ezy edtech
London
0 Comments I founded The Local Teachers Ltd in 2015, with the vision to make
education more accessible and convenient locally. At the Local Teachers, we
helped over 25,000 students in the last 8 years to boost their grades and help
them go to their desired universities, we have fostered partnerships with 13
schools in London and 3 councils to help them support pupils with our
intervention tuition programs in sciences, Mathematics and English. With that
same vision and passion, I have founded Ezy Edtech Ltd to purchase assets as
part of the liquidation of EzyEducation Ltd via a CVL to make quality education
more accessible in different ways. That purchase transfers the rights of the
EzyEducation website, courses, and high-quality book stocks of 10,000 with a
commercial value of £5-10 per book to Ezy Edtech Ltd. The goodwill and support
of ex EzyEducation employees has also been secured. Moreover, we have renewed
all suppliers’ contracts such as the Zapper app, which makes more accessible our
revision pocket booklets by pulling the interactive videos lessons, and quizzes
from our platform to iOS and Android devices which increasingly more and more
students are relying on for their revision routines. The EzyEducation platform
and customer relationships benefited from £2.5m of investment and reinvested
earnings. This means that Ezy Edtech bypasses the development costs usually
associated with start-ups. The platform is currently used by over 150 school
users (subscriptions of £200,000 in 2019 and £130,000 during 2021 (revenue
decreased due to COVID19 exam cancellations). Although EzyEducation Ltd ceased
trading on 14/12/2021 the platform has remained in use through this period with
zero disruption for customers. Over this period, we had 188,543 sessions, 90,103
users, and 3.25 million hits. This continuation of user engagement is a clear
indication of the success we can build on moving forward. With that strong
foundation for success, here are our short-term objectives. At the present our
most important objective is to secure renewals for the schools Minimise the
service disruptions - renew contracts for all our suppliers and staff where
possible. Improve our resources wherever necessary - such as creating more
resources to make teachers’ life easier - in doing so, we will be complementing
with PowerPoints lectures with the video lessons on the platform – so that
teachers do not spend so much time and resources in creating lesson plans but
rather focus on delivering and
