Between 1995 and 2002, the pride marches were organised by Pride Scotland Limited, until it went bust in December 2002 with debts of around £60,000. A new organisation, AL D ltd was founded in 2003 to continue the tradition of the annual march and festival. This organisation changed its name to Pride Scotia (Edinburgh) in 2004 and a separate organisation Pride Scotia (Glasgow) was created with the two organisations organising Pride Scotia in their respective cities in alternate years thereafter. Pride Scotia Edinburgh is a company limited by guarantee whilst Pride Glasgow is now a Scottish Charitable Incorporated Organisation. In 2008, the Glasgow arm of the organisation announced it was splitting completely, and has since used the name Pride Glasgow.