ABL + Invoice Finance
September 2025
9th in cohort
Novuna
September 2025 debenture analysis for Novuna. ABL + Invoice Finance cohort, ranked 9th.
September 2025 Debenture Activity
Year-over-year comparison of debenture registrations for September 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 22 | 24 | 18 | 20 | +10% |
Borrower Profile
Average borrower characteristics compared to cohort for September 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Novuna | 9 | £695k |
| Cohort average | 10.5 | £891k |
Top Sectors
| Sector | Count |
|---|---|
| Employment services | 5 |
| Land transport & logistics | 5 |
| Specialist construction | 2 |
| Wholesale trade | 2 |
| Repair / installation | 1 |
Top Regions
| Region | Count |
|---|---|
| Midlands | 6 |
| Yorkshire / Humber | 5 |
| South East | 3 |
| London | 3 |
| East Midlands | 1 |
Notable New Debentures
Significant new debenture registrations in September 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 16/09/2025 | ANGLO SCOTTISH ASSET | 18.6 yrs | North East | Wholesale & retail trade | Dec-2024, Turnover: £55.1m, Trade Debtors: £947k, Net Assets: £3.4m, Est PBT: £1.9m |
| 17/09/2025 | ACTUAL CARE SERVICES LTD | 8.4 yrs | Midlands | Residential care | Apr-2025, Trade Debtors: £24k, Net Assets: £123k, Staff: 83, Est PBT: £41k |
| 15/09/2025 | ADOR TALENT LIMITED | 3.1 yrs | North West | Employment services | Aug-2024, Trade Debtors: £48k, Net Assets: £3k, Staff: 34, Est PBT: £3k |
| 08/09/2025 | BROMSGROVE LOGISTICS | 16.5 yrs | Midlands | - | Mar-2025, Trade Debtors: £264k, Debts: £138k, Other debts: £350k, Net Assets: £131k |
| 15/09/2025 | BORNA FOODS LIMITED | 13.8 yrs | London | Food manufacturing | Aug-2024, Trade Debtors: £708k, Debts: £153k, Net Assets: £181k, Staff: 2 |
| 05/09/2025 | GREENSURE ENVIRONMENTAL | 7.9 yrs | London | Specialist construction | Oct-2024, Trade Debtors: £419k, Debts: £151k, Net Assets: £302k, Staff: 9 |
| 26/09/2025 | AREVNA LIMITED | 7.3 yrs | South East | Wholesale trade | Jun-2024, Net Assets: £19k, Staff: 12, Est PBT: £3k |
| 04/09/2025 | DIRECT DRIVER LTD | 6.9 yrs | Yorkshire / | Land transport & logistics | Mar-2025, Net Assets: £107k, Staff: 8, Est PBT: £-1k |
| 19/09/2025 | THIRKS LIMITED | 20.1 yrs | Yorkshire / | Personal services | Aug-2024, Net Assets: £-127k, Staff: 4, Est PBT: £6k |
| 29/09/2025 | CORE RECRUITMENT LTD | 2.6 yrs | Midlands | Employment services | Feb-2025, Net Assets: £56k, Est PBT: £2k |