URL: https://democracy.lichfielddc.gov.uk/ieDecisionDetails.aspx?ID=827

Decision Maker: Cabinet Member Decision

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Purpose: The Council is the 100% shareholder of Lichfield West Midlands Traded Services Ltd (LWM).   The shareholder agreement and the articles of association ensure the Council retains oversight of operations and direct control over the most important governance aspects of decision making.   The Business Plan for 2026/27 has been submitted for approval by the Council. The Plan sets out the company’s vision, broad strategic objectives and financial forecasts for the year.   The Board’s stated strategy for LWM, is to develop existing services (run for the council) and seek to trade those services to (primarily) public sector partners.    All surplus income is passed back to the council by way of dividend or fees, to support the council

Content: The Council is the 100% shareholder of Lichfield West Midlands Traded Services Ltd (LWM).   The shareholder agreement and the articles of association ensure the Council retains oversight of operations and direct control over the most important governance aspects of decision making.   The Business Plan for 2026/27 has been submitted for approval by the Council. The Plan sets out the company’s vision, broad strategic objectives and financial forecasts for the year.   The Board’s stated strategy for LWM, is to develop existing services (run for the council) and seek to trade those services to (primarily) public sector partners.    All surplus income is passed back to the council by way of dividend or fees, to support the council The Cabinet Member approved the LWTMS Business Plan for 2026/27 as considered and approved by the Shareholder Advisory Group on 31 March 2026 is approved by the Cabinet Member (as delegated shareholder). The Council is the 100% shareholder of Lichfield West Midlands Traded Services Ltd (LWM).   The shareholder agreement and the articles of association ensure the Council retains oversight of operations and direct control over the most important governance aspects of decision making.   The Business Plan for 2026/27 has been submitted for approval by the Council. The Plan sets out the company’s vision, broad strategic objectives and financial forecasts for the year.   The Board’s stated strategy for LWM, is to develop existing services (run for the council) and seek to trade those services to (primarily) public sector partners.    All surplus income is passed back to the council by way of dividend or fees, to support the council To not agree the Company Business Plan.

Date of Decision: April 2, 2026