Challenger banks
April 2025
2nd in cohort
Shawbrook Bank
April 2025 debenture analysis for Shawbrook Bank. Challenger banks cohort, ranked 2nd.
April 2025 Debenture Activity
Year-over-year comparison of debenture registrations for April 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 262 | 260 | 230 | 290 | +21% |
Borrower Profile
Average borrower characteristics compared to cohort for April 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Shawbrook Bank | 6.3 | £735k |
| Cohort average | 6.5 | £636k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 195 |
| Building construction | 27 |
| Financial services | 17 |
| Residential care | 9 |
| IT programming / consulting | 6 |
Top Regions
| Region | Count |
|---|---|
| London | 54 |
| South East | 52 |
| North West | 44 |
| Midlands | 30 |
| South West | 30 |
Notable New Debentures
Significant new debenture registrations in April 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 02/04/2025 | OUTSIDECLINIC LIMITED | 32.1 yrs | South West | Human health | Mar-2025, Turnover: £41.1m, Trade Debtors: £1.1m, Debts: £3.7m, Net Assets: £1.6m |
| 16/04/2025 | MARSH FINANCE LIMITED | 51.5 yrs | North West | - | Sep-2024, Turnover: £6.1m, Trade Debtors: £13.4m, Debts: £28.5m, Net Assets: £16.2m |
| 14/04/2025 | JDM HOMES LIMITED | 14.1 yrs | South West | Real estate | Mar-2025, Trade Debtors: £201k, Debts: £67k, Other debts: £38.4m |
| 30/04/2025 | ISHTAR BIDCO LIMITED | 6.7 yrs | South East | Financial services | Dec-2024, Net Assets: £-6.2m, Staff: 2, Est PBT: £-523k |
| 30/04/2025 | ISHTAR MIDCO LIMITED | 6.7 yrs | South East | Financial services | Dec-2024, Other debts: £68.6m, Net Assets: £-17.3m, Staff: 4, Est PBT: £-3.6m |
| 11/04/2025 | LEARNDIRECT DIGITAL GROUP | 4.7 yrs | South West | Financial services | Apr-2024, Debts: £18.8m, Net Assets: £-217k, Staff: 63, Est PBT: £4.6m |
| 11/04/2025 | LEARNDIRECT DIGITAL | 4.7 yrs | South West | Financial services | Apr-2024, Turnover: £33.6m, Trade Debtors: £7.8m, Debts: £18.8m |
| 07/04/2025 | DSG PROPERTY MANAGEMENT | 12.6 yrs | South East | Real estate | Sep-2025, Trade Debtors: £9k, Debts: £17.4m, Net Assets: £11.0m, Staff: 1 |
| 28/04/2025 | WISTON LIMITED | 26.7 yrs | London | Real estate | Mar-2024, Turnover: £785k, Trade Debtors: £6.7m, Net Assets: £6.4m, Est PBT: £-7k |
| 09/04/2025 | CYBERFORT BIDCO LIMITED | 8 yrs | South East | Head offices & consultancy | Dec-2024, Debts: £21.2m, Net Assets: £-40.7m, Est PBT: £-13.7m |