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Friday 15 November 2013

The London Vines Ltd: watch out for White Knights!


 Watch out for White Knights contacting 
you about a failed company!

investdrinks has received a number of reports of companies contacting clients of the now collapsed The London Vines Ltd with offers of help and to buy their wines. 

The London Vines Ltd went into liquidation on 31st October 2013 with an announced deficit of £590,000, while the company’s assets are negligible. It is very likely that the deficit will rise considerably once all the claims are in. The insolvency practitioner appointed is Joanna Wallace of Findlay James based in Cheltenham.

“I don’t know what the true deficit is yet,” Joanna Wallace told investdrinks. “Laura Goedhuis of Private Reserves Ltd. “is compiling a list of clients who have not yet received their wine.”


Wallace added: “Some of the company’s clients have their wine but not all the wine is there. It would appear that there were payments made by the firm’s customers for goods that were not supplied. At the moment I can’t quantify what wine is missing but it may be substantial.”



Although it is romantic to be rescued by a white knight, beware the chivalrous stranger may turn out to have feet of clay. You might also wonder how they got hold of your details, so as to be able to contact you – who passed on your details?

The warning issued by Thames Valley Police in relation to World Wide Investments Ltd applies here:
'In the meantime we have become aware of further wine companies who have been contacting investors and you should be very cautious if you receive calls from any companies offering you investment opportunities.


The following companies are known to have contacted clients of The London Vines Ltd:
Johnston & Carter Ltd doubtless diamond geezers but no thanks! Share capital £1    
One Vine Day Ltd  Share capital £1    
Woolf Sung Ltd Share capital £1
(further details of companies to be added.)

I would follow Police advice and be very cautious. How did these companies get the details of clients of The London Vines Ltd?

Ethical Elegance Ltd: this company also went into liquidation at the end of October 2013. Clients of this company should also be wary of calls from other investment companies offering assistance and advice.

* NB Private Reserves Ltd has no connection with The London Vines Ltd. The company arranges wine storage. 

3 comments:

  1. Registered No.: 08308184
    Name: JOHNSTON & CARTER LTD


    Address: WESTON BUSINESS CENTER UNIT 36 88-90 HATTON GARDEN
    LONDON
    EC1N 8PN

    Registered No.: 08308184
    Name: JOHNSTON & CARTER LTD


    Address: WESTON BUSINESS CENTER UNIT 36 88-90 HATTON GARDEN
    LONDON
    EC1N 8PN

    ________________________________________

    WRIGHT, BRADLEY
    DIRECTOR
    45 KING WILLIAM STREET
    LONDON
    ENGLAND
    EC4R 9AN Appointed: 15/07/2013
    Nationality: BRITISH
    Occupation: DIRECTOR

    Country/State of Residence: ENGLAND
    Date of Birth: 19/09/1969
    Appointments: 1


    SULLIVAN, FRANK MR
    DIRECTOR
    45 KING WILLIAM STREET
    LONDON
    UNITED KINGDOM
    EC4R 9AN Appointed: 05/03/2013
    Resigned: 15/07/2013
    Nationality: BRITISH
    Occupation: COMPANY DIRECTOR

    Country/State of Residence: ENGLAND
    Date of Birth: 22/08/1993
    Appointments: 1


    VEGA, PABLO MR
    DIRECTOR
    18 LEYSDOWN HOUSE
    MADRON STREET
    LONDON
    UNITED KINGDOM
    SE17 2LR Appointed: 26/11/2012
    Resigned: 04/03/2013
    Nationality: BRITISH
    Occupation: DIRECTOR

    Country/State of Residence: UNITED KINGDOM
    Date of Birth: 23/09/1987
    Appointments: 1


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  3. Gareth Woods – your comment will be posted shortly.

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