Mercia College Limited


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About the Business

Company Name: Mercia College Limited Company Number: 6672390
Business Type: Education Years Trading: 4-5 years
Business Location: DERBYSHIRE

About the Risk

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About the Security

Security Offered:

All Assets Debenture

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

I run a National Government funded training organisation. We specialise in Apprenticeships, NVQ’s (QCF) and commercial Mandatory Training. We deliver qualifications in various sectors such as Business Administration, Customer Service, Retail, Warehouse and Storage, Health and Social Care and Hospitality Services. These programmes are funded and paid to us through government funds, through working in partnership with other prime contractors that pay us to deliver the courses. Our aim as a company is to help get unemployed people back into work, we do this through work based learning (on the job) through an apprenticeship scheme or NVQ (QCF) qualification. I have a small sales team that carry out business to business calls to encourage employers to train current staff or to employ new staff, from our vast list of candidates, through an apprenticeship scheme. We deliver our training in the workplace over a period of 6-12 months. These candidates will receive a visit from one of our qualified assessors every month who will deliver the qualification to them stage by stage. We also run a roll-in programme in our training rooms delivering Mandatory Training which includes Health and Safety, Food Hygiene, Infection Control, Moving and Positioning, Safeguarding and First Aid. This training is delivered on a commercial paid basis. We also deliver another in-house training programme for 16-19 year olds called the Study programme. The course that is currently running is for 10 students and will be delivered over a 6 month duration. The course is designed to encourage, support and train the students. The main outcome is to help the candidate’s progress into employment or onto further education. This programme will up skill the candidates allowing them to gain life skills to enable them to get a job! This particular course is Health and Social Care specific and the candidates will gain an NVQ Level 3 Diploma in Health and Social Care. The course also includes Functional Skills in mathematics and English. Alongside this, will be an Employability skills course and a Medication course. Upon completion the candidates will enter into a work placement. The Course itself develops each individual and helps them to become more employable

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Loan Offers

What is the loan for?

The loan will be used to deliver an additional Study Programme as part of a new government scheme. This is an investment in the business in order to secure government funding for future courses. Funding is secured by meeting a number of criteria which we already have in place in addition to the successful delivery of the course. We have a proven track record in delivering this course with a 92% completion rate compared to a national average of 63%. The programme will run over the duration of one year and through successful delivery of the programme we will then be awarded a direct contract. This will mean we will not have to sub-contract through any other companies which in turn will result in greater profit for the company.

Why consider investing?

We have been established since 2008 and I have been a director since 2010. The company delivered a course which started in 2009 called the Foundation Learning Course, which has now been changed to the Study Programme. I have a very high success rate for the delivery and outcome of this particular course and my success rate overall over the years has always been over 92%. I have all the lesson plans and awarding body status to deliver the programme as I am already set up and currently delivering the same course. I would like the opportunity to get a direct contract, therefore cutting the middle man out. These contractors charge a management fee which can vary from 15%- 30%, so these funds would then come direct to me instead of through a third party.