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National Computing Centre
The National Computing Centre (NCC) was an independent not-for-profit membership and research organisation in the United Kingdom. After the original organisation was liquidated in 2010, Redholt Limited changed its name to the National Computing Centre Limited (NCC Ltd) and acquired the assets of the original NCC through a pre-pack administration arrangement. This new for-profit company, formed in 2010, initially offered some of the same services as the original NCC but in 2012 became a shell company as it had to file for protection from its creditors and make most of its staff redundant. Formation and early years The National Computing Centre was founded on 10 June 1966 by the Labour government, as an autonomous not-for-profit organisation, in order to be the "voice of the computer user", encourage the growth of computer usage in the UK and ensure that the necessary education and training was made available. NCC was one of the visible outcomes from Harold Wilson's "White He ...
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Limited By Guarantee
In British, Australian, Bermudian, Hong Kong and Irish company law (and previously New Zealand), a company limited by guarantee (CLG) is a type of corporation used primarily (but not exclusively) for non-profit organisations that require legal personality. A company limited by guarantee does not usually have a share capital or shareholders, but instead has members who act as guarantors of the company's liabilities: each member undertakes to contribute an amount specified in the articles (typically very small) in the event of insolvency or of the winding up of the company. A company limited by guarantee can distribute its profits to its members, if allowed to by its articles of association, but then it would not be eligible for charitable status. Like a private company limited by shares, a company limited by guarantee must include the suffix " Limited" in its name, except in circumstances specifically excluded by law. One condition of this exclusion is that the company does not ...
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Pascal (programming Language)
Pascal is an imperative and procedural programming language, designed by Niklaus Wirth as a small, efficient language intended to encourage good programming practices using structured programming and data structuring. It is named in honour of the French mathematician, philosopher and physicist Blaise Pascal. Pascal was developed on the pattern of the ALGOL 60 language. Wirth was involved in the process to improve the language as part of the ALGOL X efforts and proposed a version named ALGOL W. This was not accepted, and the ALGOL X process bogged down. In 1968, Wirth decided to abandon the ALGOL X process and further improve ALGOL W, releasing this as Pascal in 1970. On top of ALGOL's scalars and arrays, Pascal enables defining complex datatypes and building dynamic and recursive data structures such as lists, trees and graphs. Pascal has strong typing on all objects, which means that one type of data cannot be converted to or interpreted as another without explicit conversi ...
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Organizations Established In 1966
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includin ...
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Computer Science Education In The United Kingdom
Computer science education in the United Kingdom is carried out in the UK mostly from the age from 11, with most computer scientists needing a university degree also; from 11 and beyond, it is a predominantly male subject. In their teenage years, around 3% of girls are interested in computing as a career, as opposed to 17% of boys. History 1980s Secondary schools taught logic, hardware and binary up to the age of 16 together with the programming language BASIC. 1990s Computer science was taught much less across schools up to 16. Computer science was largely only taught from 16 to 18. 2000s Computer science was infrequently taught in schools up to the age of 16. 2010s The 2010 general election would result in a swift change in education policy on computer science education across England. The subject had not been taught as widespread as it could have been, and much more emphasis would now be placed on developing hard-core computing skills, and for primary schools too. In January ...
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Accommodation Address
"Accommodation address" is a term used mostly in the United Kingdom to denote a location where mail can be delivered in the name of a person or business for retrieval. The service is similar to poste restante and post office boxes, but is generally supplied by a private company, or even an individual. The degree of service can range from full secretarial and telephone answering, to a simple mail drop. Small businesses use accommodation addresses when they have no fixed place of business, and do not wish to use a post office box, a proper address giving an air of respectability. Accommodation addresses are occasionally used to have goods delivered that have been paid for through credit card fraud. See also * Serviced office A serviced office is an office or office building that is fully equipped and managed by a facility management company, also known as an office provider, which then rents individual offices or floors to other companies. Serviced offices, also referre ... Refere ...
