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Wholesale of wine, beer, spirits and other alcoholic beverages · London

Cult Wines

Cult Wines Limited

Net liabilitiesLosses 4 years runningStaff down 45%ActiveLatest figures: 2024Abridged accountsAs filed (group accounts)19 years on the register

Private limited company registered in London, classed under “Wholesale of wine, beer, spirits and other alcoholic beverages” and 3 other activities.

Headline figures

FY to Dec 2024 · As filed (group accounts)

Turnover

For subscribers

Profit after tax

−£4.81m

Net assets

For subscribers

Cash

For subscribers

Employees

For subscribers

Retained reserves

For subscribers

What the numbers say

3 findings from the figures, in plain English

Written by rules from the figures on this page. Not a forecast or a credit opinion.

History

Pro
£202120222023*2024
Profit after tax−£4.81m
Turnover
Net assets
Cash
Employees
Retained reserves
Dividends paid

Every figure for all 4 years

“—” means we did not find the figure in a source; it is never filled with an estimate. * Restated: the next year's accounts printed different figures for this year, and those later figures are shown.

Balance sheet and ratios

From the filed balance sheets · £

Balance sheet2021202220232024
Fixed assets
Current assets
of which debtors
of which cash
Creditors due within a year
Net current assets
Net assets
Ratios
Return on equityProfit after tax as a share of net assets
Current ratioCurrent assets for every £1 owed within a year
Cash ratioCash for every £1 owed within a year
Creditors to assetsEverything owed to creditors as a share of fixed plus current assets

7 balance-sheet lines and 4 ratios, every year

A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.

Timeline

Checked 2026-10-12

  1. Accounts
    Group of companies' accounts made up to 31 December 2024
  2. Charges
    Registration of charge 063505910008, created on 31 October 2025
  3. Accounts
    Group of companies' accounts made up to 31 December 2023
  4. Charges
    Registration of charge 063505910007, created on 3 July 2024
  5. Shares
    Resolutions RES11 ‐ Resolution of removal of pre-emption rights RES10 ‐ Resolution of allotment of securities
  6. Charges
    Registration of charge 063505910006, created on 12 June 2024
  7. Charges
    Registration of charge 063505910005, created on 12 June 2024
  8. Filing
    Resolutions RES01 ‐ Resolution of alteration of Articles of Association
  9. Filing
    Statement of company's objects
  10. Accounts
    Group of companies' accounts made up to 31 December 2022
  11. Charges
    Satisfaction of charge 063505910003 in full
  12. Charges
    Satisfaction of charge 063505910004 in full
  13. 4 earlier
    1. Charges
      Satisfaction of charge 063505910002 in full
    2. Charges
      Satisfaction of charge 063505910001 in full
    3. Directors
      Termination of appointment of Gemma Natalie Castle as a secretary on 21 June 2023
    4. Accounts
      Group of companies' accounts made up to 31 December 2021

From the Companies House filing history. Routine confirmation statements are left out, and a run of the same filing is shown once.

Questions people ask

›What does Cult Wines do?

Private limited company registered in London, classed under “Wholesale of wine, beer, spirits and other alcoholic beverages” and 3 other activities. In its own words: “Cult Wines, is transforming the fine wine industry, for producers, collectors and investors, to re-define how consumers buy, sell, invest and collect fine wines”

›How much turnover does Cult Wines make?

Answered in the full report

›Is Cult Wines profitable?

No: it made a loss after tax of £4.81m in the year to 31 December 2024, its latest filed accounts.

›How many people work at Cult Wines?

Answered in the full report

›Who runs and owns Cult Wines?

Its directors are Philip Gearing, Thomas Gearing. Its owners are shown to subscribers.

›Where is Cult Wines based?

Its registered office is Clockwork Building, Beavor Lane, London, W6 9AR, in London.

›When was Cult Wines founded?

Cult Wines Limited was incorporated on 22 August 2007.

›Is Cult Wines still trading?

The register lists Cult Wines Limited as active.

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