ABL + Invoice Finance
March 2025
23rd in cohort
Sonovate
March 2025 debenture analysis for Sonovate. ABL + Invoice Finance cohort, ranked 23rd.
March 2025 Debenture Activity
Year-over-year comparison of debenture registrations for March 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 6 | 8 | 17 | 6 | -183% |
Borrower Profile
Average borrower characteristics compared to cohort for March 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| Sonovate | 6 | £394k |
| Cohort average | 10.5 | £891k |
Top Sectors
| Sector | Count |
|---|---|
| Employment services | 5 |
| IT programming / consulting | 1 |
Top Regions
| Region | Count |
|---|---|
| London | 3 |
| South East | 2 |
| North East | 1 |
Notable New Debentures
Significant new debenture registrations in March 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 12/03/2025 | HEDGEHOG LAB LIMITED | 18.3 yrs | North East | IT programming / consulting | Apr-2025, Trade Debtors: £748k, Other debts: £2k, Net Assets: £-4.0m, Staff: 63 |
| 18/03/2025 | RADLEY JAMES LIMITED | 15.4 yrs | London | Employment services | Dec-2024, Trade Debtors: £61k, Debts: £18k, Net Assets: £267k, Staff: 26 |
| 12/03/2025 | CONNECT EXEC LIMITED | 6.8 yrs | London | Employment services | Dec-2024, Trade Debtors: £213k, Net Assets: £19k, Staff: 1, Est PBT: £73k |
| 18/03/2025 | RADLEY JAMES EUROPE | 10.4 yrs | South East | Employment services | Dec-2024, Trade Debtors: £205k, Net Assets: £7k, Staff: 1, Est PBT: £-16k |
| 12/03/2025 | OPAL DIGITAL LTD | 5.2 yrs | London | Employment services | Dec-2024, Net Assets: £132k, Staff: 1, Est PBT: £90k |
| 18/03/2025 | LJ RECRUITMENT LIMITED | 0.1 yrs | South East 0 Employment services | - | - |