The Company has the following interests in subsidiary undertakings:
| Name | Country of Incorporation | Nature of Business | % Interest |
|---|---|---|---|
Strathtay Ventures Limited (i) |
Scotland | Dormant | 100% |
Caledonia Portfolio Realisations Limited (i) |
Scotland | Investment management | 100% |
Caledonia LP Limited (i) |
Scotland | Dormant | 100% |
Strathclyde Innovation Fund GP Limited (i) |
Scotland | Dormant | 100% |
Caledonia Specialist Finance Limited (i) |
Scotland | Dormant | 100% |
Braveheart Academic Seed Funding GP Limited (i) |
England | Investment management | 100% |
Braveheart Nominees Limited (ii) |
Scotland | Dormant | 100% |
Ridings Holdings Limited (ii) |
England | Investment management | 100% |
The Ridings Early Growth Investment Company Limited (ii) |
England | Investment management | 100% |
Paraytec Limited |
England | Development of high performance specialist detectors | 51% |
Kirkstall Limited |
England | Biotechnology | 65% |
(i) Direct subsidiary of Braveheart Investment Group plc
(ii) Indirect subsidiary of Braveheart Investment Group plc