Newham BID Ltd, is a not-for-profit private company limited by guarantee without share capital (registered in England and Wales company number 17044512).
Newham BID has positions on its Board for up to 15 elected Directors who voluntarily support Newham BID; there are currently 13 Directors (5 of them are members) drawn from different organisations across Newham BID. Any future Directors would need to resonate with the business plan and sign up to be a Director on Companies House.
Newham BID is managed by a part time BID manager who is responsible to the Newham BID Board and who delivers the projects and services in the business plan. Newham BID operates under the terms of their Articles of Association.
The BID acts as collective voice for the Newham businesses within the BID to further aims and to represent its levy paying businesses. The Board meet four times per year and one of board meetings will be a General Meeting to approve the accounts and handle the appointment of new directors, ratification or re-election whose three year term has expired and who wish to re-stand. Accounts are independently prepared each year and copies are available on request.
To find out more and to contact Newham’s BID Manager or a member of the Board, click here to Contact us
