Challenger banks
July 2025
2nd in cohort
Shawbrook Bank
July 2025 debenture analysis for Shawbrook Bank. Challenger banks cohort, ranked 2nd.
July 2025 Debenture Activity
Year-over-year comparison of debenture registrations for July 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 293 | 216 | 251 | 271 | +7% |
Borrower Profile
Average borrower characteristics compared to cohort for July 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Shawbrook Bank | 6.3 | £735k |
| Cohort average | 6.5 | £636k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 199 |
| Financial services | 14 |
| Building construction | 14 |
| Unknown | 6 |
| Head offices & consultancy | 5 |
Top Regions
| Region | Count |
|---|---|
| London | 69 |
| South East | 49 |
| North West | 32 |
| Midlands | 31 |
| Yorkshire / Humber | 25 |
Notable New Debentures
Significant new debenture registrations in July 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 01/07/2025 | 4SYTE LTD | 9.2 yrs | South East | Financial services | Dec-2024, Turnover: £17.6m, Trade Debtors: £143.4m, Debts: £82.6m |
| 28/07/2025 | PROJECT SIRIUS TOPCO | 4.2 yrs | North West | Financial services | Dec-2024, Turnover: £41.0m, Trade Debtors: £4.8m, Debts: £13.8m |
| 28/07/2025 | ROUTES HEALTHCARE (NORTH) | 16.3 yrs | North West | Employment services | Dec-2024, Turnover: £38.3m, Trade Debtors: £4.8m, Debts: £86k, Net Assets: £8.5m |
| 29/07/2025 | MERCHANT MONEY SPV D LTD | 4.1 yrs | London | - | Jun-2025, Trade Debtors: £24.8m, Other debts: £17.0m, Net Assets: £278k |
| 01/07/2025 | 4SYTE SECURED FINANCE LTD | 6.7 yrs | South East | Financial services | Dec-2025, Trade Debtors: £17.8m, Net Assets: £1.9m, Staff: 4, Est PBT: £-551k |
| 29/07/2025 | AFFORDABLE HOUSING | 9.7 yrs | South West | - | Jan-2025, Turnover: £11.5m, Trade Debtors: £390k, Debts: £64.8m, Net Assets: £38.0m |
| 29/07/2025 | MERCHANT MONEY LTD | 23 yrs | East of England | - | Jun-2025, Turnover: £19.2m, Trade Debtors: £8.1m, Other debts: £78.4m |
| 28/07/2025 | PROJECT SIRIUS BIDCO | 4.2 yrs | North West | Financial services | Dec-2024, Debts: £13.7m, Other debts: £40.4m, Net Assets: £-16.8m, Est PBT: £-5.8m |
| 29/07/2025 | FOREVER BIDCO LIMITED | 3.5 yrs | London | Financial services | Dec-2024, Turnover: £1.7m, Debts: £18.9m, Other debts: £3.9m, Net Assets: £560k |
| 28/07/2025 | DSG PROPERTY MANAGEMENT | 12.9 yrs | South East | Real estate | Sep-2025, Trade Debtors: £9k, Debts: £17.4m, Net Assets: £11.0m, Staff: 1 |