Challenger banks
December 2025
2nd in cohort
Shawbrook Bank
December 2025 debenture analysis for Shawbrook Bank. Challenger banks cohort, ranked 2nd.
December 2025 Debenture Activity
Year-over-year comparison of debenture registrations for December 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 323 | 233 | 260 | 308 | +16% |
Borrower Profile
Average borrower characteristics compared to cohort for December 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Shawbrook Bank | 6.3 | £735k |
| Cohort average | 6.5 | £636k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 216 |
| Building construction | 22 |
| Financial services | 21 |
| Unknown | 12 |
| Office & business support | 11 |
Top Regions
| Region | Count |
|---|---|
| South East | 76 |
| London | 60 |
| North West | 31 |
| Midlands | 31 |
| Scotland | 29 |
Notable New Debentures
Significant new debenture registrations in December 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 04/12/2025 | MSP CAPITAL LTD | 44.8 yrs | South West | Financial services | Dec-2024, Turnover: £52.3m, Trade Debtors: £261.8m, Other debts: £284.4m |
| 02/12/2025 | HJE LIMITED | 32.5 yrs | Midlands | Manufacturing (metal) | Dec-2024, Turnover: £190.9m, Trade Debtors: £22.0m, Debts: £890k |
| 04/12/2025 | MSP CAPITAL FOUR LIMITED | 10 yrs | South West | Financial services | Dec-2024, Turnover: £5.1m, Trade Debtors: £16.3m, Other debts: £15.3m |
| 24/12/2025 | NORTHERN AND MIDLAND | 59.8 yrs | London | - | Sep-2024, Trade Debtors: £620k, Debts: £33.1m, Net Assets: £52.8m, Staff: 18 |
| 16/12/2025 | PROJECT CROWN TOPCO | 2.6 yrs | Midlands | Unknown | Mar-2025, Turnover: £25.9m, Trade Debtors: £3.9m, Debts: £22.1m |
| 16/12/2025 | BK PLUS LIMITED | 10.4 yrs | Midlands | Legal & accounting | Mar-2025, Turnover: £25.9m, Trade Debtors: £3.9m, Debts: £32k, Other debts: £163k |
| 16/12/2025 | PROJECT CROWN BIDCO | 2.7 yrs | Midlands | - | Mar-2025, Debts: £22.1m, Other debts: £33.5m, Net Assets: £-6.6m, Staff: 8 |
| 31/12/2025 | THE CANNING GROUP UK | 6.5 yrs | Midlands | Office & business support | Dec-2024, Debts: £20.6m, Net Assets: £-13.5m, Staff: 1, Est PBT: £-3.4m |
| 01/12/2025 | DSG PROPERTY MANAGEMENT | 13.2 yrs | South East | Real estate | Sep-2025, Trade Debtors: £9k, Debts: £17.4m, Net Assets: £11.0m, Staff: 1 |
| 22/12/2025 | IMS EURO GROUP LTD | 3.5 yrs | North West | Unknown | Dec-2024, Turnover: £32.3m, Trade Debtors: £3.5m, Net Assets: £14.3m, Staff: 103 |