Advantage Training Services Ltd Bust!

Checking info from companies house this morning I have noticed that advantage had a creditors meeting yesterday!

Their adverts are still showing on google

I find this a little strange as I would of thought that we would of heard about this a few weeks back!

Starting to make a little more sense now looking into it a bit more, there is a new company called Spacialised training services ltd with the same directors that was incorporated on the 9th January 2012. So they are trying to get rid of their debts which is probably all tax they collected and not paid back, hence taking money out of the pot for services to me and you :imp:

It would be interesting to hear what they have to say about it.

Good intent burnie but I think the entire board is bored with brokers going under stories

The point has to be made over and over again so the message gets to the trainees and the trainers who have lost £100’s of thousands over recent years.

To the trainees I would repeat always have assessments and visit the trainer you are thinking of using.

To the trainers do not get sucked in by the promise of lots of work because you will loose money. I know it is tempting when times are hard but if you talk to Sean at ep and Peter smythe they will confirm that from this news they made the right decision in not working for advantage

To the brokers and anyone thinking of being a broker, do not do it as no one has made any money out of running a legit brokerage. The guys who run advantage worked at clearstone and look at what happened there so maybe third time lucky for them!

LGVTrainer:
Good intent burnie but I think the entire board is bored with brokers going under stories

There can never be enough stories of brokers going under. Hopefully each, very welcome, new one spreads the message a little further and helps to stop more people getting suckered in and losing money. It would be nice to think some of the threads and posts on here have helped in some way to hasten the journey to the wall for some of these parasites.

In my opinion it says a lot, none of it good, about a training establishment that doesn’t welcome the demise of a broker and goes so far as to suggest that these posts should not be made. It would make me think twice about ever using or recommending that training establishment.

Well done burnie1

I doubt the people on this board will ever get bored of reading about a broker company that’s potentially closing and starting again with a new name.

I’m sure this is especially true of there potential victims :wink:

tachograph:
Well done burnie1

I doubt the people on this board will ever get bored of reading about a broker company that’s potentially closing and starting again with a new name.

I’m sure this is especially true of there potential victims :wink:

+1

Spacial 1 - Advantage 0

Special Space

Coffeeholic:

LGVTrainer:
Good intent burnie but I think the entire board is bored with brokers going under stories

There can never be enough stories of brokers going under. Hopefully each, very welcome, new one spreads the message a little further and helps to stop more people getting suckered in and losing money. It would be nice to think some of the threads and posts on here have helped in some way to hasten the journey to the wall for some of these parasites.

In my opinion it says a lot, none of it good, about a training establishment that doesn’t welcome the demise of a broker and goes so far as to suggest that these posts should not be made. It would make me think twice about ever using or recommending that training establishment.

+1

I don’t get bored of people posting stories of them going under, I get bored of people posting stories of them having been scammed. :frowning:

Another one gone?? …
Yes maybe, but it’s far too easy for them to reinvent themselves and be back ‘at it’ next week. :imp:

:bulb: People say that there is too much regulation and red tape, but this is one area where regulation would be beneficial to candidates and trainers alike.

People say that there is too much regulation and red tape, but this is one area where regulation would be beneficial to candidates and trainers alike

As you know, Dave, there is NO regulation for the training industry which is precisely how these shysters get away with telling lies and stealing from innocent people.

There is a list of Accredited LGV Training Centres on the Driving Standards Agency website. Only a handfull in the country who are able to/can be bothered to jump the hoops to get on that list. And stay on it.

Similarly, there is still no compulsory qualification, registration or training to be an LGV Instructor. This has to be one of the biggest scandals of all time. Most candidates assume that, because an instructor has to be qualified to teach on a Fiesta, they must be qualified to train on a 44 tonne truck. They should be, but no-one makes them.

There is a Voluntary Register - details available from Driving Standards Agency. Accredited Centres have no option but to employ properly qualified instructors who are on the DSA register.

It’s all so simple. Make instructor qualification/registration compulsory. Change the rules for Accredited Training Centre status so that proper, genuine trainers can join the list. Then enforce it.

That’s my Sunday afternoon rant out of the way. Have a great weekend everyone! Pete :laughing: :laughing:

Advantage Training Services Ltd was placed into voluntary liquidation last week.

