ABL + Invoice Finance
May 2025
12th in cohort
Novuna
May 2025 debenture analysis for Novuna. ABL + Invoice Finance cohort, ranked 12th.
May 2025 Debenture Activity
Year-over-year comparison of debenture registrations for May 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 27 | 16 | 26 | 16 | -63% |
Borrower Profile
Average borrower characteristics compared to cohort for May 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Novuna | 9 | £695k |
| Cohort average | 10.5 | £891k |
Top Sectors
| Sector | Count |
|---|---|
| Refined petroleum | 4 |
| Wholesale trade | 2 |
| Land transport & logistics | 2 |
| Repair / installation | 1 |
| Human health | 1 |
Top Regions
| Region | Count |
|---|---|
| Midlands | 7 |
| South West | 2 |
| South East | 2 |
| North West | 2 |
| East Midlands | 2 |
Notable New Debentures
Significant new debenture registrations in May 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 13/05/2025 | CORK CRANE HIRE LTD | 13.3 yrs | North West | Rental & leasing | Dec-2024, Trade Debtors: £1.4m, Debts: £24k, Net Assets: £3.4m, Staff: 38 |
| 16/05/2025 | MIDLAND OIL GROUP LIMITED | 2.3 yrs | Midlands | - | Jul-2024, Turnover: £17.9m, Trade Debtors: £2.2m, Debts: £1.9m, Net Assets: £0k |
| 09/05/2025 | CLINICAL TEMPS LIMITED | 5 yrs | South West | Human health | May-2025, Net Assets: £75k, Staff: 82, Est PBT: £9k |
| 29/05/2025 | ICENI WINDOWS LIMITED | 22.3 yrs | South East | - | Dec-2024, Trade Debtors: £621k, Debts: £381k, Net Assets: £677k, Staff: 74 |
| 16/05/2025 | MIDLAND OIL REFINERY | 21.8 yrs | Midlands | Refined petroleum | Jul-2024, Turnover: £12.5m, Trade Debtors: £2.0m, Debts: £1.9m, Net Assets: £1.4m |
| 22/05/2025 | ELBOROUGH CARE SERVICES | 4.7 yrs | South West | Residential care | Sep-2025, Debts: £617k, Net Assets: £711k, Staff: 50, Est PBT: £-68k |
| 21/05/2025 | BLOCKADE DEMOLITION | 13.8 yrs | South East | - | Mar-2025, Trade Debtors: £418k, Debts: £462k, Net Assets: £211k, Staff: 15 |
| 23/05/2025 | EVOLUTION INDUSTRIAL | 16 yrs | East Midlands | Employment services | Feb-2025, Trade Debtors: £411k, Debts: £10k, Net Assets: £219k, Staff: 3, Est PBT: £145k |
| 19/05/2025 | SIGNALS IT LIMITED | 17.8 yrs | North West | IT programming / consulting | Jun-2025, Net Assets: £479k, Staff: 12, Est PBT: £42k |
| 16/05/2025 | VAROL LIMITED | 18.6 yrs | Midlands | Refined petroleum | Jul-2024, Trade Debtors: £177k, Net Assets: £249k |