1855 Fine Wine Investments Ltd: main webpage
1855 Fine Wine Investments Ltd is yet another recent entrant into the increasingly crowded wine investment market. Although it likes to claim 'Generating consistent and long-term investment returns for its clients', this company was set up on 3rd November 2011.
One of the reasons the company gives for investing in wine is: 'The local French legislation introduced in 1855, barring high-end chateaux from enlarging their vineyards, hence limiting production' – although a nice idea this is complete rubbish as no such legislation was introduced in France in 1855 nor subsequently. Indeed Bordeaux châteaux can increase or decrease their size as they wish. However, the situation is different in Burgundy where the vineyards rather than the properties are classified, so areas are fixed.
1855 Fine Wine Investments Ltd claims to have developed 'trading models for illiquid wine assets'. I thought the whole point of wine investment was to invest in a 'liquid' asset that could be sold not one you can't sell!
Although as far as I know 1855 Fine Wine Investments Ltd has no connection with 1855 – the French internet wine Ponzi scheme, I still wouldn't consider buying wine from this company.
Details from Companies House: founded 3.11.2011
Why investing in wine: 1855 legislation claim
'trading models for illiquid wine assets'
is it a dodgy fund manager or is he for real jim, here are the details fom companies house
ReplyDeleteRegistered No.: 07834478
Name: 1855 FINE WINE INVESTMENTS LTD
Address: 5A AVERY ROW
LONDON
UNITED KINGDOM
W1K 4AL
________________________________________
Company Appointments: 1 / Resignations: 0 Resignations To view details of other appointments held, click on the appropriate underlined name.
DELVAUX, JOE GENE MR
DIRECTOR
5A AVERY ROW
LONDON
UNITED KINGDOM
W1K 4AL Appointed: 03/11/2011
Nationality: LUXEMBOURG
Occupation: DIRECTOR
Country/State of Residence: UNITED KINGDOM
Date of Birth: 03/11/1980
Appointments: 2
DIRECTOR Appointed: 03/11/2011
Occupation: DIRECTOR
Company Number: 07834478
Company Name: 1855 FINE WINE INVESTMENTS LTD
Active
DIRECTOR Appointed: 02/03/2012
Occupation: FUND MANAGER
Company Number: 03760739
Company Name: AVERY VILLAGE MANAGEMENT LIMITED
Active
Name & Registered Office: Company No.: 03760739
AVERY VILLAGE MANAGEMENT LIMITED
c/o JOE GENE DELVAUX
5A AVERY ROW
LONDON
UNITED KINGDOM
W1K 4AL
Date of Incorporation: 28/04/1999
Country of Origin: United Kingdom
Status: Active
________________________________________
Company Type: Private Limited Company Nature Of Business (SIC): 7487 - Other business activities
________________________________________
Accounting Reference Date: 30/04 Last Accounts Made Up To: 30/04/2011 (FULL) Next Accounts Due: 31/01/2013 Last Return Made Up To: 28/04/2011 Next Return Due: 26/05/2012
He is FSA registered so has someone stolen his identity??????????
ReplyDeleteBasic details for:
JGD01083 - Joe Gene Delvaux
Details: Title/Forename(s)/Surname: Mr Joe Gene Delvaux
Commonly known as:
Previous Name(s):
Status: Active
Individual reference number: JGD01083
Controlled functions - Current
Controlled functions Firm name Start date
CF30 Customer MET Asset Management UK LLP 24/06/2011
Appointed rep. relationships - Current:
Firm reference number Firm name Status
539979 Kingsley Asset Management LLP Taken Up