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Herold's Institute was based in Drummond Road, Bermondsey. It had previously been part of the British and Foreign School Society and became a branch of the Borough Polytechnic Institute from 1892. The Borough Polytechnic Institute organised a course of evening lectures from 1894 in tanning which led the Worshipful Company of Leathersellers and London County Council to fund the Institute to run day classes from 1895. The Herold Institute Committee, under the control of the Borough Polytechnic, consisted chiefly of members of the leather trade.
In October 1909 a new building was opened for the Institute at 176 Tower Bridge Road, paid for by the Leathersellers' Company and designated the Leathersellers Technical College. The College merged with the leather department of Nene College in 1976 and a new centre for leather education was created, opening in 1978 as the National Leathersellers' Centre. In 1991 it was renamed the British School of Leather Technology and in 1999 Nene College was designated as University College Northampton, now the University of Northampton.