Asset Finance
March 2026
2nd in cohort
Lombard
March 2026 debenture analysis for Lombard. Asset Finance cohort, ranked 2nd.
March 2026 Debenture Activity
Year-over-year comparison of debenture registrations for March 2026
| Year | 2023 | 2024 | 2025 | 2026 | Chg | YoY |
|---|---|---|---|---|---|---|
| Debentures | 11 | 10 | 9 | 11 | +2 | +22% |
Borrower Profile
Average borrower characteristics compared to cohort for March 2026
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Lombard | 25 | £9.7m |
| Cohort average | 13.4 | £7.7m |
Top Sectors
| Sector | Count |
|---|---|
| Unknown | 2 |
| Repair / installation | 2 |
| Retail trade | 2 |
| Agriculture | 1 |
| Automotive manufacturing | 1 |
Top Regions
| Region | Count |
|---|---|
| South East | 3 |
| Midlands | 2 |
| Scotland | 2 |
| South West | 2 |
| Yorkshire / Humber | 1 |
Notable New Debentures
Significant new debenture registrations in March 2026
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 03/03/2026 | ARGO NAUTICAL LIMITED | 61.2 yrs | Midlands | Water transport | Dec-2024, Turnover: £91.1m, Trade Debtors: £1.0m, Net Assets: £25.6m, Staff: 118 |
| 23/03/2026 | ICELAND INTERNATIONAL | 28.1 yrs | Wales | Retail trade | Mar-2025, Turnover: £50.9m, Trade Debtors: £4.8m, Debts: £7.0m |
| 13/03/2026 | R & K DRYSDALE LIMITED | 33.6 yrs | Scotland | - | Dec-2024, Turnover: £47.8m, Trade Debtors: £8.0m, Debts: £2.1m, Other debts: £1.7m |
| 02/03/2026 | CASTLE AIR LIMITED | 29.9 yrs | South West | Repair / installation | Nov-2024, Turnover: £34.2m, Trade Debtors: £7.6m, Debts: £16.4m |
| 17/03/2026 | BOATCO UK LTD | 11.4 yrs | South East | Repair / installation | Jun-2024, Turnover: £18.5m, Trade Debtors: £3.9m, Other debts: £1.6m |
| 03/03/2026 | DASH LOGISTIC SERVICES | 14.1 yrs | South West | Land transport & logistics | Feb-2025, Turnover: £14.1m, Trade Debtors: £874k, Debts: £2.7m, Net Assets: £517k |
| 04/03/2026 | DANFORDS (CONSTRUCTION | 15.6 yrs | Midlands | Automotive manufacturing | Sep-2024, Turnover: £17.0m, Trade Debtors: £1.1m, Debts: £303k, Net Assets: £4.4m |
| 02/03/2026 | BATES WHARF MARINE SALES | 34 yrs | South East | Retail trade | Apr-2025, Turnover: £5.9m, Trade Debtors: £311k, Debts: £186k, Other debts: £5.2m |
| 12/03/2026 | EARLS REST HOLDINGS LTD | 0.2 yrs | Scotland 0 Human health | - | - |
| 18/03/2026 | ANTONY AND GREER | 0.2 yrs | South East 0 Unknown (TRANQUILLITY) LLP | - | - |