ALEOs and Trusts

Glasgow City Council has formed subsidiaries companies with a 99.99% share holding. These companies are City Building (Glasgow) LLP, City Building (Contracts) LLP, City Parking LLP, City Property Glasgow LLP, Cordia services LLP, Cordia care LLP and City Markets Glasgow LLP. The remaining 0.01% share holding of these companies is owned by Glasgow City Council LLP Investments Ltd which is 100% owned by Glasgow City Council. Glasgow City Council also holds 90.87% of the shares in the Scottish Exhibition Centre.

For completeness the following companies have no shares but Glasgow City Council has 100% membership of the companies - Culture & Sport Glasgow, Glasgow City Marketing Bureau and Glasgow Clyde Regeneration Ltd. Glasgow City Council also has 67% interest in Glasgow Cultural Enterprises Ltd.

Also ACCESS LLP, is a limited liability partnership (jointly owned by GCC and Serco). Clyde Gateway Urban Regeneration Company, a company limited by guarantee and not having a share capital (jointly owned by GCC, South Lanarkshire Council, Scottish Enterprise and the Scottish Government)

Glasgow City Council administers various Funds and Trusts with funds invested in stocks and shares. The share holdings associated with these Trusts and Funds is as follow:

In no instances does the Council own 100% of the shares of the companies involved.

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