Guildford Borough Council Holdings Ltd: update on the winding-up process

June 25, 2026 Executive Shareholder and Trustee Committee (Committee) Approved View on council website
Full council record

Decision

Decision:

That the Executive Shareholder and Trustee Committee note the steps taken to wind-up the company as per the earlier resolution of this Committee.

Reason(s):

  1. To enable the Council to fulfil its duties in respect of the shareholder function competently, robustly and transparently.
  2. To enable the Council to fulfil its duties in respect of best value and continuous improvement in respect of its interests in GBCH, and to keep under review the objectives, strategies and plans, and performance of each company.
  3. To fulfil the Council’s corporate governance duties in respect of GBCH.

Other options considered and rejected by the Committee:

None.

Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted:

None.

Supporting Documents

GBC Holdings Executive and Shareholder Committee June 2026.pdf

Details

OutcomeRecommendations Approved
Decision date25 Jun 2026
Effective from3 Jul 2026
Subject to call-inYes