Wine Name:

Sunday, 1 March 2015

Lewis Samuels, Samuels & Parker Wine Ltd, Downham and Dubai

In addition to Samuel & Parker Ltd (formed September 2014) Lewis Samuels (DOB: 7.10.1987) has  another wine company – Samuels & Parker Wine Ltd – formed on 28th January 2015, registered at 16 Rayfield Close, Bromley BR2 8JT. The company has share capital of £100 with Lewis Samuels as the sole director.

Rayfield Close, Bromley BR2 8JT

investdrinks understands that Lewis Samuels may believe that he is based in Dubai with wealthy family connections, so it is curious that Samuels & Parker Ltd was originally registered at 16 Rayfield Close as is Samuels & Parker Wine Ltd now.

On the other side of Bromley from Rayfield Close – a few miles to the north – is Downham and Sudbury Crescent with a Lewis Samuels, aged between 25-29, on the 2014-15 electoral roll. Of course, as Downham and Dubai both start with D it must be easy to confuse the two.... 

 32 Sudbury Crescent, Downham, Bromley, Kent BR14PZ



Tuesday, 24 February 2015

Mr Lewis Samuels and Samuels & Parker Ltd – just the latest joker on the block!

Samuels & Parker say they are specialists in Bordeaux but their home page features a cropped version of a photo of a New Zealand Sauvignon Blanc vineyard – see here

'Formed by a group of experienced and successful wine traders, Samuels & Parker are providing an opportunity for our clients to gain a foothold in the thriving and prosperous fine wine market.'

'We are committed to ensuring our clients receive the best market knowledge and access to opportunities that have only been available to a select clique. It is our fundamental objective to ensure complete customer satisfaction with our range of services and products.

Our entire team are extremely experienced and have an exemplary depth of knowledge and performance within the fine wine market – many forming long term relationships with our clients.

 'At Samuels & Parker, we have built a business on the basis ....'

'At Samuels & Parker, we have built a business on the basis that many independent financial commentators believe fine wines deserve consideration as part of a comprehensive collecting strategy. A holding in fine wine is part of the diversity argument.'

The guff on the Samuels & Parker website sounds impressive! Even more impressive when you realise that the company wasn't formed until 9th September 2014. Its sole director is 27-year-old Lewis Samuels (DOB – 7.10.1987). Samuels is also the sole shareholder of Samuels & Parker Ltd with £100 of share capital. The company was initially registered at 16 Rayfield Close, Bromley BR2 8JT.   

The mention of Bromley and investment is so reassuring!!

On 18th November 2014 Samuels & Parker Ltd's registered office changed to 3 More London Place, London SE1 2RE. These are serviced offices and this is given as their trading address.

Addresses in Central London and Hong Kong 
– both serviced offices

Regus serviced office @3 More
Serviced offices at Level 10, Hong Kong

Lewis Samuels and Samuels & Parker Ltd appear to specialise in offering to sell wine for their clients – nothing wrong in that except there is a nasty catch

At the beginning of the year one client (AG) was persuaded to transfer some 36 cases of fine wine, worth some £80,000, that was in-bond to Lewis Samuels. Samuels told AG that he had a client in Hong Kong who wanted to buy the wines in time for the Chinese New Year. The wines went into Lewis Samuels' private account. Samuels & Parker Ltd does not have an account at this bond.

Once the wines were in Lewis Samuels' account they were immediately transferred to another UK bonded warehouse. Very soon AG had doubts and tried to get his wine back/get paid for it. Despite AG chasing for payment to date he hasn't received a penny. And the wine? He was told it was now in Hong Kong but – quelle surprise! – the Chinese client no longer wants the wine! Samuels & Parker Ltd could, however, told AG that they could fly his wine back from Hong Kong at a cost of £9200!

Clearly Lewis Samuels is both a joker and a chancer as it is highly unlikely that AG's wines ever left the UK. Their alleged journey to Hong Kong is as fictitious as the Chinese client.  

Curiously AG received a broking list from Samuels & Parker Ltd called: 'Samuels & Parker Ltd Wine Stock 2015'. However, it is Corney & Barrow's broking list. As agents for DRC and Pétrus among others, Corney & Barrow would have nothing to do with the likes of Mr Lewis Samuels. Doubtless another instance of Lewis' sense of humour!

'Samuels & Parker Wine Stock 2015'
actually no – Corney & Barrow's list!
You might wonder why it is Samuels & Parker. I assume that Lewis added the Parker name hoping for additional gravitas and credibility from the famous American wine critic – Robert Parker. The great man happens to be in London this week. Whether Robert will welcome any linking, however tenuous, with Lewis Samuels is quite another matter – highly unlikely I would have thought.... 

I understand that AG has reported Lewis Samuels and Samuels & Parker Ltd to Action Fraud. I hope the police can intervene before Lewis Samuels turns magician and makes AG's wines disappear.
Clearly Samuels & Parker Ltd is one to watch out for and, as far as I'm concerned, avoid

The moral of this story is clear – do your due diligence properly before transferring your wine portfolio into someone else's account.

Very good to see UK bonded warehouses cooperating here!

Sunday, 22 February 2015

Vine Capital Ltd 'our vast experience' but selling very over-priced 2012 Bordeaux as an investment!

 'Vine Capital, fine wine specialists with years of experience etc.

 'Expert Advice'!!

 'Our vast experience in the wine trade has made us over 
the years the first point of contact for many wine collectors'

'As stock picking is a crucial aspect of building your portfolio,
it is vitally important to identify which wines to buy'

'our in depth knowledge of the market place'

Vine Capital Ltd and 31-year-old Ben Lancaster, their sole director and sole shareholder (100 £1 shares) claim vast experience. So why were they punting out a case (12 bottles) of 2012 Cheval Blanc at £7000 in mid-November as an 'investment' when Justerini & Brooks had this at £3,250?

Clearly Ben Lancaster and Vine Capital Ltd are vastly experienced at thinning investors' wallets!   

Vine Capital Ltd was formed on 2nd August 2010 and changed its name from Vine Investments Ltd to Vine Capital Ltd on 17.11.2010. Ben Lancaster (DOB: 18.7.1983) became the sole director on 1.9.2012. Since 14th March 2011 the company's registered address is 111 Buckingham Palace Road, London BW1 0SR. However, in October 2011 The Vine Capital Ltd placed an ad with Junior Broker for sales personnel to work in Bromley – London's capital of scams. 

Job location: Bromley

'At Vine Capital, we proudly take an active approach 
to research and analysis, offering a continually 
updated insight into the market and market forces... 
The future of the fine wine market is exciting and 
many industry experts are predicting an 
increase of 10% by December 2013 
and expect to see the market growing by 22% by Christmas 2014.' 

Reality check: on 30th June 2011 the Liv-ex Fine Wine 100 stood at 365. By 31st December 2014 the indice had fallen to 239 – a fall of 35%. So much for Ben Lancaster and Vine Capital Ltd's approach to 'research & analysis'! 

I shall be avoiding Ben Lancaster's Vine Capital Ltd – thanks but no thanks!