Wine Name:

Saturday, 6 March 2010

Careless words could cost you dear

Advice from Investment News here does not look too clever this weekend: Nouveau World Wines Ltd were raided by the fraud squad on Thursday (see here) and Morgan Aston Ford Ltd are facing the threat of being struck off – see below. MAF's accounts have been overdue since 24th April 2008 and the company return has been overdue since 4th February 2009.

Investments News - Thursday 2nd October 2008

Is fine wine investment a real alternative?
Thursday 2nd October 2008
Over the last twenty years or so there has been a great deal of interest in alternative investments with wine one of the more prominent additions to the conversation. But is wine investment really a reliable way to invest your money or is it a very specialised market to be wary of?

A quick look on the internet to see how many companies will actually help you to invest into wine and give you advice will show you how popular it is. In the eyes of some people it is seen as a hedge against falling markets and weak economies because fine wines will always attract interest from all corners of the globe. But do not just assume that wine prices go up and up because they don’t and like any other investment arena there are trends which come and go – if you get these wrong you could be in trouble!

So why not check out the array of wine investment guides on offer by clicking here with names such as Nouveau World Wines, Morgan Aston Ford and Aston Lovell all prominent in this sector. Do not forget, a fine wine may not just be for drinking!

From Companies House website (6.2.2010)
Morgan Aston Ford Ltd
Status: Active - Proposal to Strike off
Date of Incorporation: 07/01/2002
Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
5225 - Retail alcoholic & other beverages
Accounting Reference Date: 28/02
Last Accounts Made Up To: 31/03/2006 (TOTAL EXEMPTION SMALL)
Next Accounts Due: 24/04/2008 OVERDUE
Last Return Made Up To: 07/01/2008
Next Return Due: 04/02/2009 OVERDUE
Last Members List: 07/01/2008

02/03/2010 FIRST GAZETTE
21/07/2009 FIRST GAZETTE


  1. Morgan Aston Ford are now masquerading as Vinance Plc, so I assume they would not be overly concerned with their old company being struck off

  2. On their website Vinance PLC make it clear that they used to be Morgan Aston Ford. I'm surprised they have not closed down Morgan Aston Ford in accordance with UK company law by filing returns and accounts. Instead they are currently threatened with being struck off for non-compliance by Companies House by failing to file accounts and returns as required by company law. I would have thought that detracts from the credibility of the new plc

    MAF charge a 25% commission (they make this admirably clear). However, my advice is not to pay a commission when buying. The crucial test is how to the prices compare on with those of other merchants.

  3. Vinance PLC is not located at 90 Queen Victoria Street in Ottawa. Mail is returned.

  4. I have had a very negative experience dealing with this broker (Vinance plc, formerly Morgan Aston Ford).
    I have posted it on my blog:

    Hopefully it will prevent someone else making the same kind of mistake.

    Anybody else still dealing with them?