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Companies House
Companies House is the executive agency of the company registrars of the United Kingdom, falling under the remit of the Department for Business, Energy and Industrial Strategy. All forms of companies (as permitted by the Companies Act) are incorporated and registered with Companies House and file specific details as required by legislation. All registered limited companies, including subsidiary, small and inactive companies, must file annual financial statements in addition to annual company returns, and all these are public records. Only some registered unlimited companies (meeting certain conditions) are exempt from this requirement. The United Kingdom has had a system of company registration since 1844. The legislation governing company registration matters is the Companies Act 2006. History 19th century Prior to 1844, companies could only be incorporated through grant of a royal charter, by private act of Parliament, or, from 1834, by letters patent. Few companie ...
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Royal Mail
, kw, Postya Riel, ga, An Post Ríoga , logo = Royal Mail.svg , logo_size = 250px , type = Public limited company , traded_as = , foundation = , founder = Henry VIII , location = London, England, UK , key_people = * Keith Williams (Non-executive Chairman) * Simon Thompson (CEO) , area_served = United Kingdom , industry = Postal services, courier , products = , services = Letter post, parcel service, EMS, delivery, freight forwarding, third-party logistics , revenue = £12.638 billion(2021) , operating_income = £611 million (2021) , net_income = £620 million (2021) , num_employees = 158,592 (2021) , parent = , divisions = * Royal Mail * Parcelforce Worldwide , subsid = * General Logistics Systems * eCourier * StoreFeeder * Intersoft Systems & Programming , homepage = , dissolved = , footnotes = International Distributions Services plc (formerly Royal Mail plc), trading as Royal Mail, is a British multinational postal ser ...
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Open-source Software
Open-source software (OSS) is computer software that is released under a license in which the copyright holder grants users the rights to use, study, change, and distribute the software and its source code to anyone and for any purpose. Open-source software may be developed in a collaborative public manner. Open-source software is a prominent example of open collaboration, meaning any capable user is able to participate online in development, making the number of possible contributors indefinite. The ability to examine the code facilitates public trust in the software. Open-source software development can bring in diverse perspectives beyond those of a single company. A 2008 report by the Standish Group stated that adoption of open-source software models has resulted in savings of about $60 billion per year for consumers. Open source code can be used for studying and allows capable end users to adapt software to their personal needs in a similar way user scripts an ...
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ...
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Management Buy-out
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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NCC Group
NCC Group (LSE: NCC) is an information assurance firm headquartered in Manchester, United Kingdom. Its service areas cover software escrow and verification, cyber security consulting and managed services. NCC Group claims over 15,000 clients worldwide. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History NCC Group was formed in June 1999, when the National Computing Centre sold its commercial divisions to its existing management team supported by private equity firm ECI Ventures. This new company was named NCC Services Ltd and was renamed NCC Group Ltd in May 2000. In 2000, Rob Cotton was hired as finance director and subsequently took responsibility for the Group's escrow division. In 2003 he led a secondary management buyout and became chief executive of NCC Group Ltd. This valued the Group at £30 million and was supported by Barclays Private Equity. On 12 July 2004 NCC Group was admitted to trading on AIM, with the flota ...
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ECI Partners
ECI Partners is a growth focused private equity group based in the UK and the US, first established by the Bank of England in 1976. ECI typically invests up to £100m of equity (as part of an initial transaction) in businesses valued at up to £300m It was a founder member of the British Private Equity and Venture Capital Association in 1983 having organised its first management buyout (for Ansafone) in 1980. In the first decade of ECI's investment they were active across a range of investments including syndicated transactions; early investments included Williams Holdings – owner of Chubb and Kidd – founded by Nigel Rudd and Brian McGowan, and Shanks & McEwan. From the start of the 1990s (ECI 4) the exclusive focus became UK mid-market buyouts investing in the likes of National Express and Bloomsbury Publishing. The turn of the millennium saw ECI raise ECI 7 with leading growth investments including Thinkmoney and LateRooms. In July 2018 ECI announced the first and f ...
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