159
Scottish Enterprise's investment in Equity Accounted Investees comprises:
| Limited by shares | Accounting period end | Nature of Business | % of Voting rights |
|---|---|---|---|
| Ravenscraig Limited | 31 December | Property development | 33.33 |
| Limited by guarantee | Accounting period end | Nature of Business | % of Membership |
| Design Dundee Limited | 31 March | Advancement of cultural facility | 20.00 |
| Joint arrangement | Nature of Business | % Interest | |
| Scottish Enterprise / Calachem Limited | Property development | 60.00 |
On 19 August 2025, EBQ3 Limited was dissolved. This was a public sector joint venture equally owned by Scottish Enterprise, the University of Edinburgh, and the City of Edinburgh Council. It was created to lead the procurement process for a private sector partner to support the transformation of Edinburgh BioQuarter into a Health Innovation District. The company remained dormant throughout its existence and undertook no trading activity. Following the conclusion of the procurement process, the EBQ3 Board agreed to wind the company up.
| Current Assets | Non-current assets | Total Assets | Liabilities | Non-Current Liabilities | Total Liabilities | Revenue | Expenses | Profit / (Loss) | |
|---|---|---|---|---|---|---|---|---|---|
| £000 | £000 | £000 | £000 | £000 | £000 | £000 | £000 | £000 | |
| At 31 March 2024 | 47,739 | 18,573 | 66,312 | (14,671) | (37,882) | (52,553) | 21,777 | (22,801) | (1,024) |
| At 31 March 2025 | 42,419 | 380 | 42,799 | (7,937) | (34,917) | (42,854) | 13,075 | (14,211) | (1,136) |
| At 31 March 2026 | 23,044 | 418 | 23,462 | (7,826) | (15,763) | (23,589) | 29,183 | (29,255) | (72) |
Summarised financial information for Scottish Enterprise's investments in equity accounted investees, on a combined basis, is presented below: