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RNS Number : 9938C Northcoders Group PLC 01 April 2025
This is a Reach (i.e. non-regulatory) announcement, and the information
contained is not considered to be material or to have a significant impact on
management's expectations of the Company's performance
1 April 2025
Northcoders Group PLC
('Northcoders', the 'Group' or the 'Company')
New Consultancy contract wins
Northcoders to provide digital training to leading UK Building Society
and Manchester Airports Group
Northcoders (AIM:CODE), a market leader in technology training in the UK, is
pleased to announce that its consultancy brand, Counter® has secured new
contracts with Skipton Building Society ('Skipton'), one of the leading
UK-based mutual financial services groups, and Manchester Airports Group
('MAG').
Following the successful integration of a Data Engineering team in 2024,
Skipton has agreed terms for a second consultancy contract with Counter® in
line with its strategy to grow internal capabilities and deliver its ambitious
technology strategy. This team is supporting the delivery of the Society's
brand-new customer web and mobile applications for its members using the
Northcoders business model of deploying advanced engineers from Northcoders
alumni and the Group's Tech Returners business. Beyond the immediate delivery
to Skipton's members, a key benefit to the Society is the option for the
Consultants to join Skipton for the next stage of their career.
Following an initial six-month engagement with MAG, a further three-month
contract extension has been agreed. The embedded team of technologists will be
working on a project to enhance MAG's three airport websites, and delivering
an improved mobile experience.
Chris Hill, CEO of Northcoders, said: "We are delighted to announce the new
contracts for our consultancy division, reflecting the recent progress made by
Counter® in disrupting the traditional, hire, train, deploy market. With a
focus specifically on the underserved technology training market, and offering
the best-in-class Consultants, we are beginning to build a brand,
relationships and pipeline to take material market share in the medium term,
particularly with return customers like Manchester Airports Group.
"This demonstrates the successful diversification of Northcoders revenues as
we mature as a business, addressing the UK's significant digital skills gap in
private and public services and meeting technology transformation aspirations
over the coming years."
June Powell, Engineering Enablement Lead, Skipton Building Society, said: "I
had the pleasure of working with Counter® last year on a project, and I am
delighted to have the opportunity to collaborate with them again in a
different area of our business. I look forward to seeing more of their skills
and experience in action as they continue to support The Society in our
ongoing evolution. Their collaborative approach and the time they dedicate to
truly understanding our culture make them an ideal fit for Skipton."
- Ends -
For further enquiries:
Northcoders Group plc Via Burson Buchanan
Chris Hill, CEO Tel: +44 (0) 20 7466 5000
Charlotte Prior, CFO investors.northcodersgroup.com (https://investors.northcodersgroup.com)
Burson Buchanan Tel: +44 (0) 20 7466 5000
Henry Harrison-Topham northcoders@buchanan.uk.com (mailto:northcoders@buchanan.uk.com)
Steph Whitmore www.bursonbuchanan.com (http://www.bursonbuchanan.com/)
Jesse McNab
Notes to Editors
Northcoders is a market leading provider of technology training for businesses
and individuals with courses in, Software Engineering, Data Engineering, AI
and Machine Learning, and Platform Engineering. Founded in 2015, the Group
provides the highest quality online training to students across the UK via its
proven NCore technology platform.
Powered by IP rich technology, Northcoders offers boot camp courses to
individuals from a range of backgrounds, delivered through virtual and
physical learning. The Group also works with blue chip corporates across
multiple sectors to help them to achieve their digital requirements, with
teams as a service and to supply innovative solutions for the upskilling and
reskilling of employees. With a keen focus of inclusivity, diversity and
quality at its core, Northcoders aims to address the digital skills gap in the
UK to meet the increasing demand for digital specialists at all levels, from
businesses and public agencies.
Northcoders was admitted to trading on AIM in July 2021 with the ticker
CODE.L. For additional information please visit
investors.northcodersgroup.com (https://investors.northcodersgroup.com) .
About Counter®
Counter® specialises in deploying UK-based teams of technologists into
corporate clients, building dedicated teams that align technically and
culturally with clients' long-term goals. Counter® is a challenger brand to
the current tech consultancy, Offshore and Hire, Train and Deploy sector by
offering a different approach underpinned by an efficient and scalable
business model based on 100% utilisation rates for its Counter® consultants.
Counter®'s Consultants have either completed Northcoders' training and are
proficient in modern cloud and software solutions, including AI/ML
development, data and cloud engineering or are part of the Tech Returners
network. The consultancy's robust model ensures that at the end of each
engagement, clients have the option to onboard the consultants as full-time
employees ('FTEs'), at no additional cost, reinforcing skill retention and
continuity.
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