Woodspeen Training was incorporated in November 2007 with the aim of creating a substantial UK vocational training business principally by acquiring existing businesses providing Government sponsored and / or privately funded vocational training.  The Government funded vocational training market is highly fragmented and the Directors believe this provides an opportunity for the Company to build a large and profitable business by consolidating the sector and realising the synergies that such consolidation brings.

Woodspeen Training currently has two subsidiaries - Futures Training Centres Limited (acquired May 2008) and A&R Training Services Limited (acquired May 2009).

The acquisition of A&R in May 2009 diversifies the government sponsored vocational programmes (“Learndirect” and “Train to Gain”) that Woodspeen currently operates. More importantly, however, it exposes Woodspeen to apprenticeship programmes which it expect to be a major growth area in the future when, in four years time, the school leaving age is increased from 16 to 17 and in five years time from 17 to 18. 16-18 Apprenticeships will be an alternative to those children, at the age of 16, who do not wish to continue in formal academic education.