Olci

[edy]

Hi does any one know if OLCI has been brought out or was it a question of having to be brought out ?

 

[Alanc]

Do u mean bought?

 

[helpsy]

This is the letter that has just arrived.

 

[steadyon]

Looks like it went into administration as insolvent, and was bought from the administrators by a group which included ERR.

 

[kirkgas]

So anyone who's paid for a course will lose their money, but the new company will sign them up again I suppose :-(

 

[marvoni]

“After suffering an extended period of financial losses, OLCI was unable to meet its commitments to creditors and in early April had a winding-up petition presented against it. The directors took the decision that insolvency was unavoidable and consulted KPMG to help find a solution that would best protect the interests of students, creditors and employees. KPMG conducted an accelerated sales and marketing campaign and the pre-pack sale secured ensures the best outcome for all parties.”

Source

Also OLCI Construction Training has gone into Administration

 

[village idiot]

Where is that nice lady from OLCI (Adriana or whatever her name is)? Is this not an opportunity for her to present the true story?

BTW, if the story is true, then Dan may have to consider removing them as SPONSORS of the forum, well after the agreed contractual time runs out I suppose. I just hope they do not go down the route of that other plumbing firm that was based in Chessington? What were they called again???

 

[Irish]

btsc you use them vi ?

 

[village idiot]

btsc you use them vi ?

I do not work for them I am afraid. Just that I know many people were sharfted by them according to post that had been posted in this forum. I believe most lost their hard earned (well, borrowed) cash

 

[Irish]

i meant did you use them ,but i know a few guys that used them got their quals though ,but said they learned f all !! they had max cliffords endorsement as his nephew got qualified there, bad omen