Challenger banks
November 2025
2nd in cohort
Shawbrook Bank
November 2025 debenture analysis for Shawbrook Bank. Challenger banks cohort, ranked 2nd.
November 2025 Debenture Activity
Year-over-year comparison of debenture registrations for November 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 335 | 219 | 277 | 263 | -5% |
Borrower Profile
Average borrower characteristics compared to cohort for November 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Shawbrook Bank | 6.3 | £735k |
| Cohort average | 6.5 | £636k |
Top Sectors
| Sector | Count |
|---|---|
| Real estate | 168 |
| Building construction | 19 |
| Financial services | 16 |
| Telecommunications | 8 |
| IT programming / consulting | 7 |
Top Regions
| Region | Count |
|---|---|
| South East | 52 |
| London | 46 |
| North West | 42 |
| Midlands | 29 |
| South West | 20 |
Notable New Debentures
Significant new debenture registrations in November 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 18/11/2025 | MORRIS BIDCO LIMITED | 4.8 yrs | South West | Financial services | Sep-2024, Turnover: £3.1m, Debts: £30.5m, Net Assets: £-4.5m, Staff: 18 |
| 05/11/2025 | GRE CAPITAL LTD | 18.6 yrs | South East | Real estate | Mar-2025, Turnover: £5.3m, Trade Debtors: £2.6m, Debts: £28k, Other debts: £25.5m |
| 07/11/2025 | KIDO SCHOOLS UK LIMITED | 9.4 yrs | Midlands | Social work | Jun-2025, Turnover: £22.5m, Trade Debtors: £1.7m, Other debts: £5.0m |
| 21/11/2025 | ZUTO HOLDINGS LIMITED | 12.4 yrs | North West | Head offices & consultancy | Jun-2024, Turnover: £61.8m, Trade Debtors: £5.6m, Debts: £1.6m, Other debts: £803k |
| 19/11/2025 | TELCOM GROUP LTD | 7.4 yrs | North West | - | Jun-2024, Turnover: £17.1m, Trade Debtors: £2.0m, Debts: £8.1m, Other debts: £70.7m |
| 12/11/2025 | WHITFIELD PORTFOLIO | 7.9 yrs | East of England | - | Mar-2025, Trade Debtors: £121k, Debts: £26.4m, Net Assets: £32.2m, Staff: 16 |
| 18/11/2025 | CODESTONE SOLUTIONS | 27.9 yrs | South West | IT programming / consulting | Sep-2024, Turnover: £33.5m, Trade Debtors: £9.1m, Net Assets: £5.4m, Staff: 219 |
| 24/11/2025 | BRETT PROPERTY | 10 yrs | South West | Real estate | Nov-2024, Debts: £1.4m, Other debts: £10k, Net Assets: £12.1m, Staff: 2 |
| 13/11/2025 | ITI OPERATIONS LIMITED | 22.9 yrs | Yorkshire / | IT programming / consulting | Dec-2024, Turnover: £27.7m, Trade Debtors: £7.5m, Net Assets: £12.4m, Staff: 206 |
| 19/11/2025 | DSG PROPERTY MANAGEMENT | 13.2 yrs | South East | Real estate | Sep-2025, Trade Debtors: £9k, Debts: £17.4m, Net Assets: £11.0m, Staff: 1 |