Other banks December 2025 10th in cohort

U.S. Bank Trustees

December 2025 debenture analysis for U.S. Bank Trustees. Other banks cohort, ranked 10th.

December 2025 Debenture Activity

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

Year	2022	2023	2024	2025	YoY
Debentures	24	17	19	34	+44%

Average borrower characteristics compared to cohort for December 2025

	Avg age (yrs)	Avg net assets
U.S. Bank Trustees	10.7	£259.8m
Cohort average	11.3	£44.7m

Significant new debenture registrations in December 2025

Date	Business	Bus. age	Region	Sector	Financials
15/12/2025	NIXES SIX PLC	12.4 yrs	London	Office & business support	Dec-2024, Turnover: £176.4m, Trade Debtors: £3.0m, Debts: £1629.2m
05/12/2025	HCUK AUTO FUNDING 2022-1	3.4 yrs	London	Financial services	Dec-2024, Turnover: £50.2m, Other debts: £850.0m, Net Assets: £2.2m
22/12/2025	GLOBALDRIVE AUTO	5.7 yrs	London	Office & business support	Dec-2024, Turnover: £55.5m, Net Assets: £-16.5m
17/12/2025	VANTAGE DATA CENTERS UK	18.8 yrs	Wales	IT programming / consulting	Dec-2024, Turnover: £154.3m, Trade Debtors: £27.6m, Debts: £70.0m
23/12/2025	SEREN ONE LIMITED	7.7 yrs	London	Financial services	Dec-2024, Turnover: £27.7m, Net Assets: £2.6m, Est PBT: £-1.7m
10/12/2025	NEXT GENERATION DATA	9.6 yrs	South East	IT programming / consulting	Dec-2024, Net Assets: £404.4m
23/12/2025	SEREN TWO LIMITED	4.3 yrs	London	Financial services	Dec-2024, Turnover: £11.4m, Net Assets: £3.2m, Est PBT: £-2.5m
05/12/2025	HCUK AUTO FUNDING 2017-2	8.3 yrs	London	Financial services	Dec-2024, Turnover: £23.7m, Other debts: £349.8m, Net Assets: £139k, Est PBT: £-198k
22/12/2025	BRIDGEPOINT EUROPE VII	1 yrs	2.5 London	-	Dec-2024, Turnover: £19.0m, Debts: £311.8m, Net Assets: £117k

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