The directors of Specialised Training Services Limited have given an undertaking to honour any contractual arrangements for creditors who have outstanding instruction courses.

Regards,

AdvantageHGV

If the new company has taken on assets and liability’s then why the need for a new company :unamused:
Another con :unamused:

Advantage Training:
Advantage Training Services Ltd was placed into voluntary liquidation last week.

All assets and liabilities were purchased by Speclialised Training Services Ltd - this ensures that all customer’s money is safeguarded and that they will receive their courses, this also ensures that all training centres delivering these courses will be paid too.

Regards,

AdvantageHGV

I bet that not all the liabilities will be paid such as tax and money owed to the trainers of previous trainees along with the advertisers etc.

The same directors are running this new company so what are they going to do that is different to what they did a advantage and clearstone before that?

Now that advantage are no longer I would like to see the old thread that got locked to see what promises and statements they made just a few months back.

Advantage Training:
Advantage Training Services Ltd was placed into voluntary liquidation last week.

All assets and liabilities were purchased by Speclialised Training Services Ltd - this ensures that all customer’s money is safeguarded and that they will receive their courses, this also ensures that all training centres delivering these courses will be paid too.

Regards,

AdvantageHGV

I have not had any dealings with Advantage but be decent, they bothered to come and explain their actions. This is not a witch hunt and I personally have no feelings for brokers, either good or bad but this board is here to allow everyone their say.

Coffeeholic:
In my opinion it says a lot, none of it good, about a training establishment that doesn’t welcome the demise of a broker and goes so far as to suggest that these posts should not be made. It would make me think twice about ever using or recommending that training establishment.

As you say in your opinion. Clearly brokers are not that great for the industry. We both agree. In their hearts the brokers know that already. The broker business model in principle could be made to work. I personally think it needs the broker to make money from the trainers and not from the trainees.

I will not become one of the trainers that dreads competition. Instead I welcome it, as should all trainers.

Good luck to all trainees on test this week especially my 4.

No witch hunt but as I said if they have took over all assets and liability’s then why the need for a new company /■■?

LGVTrainer:

Advantage Training:
Advantage Training Services Ltd was placed into voluntary liquidation last week.

All assets and liabilities were purchased by Speclialised Training Services Ltd - this ensures that all customer’s money is safeguarded and that they will receive their courses, this also ensures that all training centres delivering these courses will be paid too.

Regards,

AdvantageHGV

I have not had any dealings with Advantage but be decent, they bothered to come and explain their actions. This is not a witch hunt and I personally have no feelings for brokers, either good or bad but this board is here to allow everyone their say.

Coffeeholic:
In my opinion it says a lot, none of it good, about a training establishment that doesn’t welcome the demise of a broker and goes so far as to suggest that these posts should not be made. It would make me think twice about ever using or recommending that training establishment.

As you say in your opinion. Clearly brokers are not that great for the industry. We both agree. In their hearts the brokers know that already. The broker business model in principle could be made to work. I personally think it needs the broker to make money from the trainers and not from the trainees.

I will not become one of the trainers that dreads competition. Instead I welcome it, as should all trainers.

Good luck to all trainees on test this week especially my 4.

You will probably find that they thought they could keep it quiet and keep trading as advantage but now the cat is out of the bag they need to try and convince the trainers to give them credit so the new company can trade.

I cannot see that any form of brokerage could make any form of money in the training of truck drivers because market forces dictate insufficient margin to pay for a middle man. Plenty have tried spending millions of pounds and costing innocent trainees thousands.

just out of interest, how the hell can a broker go bust? You take a house full of cash of of somebody and give a shed full to a trainer…

welder:
just out of interest, how the hell can a broker go bust? You take a house full of cash of of somebody and give a shed full to a trainer…

Because staffing and advertising costs amongst others outweigh the profit they make over and above paying the trainers

welder:
just out of interest, how the hell can a broker go bust? You take a house full of cash of of somebody and give a shed full to a trainer…

Hi welder,

There are various types of ‘broker,’ but those who have nothing of any real value to offer, such as smoke and mirrors, are going to find it tough once people start asking the right questions. :wink: