The council recognises and embraces the changing landscape of local government, operating in an environment of increasing demand and a need to provide local people with the quality services they expect, alongside reducing resources, maximising our commercial activities and opportunities to use our assets (land and buildings) in creative ways to generate capital and revenue receipts.
The council has two wholly owned trading companies, through which some initial activity is being undertaken and developed further.
The company employs Barbara Richardson as Managing Director to assist in the start-up and mobilisation phase of the Property Company. She reports to the board members.
1. RBWM Property Company Ltd
The company was created as a dedicated and wholly owned arm’s length property management and development trading subsidiary of the Royal Borough of Windsor & Maidenhead. Its aim is to develop and manage a portfolio of properties within the borough with a particular emphasis on the provision of affordable accommodation to attract and retain keyworkers and support the local community.
The company has an aspiration to create, own and manage 1000 new homes within a 10 year timeframe.
The Board is made up of five non-executive directors and one executive director, who hold voting rights when taking decision and have overall responsibility for setting the strategic objectives and monitoring the company’s performance.
More details about this company can be found on the Property company website.
2. RBWM Commercial Services Ltd
The principal activity of the company currently is to administer the council's contracts for waste services, in particular those relating to food and green waste.
It is the intention to pass these contracts back to the council with the company becoming dormant until such time as suitable opportunities are fully developed.
The Directors/board members of the company are:
- Russell O'Keefe - Executive Director
- Robert Stubbs - Deputy Director and Head of Finance
Our intention is to be open and transparent about both of these companies, their focus, costs and successes.
No director receives any remuneration, allowances or expenses relating to these companies.