Challenger banks
February 2026
2nd in cohort
Shawbrook Bank
February 2026 debenture analysis for Shawbrook Bank. Challenger banks cohort, ranked 2nd.
February 2026 Debenture Activity
Year-over-year comparison of debenture registrations for February 2026
| Year | 2023 | 2024 | 2025 | 2026 | Chg | YoY |
|---|---|---|---|---|---|---|
| Debentures | 272 | 206 | 225 | 233 | +8 | +4% |
Borrower Profile
Average borrower characteristics compared to cohort for February 2026
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Shawbrook Bank | 6 | -£168k |
| Cohort average | 6.8 | £570k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 183 |
| Building construction | 18 |
| Financial services | 13 |
| Wholesale trade | 3 |
| Employment services | 3 |
Top Regions
| Region | Count |
|---|---|
| South East | 50 |
| London | 49 |
| Midlands | 30 |
| North West | 29 |
| Scotland | 19 |
Notable New Debentures
Significant new debenture registrations in February 2026
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 16/02/2026 | BAMBOO CONNECT LIMITED | 16.7 yrs | South East | Wholesale trade | Dec-2024, Turnover: £38.5m, Trade Debtors: £29.3m, Net Assets: £31.3m, Staff: 95 |
| 16/02/2026 | PANDA BIDCO LIMITED | 5 yrs | London | Financial services | Dec-2024, Turnover: £91k, Debts: £4.3m, Net Assets: £-17.1m, Staff: 2, Est PBT: £-4.9m |
| 02/02/2026 | STAR PROPERTY INVESTMENT | 11 yrs | South East | Real estate | Mar-2025, Trade Debtors: £94k, Debts: £13.0m, Other debts: £610k, Net Assets: £331k |
| 16/02/2026 | PANDA MIDCO LIMITED | 5 yrs | London | Financial services | Dec-2024, Turnover: £38.5m, Trade Debtors: £3.3m, Debts: £4.3m |
| 20/02/2026 | APOLLO HOME HEALTHCARE | 12 yrs | Midlands | Employment services | Dec-2024, Turnover: £35.4m, Trade Debtors: £2.2m, Net Assets: £1.7m, Staff: 172 |
| 18/02/2026 | PHOENIX PROPERTIES | 10.7 yrs | Scotland | Real estate | May-2025, Net Assets: £3.0m, Staff: 8, Est PBT: £1.3m |
| 05/02/2026 | R & W SCOTT LTD | 21.9 yrs | Scotland | Food manufacturing | Mar-2025, Turnover: £17.4m, Trade Debtors: £2.1m, Debts: £1.8m, Other debts: £1.1m |
| 13/02/2026 | BRIDGING MADE EASY NW | 3.3 yrs | North West | Financial services | Feb-2025, Net Assets: £380k, Staff: 2, Est PBT: £390k |
| 24/02/2026 | ANNIKA PROPERTIES LTD | 11.7 yrs | London | Real estate | Mar-2024, Debts: £57k, Other debts: £10.8m, Net Assets: £1.0m, Staff: 3 |
| 02/02/2026 | SP UK INVESTMENT LIMITED | 9.8 yrs | South East | Real estate | Mar-2025, Net Assets: £251k, Staff: 3, Est PBT: £-3k |