32.1m, Trade Debtors: £418k, Debts: £16.7m |
| 16/04/2025 | QUANESCO TOPCO LIMITED | 3.9 yrs | South East | Financial services | Mar-2025, Turnover: £51.8m, Trade Debtors: £9.7m, Other debts: £14.5m |
| 22/04/2025 | BOATCO UK LTD | 10.5 yrs | South East | Repair / installation | Jun-2024, Turnover: £18.5m, Trade Debtors: £3.9m, Other debts: £1.6m |
| 17/04/2025 | OCEAN KINETICS LIMITED | 28.2 yrs | Scotland | Fabricated metal products | Dec-2024, Turnover: £19.9m, Trade Debtors: £3.2m, Debts: £2.1m, Other debts: £761k |
| 25/04/2025 | THX LTD | 14.9 yrs | East of England | Rental & leasing | Dec-2024, Turnover: £15.7m, Trade Debtors: £3.0m, Debts: £6.2m, Net Assets: £6.8m |
| 23/04/2025 | ARGO LEISURE LIMITED | 2.4 yrs | Midlands | Water transport | Dec-2024, Other debts: £2.5m, Net Assets: £325k, Est PBT: £406k |
| 25/04/2025 | CARMET TUG COMPANY | 51.9 yrs | North West | - | May-2025, Trade Debtors: £881k, Debts: £2.6m, Net Assets: £5.0m, Staff: 45 |