Hi Richard
Leicestershire Aero Club can afford to keep their costs down because they operate the airfield as well as the flying school. So there are no local landing fees etc. The reputation of their training is good. Instructors who have trained there have been able to move on to working with Skybus, Ryanair, EasyJet, Atlantic and British Airways, so the fact it's a small school doesn't seem to be too much of a limitation. There is plenty of networking opportunity, as long as you take advantage of the social side.
PM me if you want to talk about it some more.