Misleading wine ‘investment’ company with ‘shadowy’ majority shareholder closed down following Insolvency Service investigation
• these repack sales resulted in the selling clients suffering an average loss of 44.3% on the price they had originally paid to APW for the wine
Commenting on the case, Colin Cronin, Investigation Supervisor, said
Company Investigations, part of the Insolvency Service, uses powers under the Companies Act 1985 to conduct confidential fact-finding investigations into the activities of live limited companies in the UK on behalf of the Secretary of State for Business, Innovation & Skills (BIS). Further information about live company investigations is available.
All public enquiries concerning the affairs of the company should be made to: The Official Receiver, Public Interest Unit, 4 Abbey Orchard Street, London, SW1P 2HT. Telephone: 0207 637 1110 Email: firstname.lastname@example.org.