Other banks
February 2025
12th in cohort
U.S. Bank Trustees
February 2025 debenture analysis for U.S. Bank Trustees. Other banks cohort, ranked 12th.
February 2025 Debenture Activity
Year-over-year comparison of debenture registrations for February 2025
| Year | 2022 | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|---|
| Debentures | 20 | 21 | 20 | 17 | -18% |
Borrower Profile
Average borrower characteristics compared to cohort for February 2025
| Avg age (yrs) | Avg net assets | |
|---|---|---|
| U.S. Bank Trustees | 10.1 | £80.7m |
| Cohort average | 10.4 | £15.3m |
Top Sectors
| Sector | Count |
|---|---|
| Financial services | 11 |
| Office & business support | 4 |
| Education | 1 |
| Water transport | 1 |
Top Regions
| Region | Count |
|---|---|
| London | 12 |
| South East | 4 |
| Yorkshire / Humber | 1 |
Notable New Debentures
Significant new debenture registrations in February 2025
| Date | Business | Bus. age | Region | Sector | Financials |
|---|---|---|---|---|---|
| 27/02/2025 | CARNIVAL PLC | 24.6 yrs | South East | Water transport | Nov-2024, Turnover: £7479.5m, Trade Debtors: £166.9m, Debts: £428.3m, Other debts: £5716.3m, Net Assets: £1592.4m, Staff: 42919, Est PBT: £1184.7m |
| 04/02/2025 | LERNEN BIDCO LIMITED | 6.4 yrs | South East | Financial services | Aug-2024, Turnover: £1015.2m, Trade Debtors: £93.6m, Debts: £2097.4m, Other debts: £16.2m, Net Assets: £866.0m, Staff: 15520, Est PBT: £-76.2m |
| 13/02/2025 | NIXES SIX PLC | 11.6 yrs | London | Office & business support | Dec-2024, Turnover: £176.4m, Trade Debtors: £3.0m, Debts: £1629.2m, Other debts: £43.8m, Net Assets: £-13.5m, Staff: 1, Est PBT: £14.9m |
| 14/02/2025 | HCUK AUTO FUNDING 2022-1 LIMITED | 2.6 yrs | London | Financial services | Dec-2024, Turnover: £50.2m, Other debts: £850.0m, Net Assets: £2.2m, Est PBT: £4.3m |
| 24/02/2025 | GLOBALDRIVE AUTO RECEIVABLES UK 2020-A P.. | 4.9 yrs | London | Office & business support | Dec-2024, Turnover: £55.5m, Net Assets: £-16.5m, Est PBT: £-17.6m |
| 10/02/2025 | HH NO. | 2 yrs | LIMITED 7.1 Yorkshire / Humber | Office & business support | Sep-2024, Turnover: £35.7m, Trade Debtors: £373k, Other debts: £614.2m, Net Assets: £121.7m, Est PBT: £32.0m |
| 27/02/2025 | HCUK AUTO FUNDING 2017-2 LTD | 7.5 yrs | London | Financial services | Dec-2024, Turnover: £23.7m, Other debts: £349.8m, Net Assets: £139k, Est PBT: £-198k |
| 04/02/2025 | COGNITA SCHOOLS LIMITED | 36.3 yrs | London | Education | Aug-2023, Turnover: £179.2m, Trade Debtors: £39.9m, Debts: £175.6m, Net Assets: £29.8m, Staff: 2439, Est PBT: £3.9m |
| 27/02/2025 | PSF SECURITISATION NO.1 LTD | 1.5 yrs | London | Financial services | Dec-2024, Turnover: £21.4m, Other debts: £315.1m, Net Assets: £1k, Est PBT: £1k |
| 14/02/2025 | TOGETHER ASSET BACKED SECURITISATION | 202 yrs | 0.4 London | Financial services | Jun-2025, Turnover: £321k, Other debts: £259.6m, Net Assets: £-2.1m, Est PBT: £-2.9m |