The BID Ballot 2026-2031
What is a BID?
Business Improvement Districts (BIDs) are the fastest growing partnership framework seen in decades in the UK. A BID is a geographically defined area where firms pay into a ring-fenced pot that funds additional services that the businesses have decided upon and approved in a legal ballot and which will benefit themselves as well as the wider local community. The BID is a legal instrument within the Business Improvement Districts (England) Regulations 2004.
Each business pays according to its size (by rateable value: R.V.) to fund the additional services approved by the businesses. The provision of the additional services is managed and implemented by the businesses themselves and in the case of Langthwaite Business Park through a legal entity known as the Langthwaite Business Association (LBA). The directors of LBA are elected by members (those that pay the BID Levy) annually at the Annual General Meeting of the LBA.
A Bid lasts for up to five years, the current Langthwaite BID, started in 2026, will need to be renewed by a new ballot in 2031 if the BID is to continue from April 2031 onwards for five more years.
The BID Ballot 2026-2031
A BID lasts for up to five years, the current Langthwaite BID, which started in 2026, will need to be renewed by a new ballot in 2031 if the BID is to continue from April 2031 onwards for five more years.
BID RENEWAL BALLOT RESULTS 2026-2031
95.8%
voted in favour by number of levy payers
99.7% voted in favour by rateable value.
Download our BID Renewal Prospectus and Business Plan
The past four years of accounts of the Langthwaite Business Association BID