Asset Finance
March 2025
2nd in cohort
Lombard
March 2025 debenture analysis for Lombard. Asset Finance cohort, ranked 2nd.
March 2025 Debenture Activity
Year-over-year comparison of debenture registrations for March 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 13 | 11 | 10 | 9 | -11% |
Borrower Profile
Average borrower characteristics compared to cohort for March 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Lombard | 22.9 | £21.6m |
| Cohort average | 13.5 | £6.9m |
Top Sectors
| Sector | Count |
|---|---|
| Rental & leasing | 3 |
| Repair / installation | 2 |
| Water transport | 2 |
| Wholesale & retail trade | 1 |
| Air transport | 1 |
Top Regions
| Region | Count |
|---|---|
| Midlands | 4 |
| South East | 1 |
| East of England | 1 |
| South West | 1 |
| North West | 1 |
Notable New Debentures
Significant new debenture registrations in March 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 04/03/2025 | SALES ASSISTANCE LIMITED | 22.6 yrs | East Midlands | Wholesale & retail trade | Jul-2024, Turnover: £113.8m, Trade Debtors: £31k, Debts: £3.2m, Other debts: £16.5m |
| 27/03/2025 | ARGO NAUTICAL LIMITED | 60.3 yrs | Midlands | Water transport | Dec-2024, Turnover: £91.1m, Trade Debtors: £1.0m, Net Assets: £25.6m, Staff: 118 |
| 06/03/2025 | BOATCO UK LTD | 10.4 yrs | South East | Repair / installation | Jun-2024, Turnover: £18.5m, Trade Debtors: £3.9m, Other debts: £1.6m |
| 06/03/2025 | CRENOON LIMITED | 44.1 yrs | Midlands | Rental & leasing | Sep-2024, Trade Debtors: £935k, Debts: £13.9m, Net Assets: £2.4m, Staff: 48 |
| 05/03/2025 | ARGO LEISURE LIMITED | 2.2 yrs | Midlands | Water transport | Dec-2024, Other debts: £2.5m, Net Assets: £325k, Est PBT: £406k |
| 06/03/2025 | WELFARE VANS LIMITED | 7.4 yrs | Midlands | Rental & leasing | Sep-2024, Trade Debtors: £438k, Debts: £4.4m, Net Assets: £1.5m, Staff: 6 |
| 27/03/2025 | BURTON WATERS MARINA | 24.3 yrs | East of England | Repair / installation | Jan-2025, Trade Debtors: £67k, Debts: £411k, Net Assets: £1.5m, Staff: 26, Est PBT: £-7k |
| 05/03/2025 | PARACHUTING CARAVAN | 8.2 yrs | South West | Air transport | Dec-2024, Trade Debtors: £23k, Debts: £1.3m, Other debts: £91k, Net Assets: £704k |
| 03/03/2025 | BLUE DAWN MARINE LIMITED | 0.9 yrs | North West 0 Rental & leasing | - | - |