Please see update at end of this post.
The possibility is growing that Boltons Investments Ltd is the latest wine investment company to disappear. Its website is no longer accessible – only a note saying – 'Page not found'. The company phone (020-7491 9959) is no longer being answered – just a message saying 'all the team are busy' and inviting the caller to leave a message. I have left my details and asked them to let me know if they are still trading.
Boltons Investments Ltd was set up in September 2006 and recently has traded from 11 Maddox Street, London W1S 2QF. It was originally called Bordeaux Connoisseurs Ltd. Its founder and sole director is 39-year-old Vincenzo Tagliavia. Back in April 2010 there was a curious company swap. A company called Boltons Investments Ltd, set up on 14th November 2009, changed name to Bordeaux Connoisseurs Ltd, while at the same time Bordeaux Connoisseurs Ltd became Boltons Investments Ltd. The renamed Bordeaux Connoisseurs Ltd was dissolved on 28th June 2011. Rather than a double swap it would presumably been easier just to change the company name.
On Google it is claimed that: Boltons Investments™ is the leading, low cost fine wine broker specialising in En Primeur, cellar acquisitions, valuations and sales. We are also focussing ...'
From information on Duedil, Boltons Investment's financial health looks uncertain. The company has £59.2K in the bank; its current liabilities are 313.1K with assets of £202K, and a book value of - £273.1K.
13th September: Update
Vincenzo Tagliavia's Boltons Investments Ltd has gone into liquidation. A letter to creditors was sent out by Wilkins Kennedy, 92 London Street, Reading RG1 4SJ (Tel: 0118-951 2131) on 9th September the day they were appointed. The creditors' meeting will be held on Thursday 26th September at Wilkins Kennedy's Central London offices: Bridge House, London SE1 9QR at 11.15. The financial position should then be clearer.
Boltons Investments Ltd has three accounts at London City Bond. There are two trading accounts – one at Tilbury and one at Vinotheque, Burton-on-Trent – and another with clients sub accounts. At present it is not known whether it will be possible to identify clients' wine in the trade accounts nor whether all the wine ordered was bought.