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Council-owned companies

The Council maintains a small number of wholly-owned companies to support its strategic objectives, including housing delivery, regeneration and energy supply. This register is maintained in accordance with the Local Government Transparency Code.

Companies wholly owned by the Council
Company Purpose Status
Beverley Regeneration Vehicle Ltd Town centre regeneration Dormant
Holderness Energy Supply Ltd Local energy supply In liquidation
Beverley Square Developments Ltd Mixed-use development, Beverley town centre Active. Loan outstanding: £198,000,000
Holderness Coastal Investments Ltd Coastal asset management Dormant
East Riding Careline (Beverley) Ltd Telecare services Dormant

Each company reports annually to Cabinet through its shareholder representative. Annual accounts are filed with Companies House. Copies of accounts are available on request under the Local Government Transparency Code.