Cult Wines Limited

Cult Wines Limited, based in London, UK, is a holding company with an active status, established seventeen years ago in August 2007. The company employs 63 people and holds assets valued at £22,519,713. With two directors and two owners, it operates as a family business, founded by a solo entrepreneur. It maintains a real address and boasts a 3.0 Google rating based on 29 reviews. Cult Wines is a regular importer and exporter of drinks, alcohol, and vinegar, with 367 months of import activity and 578 months of export activity, the latest both occurring in January 2025.

The company’s website, WineInvestment.com, positions itself as a provider of fine wine investment opportunities. It highlights a process of investment, storage, and portfolio management, emphasizing human expertise, data-driven technology, and a passion for fine wine. The site offers a range of wines from around the world and provides educational resources, including reports and insights into the fine wine market. It even has a section dedicated to "Meet wine enthusiasts and likeminded investors." The site encourages potential investors to "Start investing" and boasts of managing £250 million in assets, serving 83 countries, and storing 1.7 million bottles of wine.

Financially, Cult Wines Limited shows some concerning trends. Accrued liabilities have risen by 5.8%, while cash and cash equivalents have plummeted by 76% to £710,000. Staff costs have decreased slightly, and net losses have deepened. Creditors have increased significantly, and bank borrowings have risen. While the company’s assets remain substantial, the sharp decline in cash reserves and the increase in debt suggest a need for careful financial management. The company's auditors are Azets Audit Services. Despite these challenges, Cult Wines Limited continues to operate, leveraging its expertise in the fine wine market and its network of investors. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions.

Registered in England/Wales under the registration number 06350591, with a registered address at W6 9AR, England, London, Clockwork Building, Beavor Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.