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New AIM admission: Northcoders set for training roll out

Northcoders Group offers software coding training and helps the students to gain employment. Demand for this training is enormous with the government estimating that 1.2 million technically skilled people will be needed by 2022. The knock-on effects of Covid-19 will only have accelerated this requirement.

This is a fragmented market and Northcoders can roll out its services in additional regions. This will be important for the growth of the company. There could also be acquisition opportunities.

Trading has improved this year and the Manchester and Leeds sites have reopened. Revenues to the end of May were around £800,000 – more than two-thirds of 2020 revenues. More applications for courses have been received than for the whole of last year. The company has started to offer apprent...

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