Case Study: Bracknell & Wokingham College

Endorsements are a testament to the proficiency of a business and we want every business we work with to achieve success. Here is a detailed analysis of the work we carried out for one of our clients and how it helped their business.

background

NCM were approached by Bracknell and Wokingham college to help find a solution for a range of surplus assets including log cabins which the college no longer had use for.

Situation

The college were downsizing certain departments after consolidating. They no longer had need for many assets and were looking for a way to raise cash for new items that the college needed.

Method

To prevent further depreciation and to raise funds for the college, NCM auctioned the surplus assets on behalf of Bracknell & Wokingham College.

Results

A successful auction ensued, resulting in 96% of assets sold, with a mop-up second auction of un-sold assets going into our monthly collective auction. Customers came from all over the country to dismantle and collect their assets.

Bracknell & Wokingham College had a range of surplus assets to dispose of from a small number of departments as a result of consolidation. NCM Asset Management did a superb job. Emma and Nancy were always most helpful with our queries and the process was simple and hassle-free. We only needed someone on site for a day to do the allocation of lots and photography. Other than that, all the interaction with NCM was by email and telephone. We generated income beyond our expectations and we would not have started this process without someone like NCM on board to help. The College is happy to recommend NCM and they will be our first port of call should a future need arise.

Alan Fuller | Bracknell & Wokingham College

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