Property Specialist December 2025 1st in cohort

The Mortgage Works

December 2025 debenture analysis for The Mortgage Works. Property Specialist cohort, ranked 1st.

December 2025 Debenture Activity

Year-over-year comparison of debenture registrations for December 2025

Year	2022	2023	2024	2025	YoY
Debentures	820	486	953	1127	+15%

Average borrower characteristics compared to cohort for December 2025

	Avg age (yrs)	Avg net assets
The Mortgage Works	2.9	£36k
Cohort average	4.3	£503k

Sector	Count
Real estate	1126
Retail trade	1

Significant new debenture registrations in December 2025

Date	Business	Bus. age	Region	Sector	Financials
16/12/2025	GNC INVESTMENT PROPERTIES	10.2 yrs	London	Real estate	Oct-2024, Net Assets: £549k, Est PBT: £102k
23/12/2025	DH ORMONDE LTD	10.8 yrs	Wales	Real estate	Mar-2025, Net Assets: £1.7m, Staff: 1, Est PBT: £373k
08/12/2025	SND LIMITED	3.7 yrs	London	Real estate	Apr-2025, Net Assets: £-133k, Staff: 2, Est PBT: £55k
30/12/2025	WHEELERS PROPERTY	11.4 yrs	East Midlands	Real estate	Nov-2024, Trade Debtors: £0k, Debts: £4.3m, Net Assets: £156k, Staff: 2, Est PBT: £87k
17/12/2025	THE BLACK PROPERTY	4.4 yrs	Scotland	Real estate	Mar-2025, Net Assets: £11k, Staff: 1
17/12/2025	BECAYA LIMITED	34.3 yrs	South East	Real estate	Mar-2025, Other debts: £14k, Net Assets: £3.8m, Staff: 1, Est PBT: £45k
22/12/2025	SILVERLINK PROPERTY LTD	6.2 yrs	East of England	Real estate	Mar-2025, Net Assets: £-176k, Staff: 2, Est PBT: £-120k
19/12/2025	MULBERRY PROPERTY	2.8 yrs	South East	Building construction	Mar-2025, Debts: £1.9m, Net Assets: £-596k, Staff: 3
10/12/2025	MELDENSI PROPERTY LTD	4.4 yrs	South East	Real estate	Jul-2025, Debts: £2.2m, Net Assets: £45k, Est PBT: £51k
17/12/2025	COGNICON LTD	10.8 yrs	London	Real estate	Feb-2025, Debts: £2.1m, Net Assets: £700k, Staff: 2, Est PBT: £135k

January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 January 2026 February 2026 March 2026