It was established in 1897 and was dissolved, despite its objections, as a consequence of the nationalisation of the British electricity supply industry in 1948.
Its initial aim was to acquire and extend the business of Messrs. J. Edmundsons Company Limited of 19 Great George Street, Westminster.
In 1928 the GLCT acquired 95 per cent of Edmundsons Corporation shares, which at that time directly or indirectly controlled 29 supply companies.
It claimed that state ownership would increase costs, become a burden on tax payer, and prevent consumer choice.
[12] The five companies were: A summary of the financial profits of the corporation from 1905 to 1946 were as follows:[13][14][7][9] The inaugural directors of the corporation in 1897 were:[2] The registered office in 1897 was at 19 Great George Street, Westminster, London The directors in 1935 were:[7] By 1938 Sir Thomas Royden, later Lord Royden had been appointed as chairman, he remained chairman until nationalisation.