Cult Wines

40 days ago

EXPOSE: Cult Wines more evidence of the cash crisis at this £250m bezzle

In my article EXPOSE: £250m raised but Cult Wines Limited is corked » ShareProphets, my financial analysis of Cult Wines accounts for the year ended 31 December 2024 showed a loss making and technically insolvent company which had net liabilities of £21.6 million in deep financial trouble.  It is getting worse.

136 days ago

Cult Wines – some additional views: still avoid like the plague

A reader asked a follow up question following my recent piece citing the following quotes from Cult’s website:

140 days ago

Tom Winnifrith Bearcast No2: Farage's cynical spivvery works (pro tem). the oil price & thoughts on Skins as interim CEO joins board

I start with the oil price and mention en passant Union Jack Oil (UJO). Then it is Cult Wines, Nigel Farage's spivvery at Stack BTC (STAK) and Skinbiotherapeutics (SBTX) before clarifying my plans on Golden Prospect Precious Metals (GPM).

145 days ago

EXPOSE: £250m raised but Cult Wines Limited is corked

Cult Wines about which I have been warning about since last April has now belatedly filed its overdue accounts for the year ended 31 December 2024 at Companies House.  They show a company in deep financial trouble despite claiming to have raised £250 milion from investors . It’s corked and the FCA, who I have alerted again last week, should be all over this.

151 days ago

Cult Wines: This must end in tears with a quarter of a billion quid down the drain

I first flagged up this accident waiting to happen almost a year ago. This wine investment company is still luring in new investors with a 3.9* on Trustpilot and the sort of rave reviews that make one blush. It claims to have raised more than a quarter of a billon quid. Its glossy promotions still promise that the market is turning.  Yes, the fine wine index is up 0.4% YTD after years of decline but with Cult’s cost base that means folks will still not be making money.

200 days ago

Tom Winnifrith Bearcast: the case for me selling Ariana & I bet the ranch on the Euroloon and won

I explain my bet to myself and why I won. I also discuss Ariana (AAU). It is not as if I do not see the shares as cheap it is just that I appear to have stumbled into being heavily overweight in gold shares, notably Amaroq (AMRQ) and Kefi Gold & Copper (KEFI). I discuss Cult Wines and today's exposes and also the London Bitcoin Company (BTC) where I admit I am becoming a tad nerdishly obsessive.  

200 days ago

BREAKING: Cult Wines slated by ASA on Christmas Eve for deceiving investors

My source tells me that Cult Wines is paying its PLC costs with money given to it by investors to punt on wine, that it is in deep financial merde, as I flagged up earlier HERE, and that new investors will lose their cash. I am told by readers that it is not the job of the FCA to intervener as Cult is unregulated. So who then is there to protect consumers?

200 days ago

Cult Wines – another couple of massive red flags, why is the FCA failing to act?

It was April 7 2025 when I warned folks that wine investment company Cult Wines was an avoid at all costs bezzle. Of course, regulators have done nothing about it and so more good money has been lost by British mug punters looking for bonanza returns from fine wines. But now new red flags are fluttering.

477 days ago

EXPOSE & WARNING: Cult Wines, tens of millions in "sales" but avoid at all costs

Cult Wines is pitching itself aggressively as a wine investment company claiming that after two poor years now is the time to Fill Your Boots with a minimum investment of £25,000. I warn you not to be tempted.