Entries by David Kitchen

What is the Apprenticeship Levy?

In short, what is the Apprenticeship Levy? Gov.uk describe it simply, the Apprenticeship Levy is a levy on UK employers to fund new apprenticeships. Who does it apply to? It will be applied to businesses with annual pay bills in excess of £3 million, and the levy will be applied across all sectors. How much […]

Training Providers for Sale March 2018

Training Businesses for Sale March 2018   NORTH WEST                                                                                                                            REF: ALL/7/2018   ESFA Direct contract holder – Advanced Learning Loans -Contract Value £750,000 Plus Non Levy Contract £300k awarded from January 2018.   Sub-Contractor (ESF) – Contract Value c£500,000 to July 2018 Specialism – Construction   2017 Turnover £1.3m, Net Profit c £465,000 Projected […]

Time to Close or Revive Your Business?

After the events of the last 6 months, where does it leave you and your training business, and what are your options? You may have seen our recent piece in FE News – www.fenews.co.uk/featured-article/consolidation-of-training-providers-13825 The shambles of the last 6 months RoATP/ITT Tenders/Funding Allocations have left many providers in a precarious position. It is a very […]

Businesses for Sale

There is a lot of interest in buying and selling private training providers at this moment in time. Here are some of the providers we are working with that would consider a sale. 9/2017 – Apprenticeship Provider Midlands Sub Contractor, £250k turnover Wants to become part of a larger organisation   11/2017 – Prime Provider […]

Consolidation of Training Providers

The impact of the (unnecessary) RoATP process and the resultant pausing of the ITT tender raised a “common sense prevails” cheer from the ‘establishment’ of colleges and large contract holders. A ‘get out of jail free’ for many organisations who had not recognised the extent of the impending changes or adapted their business models to […]

Support for large employers with the Apprenticeship Levy

As the Apprenticeship Levy is introduced it is clear that many of the 20,000 levy paying employers are not ready for this change. Only around 1% of these employers have registered for the Register of Apprenticeship Training Providers (RoATP) which enables them to build their own in house academy utilising their Levy ‘pot’. We are […]

The Apprenticeship Levy is coming – are you ready?

One of the biggest events in the FE world is the introduction of the Apprenticeship Levy, which is being introduced in April 2017. All employers with a payroll in excess of £3m will have to make a contribution of 0.5% of payroll to pay for apprenticeship training. Many employers are not yet ready for this […]