At NCM Auctions, we take pride in helping educational institutions across the UK unlock the hidden value in their surplus assets. From outdated classroom furniture to laboratory equipment and even entire fleets of vehicles, our tailored auction services provide schools and universities with vital funding while promoting sustainability.
Turning Surplus Into Opportunity
When institutions upgrade their facilities or transition to new curriculums, they often face the challenge of managing unused or outdated resources. That’s where NCM Auctions steps in. By turning surplus assets into valuable funds, we enable educational organisations to reinvest in their students and infrastructure.
Every college, school and university has surplus assets be it from a merger, refurbishment, department closure, curriculum change or a build-up in storage over the years. We have been helping colleges and universities clear valuable space, lower clearance fees, hit their sustainability objectives and most importantly – generate unexpected revenue, quickly…for over a decade. The usual range of income generated for education partners is £25,000 to £150,000 per auction.
Take, for example, a recent auction for a well-established engineering college. Facing a significant campus refurbishment, the university partnered with NCM Auctions to sell surplus lathes, pillar drills, milling machines, work benches and much more. The auction attracted a wide audience, including mechanics, start-ups, and community organisations, resulting in a highly successful sale generating nearly £100,000 for the college.
A Win-Win Solution
Our auctions provide a dual benefit:
• Revenue Generation: Schools and universities can maximise the value of surplus assets, providing funds for upgrades, scholarships, or operational needs.
• Community Access: Buyers, ranging from local schools to charities, can acquire high-quality equipment and furniture at affordable prices.
Sustainability in Education
By giving these assets a second life, NCM Auctions helps institutions contribute to a circular economy. Instead of discarding usable resources, we connect them with buyers who can put them to good use—reducing waste and environmental impact.
Case Study: Newton Rigg College
One notable example of our work is the project with Newton Rigg College in Penrith. Following the announcement of the college’s closure in 2020, NCM Auctions undertook a comprehensive site clearance. This included multiple departments and a wide range of assets, such as farming and agricultural equipment, engineering machinery, commercial vehicles, ground care tools, and general college equipment.
Results Achieved:
• Financial Success: The auction raised over £300,000, with more than 850 items sold, primarily within the local community.
• Sustainability: By facilitating the reuse of equipment, we significantly reduced landfill waste, aligning with environmental objectives.
• Community Impact: The auction supported local SMEs and charities, providing them with access to quality equipment at affordable prices.
Building Stronger Partnerships
Our process is simple and transparent, from initial consultation to the final sale. We manage everything, including cataloguing, marketing, and collection of goods, ensuring a seamless experience for our clients. With a growing network of motivated buyers, our auctions consistently deliver strong results.
Ready to Unlock Value?
If your school, college, or university is looking to repurpose surplus assets, then begin your consignment today. Together, we can turn unused resources into opportunities for growth and innovation.
