Site Search
December 2018 edition


Not a subscriber?
To request a Two-Issue Free Trial email your details to: subs@theassignmentreport.com
The Assignment Report Events

Making a difference - Maximising learning outcomes and improving workflow in schools

14 February 2019, 13.45 to 17.45, Ironmonger's Hall, London

Confirmed panellists include: Steve Burnett, Managing Director, RM Education; Andrea Carr, Founder of Rising Stars; Paul Charman, Managing Director, FFT Education; Richard Marett, CEO, Whizz Education; Amanda Peck, Executive Director Marketing, Professional Group, McGraw-Hill Education; Josh Perry, Director, Assembly; Ian Rowe, Business Development Director, GCSEPod; and, Dan Sandhu, CEO, Sparx.

Paul Howells (CEO, Eteach Group), Julian Drinkall (CEO, AET) and Rupert Barclay (Managing Partner, Cairneagle)


FE budget cuts continue to impact Protocol National

publication date: Apr 1, 2013
Print
Protocol National, the largest third party provider of staff to FE colleges in the UK, has reported an operating profit of £1.6m (2011: £1.9m) for the year ended 30 June 2012 on revenue down 11% to £32.5m (2011: £36.5m), according to accounts filed recently at Companies House. The continued decline in sales and profit in FY12 was due to ongoing funding pressures on FE colleges. However, the company reports it is committed to working in partnership with FE colleges to provide value for money solutions and believes it is well positioned to support the evolving needs of colleges. The company expects FY13 to deliver a similar financial performance.

Protocol National is controlled by Bridgepoint Capital, and provides supply teachers, recruitment services and assessment and training services to FE colleges. In August 2011, Bridgepoint Capital sold Protocol Education, its UK school teacher supply business, to the Graphite Capital backed Education Personnel Holdco Limited, for £31.2m (including fees). Bridgepoint Capital is yet to find a buyer for Protocol National.

Bridgepoint Capital’s other education investment is education publisher Infinitas Learning which it acquired for €774m in June 2007 from Wolters Kluwer.

 

www.protocol-national.co.uk

www.bridgepoint.eu


Copyright Meissa Limited 2005-2018