Challenger banks
March 2025
4th in cohort
Oaknorth
March 2025 debenture analysis for Oaknorth. Challenger banks cohort, ranked 4th.
March 2025 Debenture Activity
Year-over-year comparison of debenture registrations for March 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 49 | 66 | 25 | 47 | +47% |
Borrower Profile
Average borrower characteristics compared to cohort for March 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Oaknorth | 8.3 | £2.6m |
| Cohort average | 6.5 | £636k |
Top Sectors
| Sector | Count |
|---|---|
| Building construction | 15 |
| Financial services | 6 |
| Real estate | 6 |
| Human health | 5 |
| Head offices & consultancy | 3 |
Top Regions
| Region | Count |
|---|---|
| Midlands | 14 |
| London | 10 |
| South East | 10 |
| Yorkshire / Humber | 6 |
| Scotland | 4 |
Notable New Debentures
Significant new debenture registrations in March 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 24/03/2025 | BRIDGEWATER WHARF LTD | 9.3 yrs | North West | Building construction | Mar-2025, Trade Debtors: £42.7m, Debts: £51.0m, Net Assets: £1k, Est PBT: £1k |
| 26/03/2025 | SPRINGMOVE LIMITED | 5.7 yrs | South East | Real estate | Sep-2025, Turnover: £77.6m, Trade Debtors: £223k, Debts: £36.4m |
| 18/03/2025 | INUVI GROUP LIMITED | 5.7 yrs | South East | Financial services | Dec-2024, Turnover: £29.4m, Trade Debtors: £4.0m, Debts: £5.9m, Net Assets: £2.8m |
| 17/03/2025 | A.S.K. PARTNERS LIMITED | 8.4 yrs | London | IT programming / consulting | Dec-2023, Turnover: £9.6m, Trade Debtors: £5.7m, Net Assets: £6.2m, Staff: 17 |
| 27/03/2025 | SDG EDINBURGH LTD | 3 yrs | London | Real estate | May-2025, Debts: £15.1m, Net Assets: £4.4m, Est PBT: £8.1m |
| 18/03/2025 | PHYSIOLOGICAL | 19.8 yrs | Midlands | Office & business support | Dec-2024, Trade Debtors: £1.2m, Debts: £132k, Net Assets: £1.9m, Staff: 146 |
| 11/03/2025 | LNT CARE DEVELOPMENTS (6) | 2.1 yrs | Yorkshire / | - | Mar-2025, Turnover: £16.3m, Other debts: £1.4m, Net Assets: £-1.2m, Staff: 6 |
| 17/03/2025 | A.S.K. PARTNERS LENDCO | 5.2 yrs | London | Financial services | Dec-2023, Turnover: £3.8m, Trade Debtors: £2.3m, Net Assets: £5.6m, Est PBT: £3.5m |
| 18/03/2025 | EXPRESS DIAGNOSTICS | 30.6 yrs | South West | Human health | Dec-2024, Turnover: £5.1m, Trade Debtors: £929k, Net Assets: £3.5m, Staff: 78 |
| 18/03/2025 | INUVI HEALTH LIMITED | 11.3 yrs | South East | Human health | Dec-2024, Turnover: £13.2m, Trade Debtors: £1.8m, Net Assets: £4.3m, Staff: 65 |