Challenger banks
March 2026
2nd in cohort
Shawbrook Bank
March 2026 debenture analysis for Shawbrook Bank. Challenger banks cohort, ranked 2nd.
March 2026 Debenture Activity
Year-over-year comparison of debenture registrations for March 2026
| Year | 2023 | 2024 | 2025 | 2026 | Chg | YoY |
|---|---|---|---|---|---|---|
| Debentures | 280 | 214 | 265 | 273 | +8 | +3% |
Borrower Profile
Average borrower characteristics compared to cohort for March 2026
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Shawbrook Bank | 6 | -£168k |
| Cohort average | 6.8 | £570k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 211 |
| Building construction | 19 |
| Financial services | 6 |
| Head offices & consultancy | 6 |
| IT programming / consulting | 4 |
Top Regions
| Region | Count |
|---|---|
| South East | 59 |
| London | 45 |
| North West | 45 |
| Scotland | 28 |
| Midlands | 23 |
Notable New Debentures
Significant new debenture registrations in March 2026
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 18/03/2026 | KIDO SCHOOLS UK LIMITED | 9.8 yrs | Midlands | Social work | Jun-2025, Turnover: £22.5m, Trade Debtors: £1.7m, Other debts: £5.0m |
| 05/03/2026 | THE EMS GROUP LTD | 4.4 yrs | North West | Financial services | Dec-2024, Turnover: £15.6m, Trade Debtors: £1.3m, Other debts: £30.5m |
| 26/03/2026 | BLUEGATE HOUSING LIMITED | 18.1 yrs | London | - | Feb-2025, Trade Debtors: £293k, Debts: £19.4m, Net Assets: £19.3m, Staff: 1 |
| 17/03/2026 | DSG PROPERTY MANAGEMENT | 13.5 yrs | South East | Real estate | Sep-2025, Trade Debtors: £9k, Debts: £17.4m, Net Assets: £11.0m, Staff: 1 |
| 03/03/2026 | CYBERFORT BIDCO LIMITED | 8.8 yrs | South East | Head offices & consultancy | Dec-2024, Debts: £21.2m, Net Assets: £-40.7m, Est PBT: £-13.7m |
| 05/03/2026 | EMS GROUP SOLUTIONS LTD | 4.9 yrs | North West | Other professional services | Dec-2024, Turnover: £15.6m, Trade Debtors: £1.3m, Debts: £4.0m, Net Assets: £11.5m |
| 20/03/2026 | KRUIDBERG CAPITAL LIMITED | 5.3 yrs | London | Real estate | Nov-2024, Trade Debtors: £111k, Debts: £13.7m, Net Assets: £152k, Est PBT: £226k |
| 17/03/2026 | SORIS ACQUISITION LTD | 4.4 yrs | South East | - | Apr-2025, Turnover: £31.0m, Trade Debtors: £4.2m, Debts: £10.6m, Other debts: £1.6m |
| 17/03/2026 | WATER DIRECT LIMITED | 26.7 yrs | South East | - | Apr-2025, Turnover: £31.0m, Trade Debtors: £4.2m, Net Assets: £19.1m, Staff: 91 |
| 03/03/2026 | CYBERFORT GROUP LIMITED | 8.8 yrs | South East | Head offices & consultancy | Dec-2024, Turnover: £22.3m, Trade Debtors: £2.4m, Debts: £23.0m |