Dearne Valley College selected NCM Auctions to expertly manage the disposal of its surplus welding equipment whilst maximising the return and minimising college resource. With over 1000 assets sold for colleges across the UK, NCM Auctions has the expertise and experience to meet the college’s needs.

NCM Auctions handled all aspects of this surplus asset sale from removal and transportation of the assets to our central warehouse through to sale and buyer collections.

Once at our central sales warehouse NCM Auctions then prepared the assets for sale by creating online listings on our partner platform Bidspotter. We prepared detailed descriptions and photographs to attract buyers from across the UK and Europe. NCM Auctions then began to market the assets through online advertising and email campaigns to our large database of college asset buyers.

Throughout the online auction, NCM Auctions managed all buyer enquiries, inviting them to our warehouse to inspect the assets whilst supervising all visits to ensure the security of the assets.  We then worked closely with buyers to remove and transport the assets ensuring compliance with all health and safety regulations.

TONY AUSTIN, DEARNE VALLEY COLLEGE

Background

Dearne Valley College is a Further Education college based in the heart of South Yorkshire. After deciding to close their apprentice welding department after falling numbers of apprentice applications they were left with a wide range of welding equipment from, MIG, TIG and stick welders to downdraft benches and pillar drills. Needing to focus its resources on other areas the college sought an expert partner to help facilitate the disposal of these surplus assets from end to end. NCM Auctions handled all aspects of this surplus asset sale from removal and transportation of the assets to storage at our central warehouse through to sale and buyer collections.

Situation

Once at our central sales warehouse, NCM Auctions prepared the assets for sale by creating online listings on our partner platforms BidSpotter and i-Bidder. We prepared detailed descriptions and photographs to attract buyers from across the UK and Europe. NCM Auctions then began to market the assets through online advertising and email campaigns to our large database of college asset buyers.  Dearne Valley College selected NCM Auctions to expertly manage the disposal of its surplus welding equipment whilst maximising the return and minimising college resource. With over 1000 assets sold for colleges across the UK, NCM Auctions has the expertise and experience to meet the college’s needs.

Method

Throughout the online auction, NCM Auctions managed all buyer enquiries, inviting them to our warehouse to inspect the assets whilst supervising all visits to ensure the security of the assets.  We worked closely with buyers to remove and transport the assets ensuring compliance with all health and safety regulations.

Results

NCM Auctions facilitated the sale of 99% of Dearne Valleys surplus welding assets and, in doing so we were able to free up valuable college resources by handling every aspect of the sales process ourselves. The auction returned significant capital to the college, generating approximately £36,000 from over 138 bidders in just 3 weeks.