ABL + Invoice Finance
August 2025
7th in cohort
Novuna
August 2025 debenture analysis for Novuna. ABL + Invoice Finance cohort, ranked 7th.
August 2025 Debenture Activity
Year-over-year comparison of debenture registrations for August 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 27 | 27 | 16 | 25 | +36% |
Borrower Profile
Average borrower characteristics compared to cohort for August 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Novuna | 9 | £695k |
| Cohort average | 10.5 | £891k |
Top Sectors
| Sector | Count |
|---|---|
| Employment services | 9 |
| Land transport & logistics | 4 |
| Financial services | 2 |
| Office & business support | 2 |
| Wholesale trade | 2 |
Top Regions
| Region | Count |
|---|---|
| South East | 8 |
| South West | 4 |
| London | 3 |
| North West | 3 |
| Midlands | 2 |
Notable New Debentures
Significant new debenture registrations in August 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 01/08/2025 | RECRUITMENT ACQUISITIONS | 6.6 yrs | South West | Employment services | May-2025, Turnover: £34.4m, Trade Debtors: £4.6m, Debts: £4.2m, Net Assets: £631k |
| 06/08/2025 | PERSONNEL LINK | 5.5 yrs | South East | - | Dec-2025, Trade Debtors: £661k, Debts: £161k, Net Assets: £158k, Staff: 179 |
| 08/08/2025 | LOGISNEXT LEASING UK | 27.8 yrs | South East | Financial services | Mar-2025, Turnover: £4.1m, Trade Debtors: £3.3m, Debts: £19.4m, Net Assets: £13.6m |
| 11/08/2025 | CUTLASS GROUP LTD | 6.9 yrs | South East | - | Dec-2024, Trade Debtors: £479k, Debts: £201k, Net Assets: £252k, Staff: 110 |
| 21/08/2025 | BUSINESS RATES HUB LIMITED | 6.4 yrs | North West | Office & business support | Mar-2025, Trade Debtors: £462k, Net Assets: £610k, Staff: 68, Est PBT: £499k |
| 01/08/2025 | SKILLS DIRECT LTD | 18.5 yrs | South West | Office & business support | May-2025, Trade Debtors: £2.0m, Debts: £1.5m, Net Assets: £1.0m, Staff: 27 |
| 01/08/2025 | TRAVIS HUGHES LTD | 19.6 yrs | North West | Employment services | May-2025, Trade Debtors: £1.9m, Debts: £1.4m, Net Assets: £422k, Staff: 6 |
| 12/08/2025 | MIDLAND COMMERCIAL | 30.5 yrs | Midlands | Automotive manufacturing | Sep-2025, Trade Debtors: £720k, Debts: £171k, Net Assets: £776k, Staff: 30 |
| 01/08/2025 | C & H AGENCY LIMITED | 19.6 yrs | North West | Employment services | May-2025, Trade Debtors: £744k, Debts: £460k, Net Assets: £1.2m, Staff: 9 |
| 07/08/2025 | SARGENT’S LTD | 6.1 yrs | South East | Land transport & logistics | Jun-2025, Trade Debtors: £678k, Debts: £383k, Other debts: £162k, Net Assets: £10k |