Bordeaux Wine Investments Limited (BWI) enables clients, mostly in the UK but also from around the world, to enjoy and profit from their passion for wine. At BWI, extensive knowledge of wine is coupled with a specialisation in Bordeaux. It accounts for the majority of the business as the region’s classified growths consistently provide excellent investment opportunities.
Andrew Lench, Managing Director of BWI explained “Our clients receive a unique and personal service. It was this recognition that good service is essential for a thriving business that took us to Kreston Reeves. When Rodney Sutton and his team took over our accounts in 2008, they had a lot of work to do to sort out our affairs. As a result of their efforts, we now have a structure and clarity to our business that makes it easier to establish where we are and how to plan where we want to go.”
By successfully advising clients on which wines to drink, cellar, collect, and invest, the business has enjoyed rapid and sustained growth. In 2003 there were just 3 members of staff in a small office in East Stratford and a turnover of £2.4 million. Today, BWI is based in Sevenoaks, Kent with easy access to Gatwick airport as well as their key markets in London and the Thames corridor. There are 13 staff and a turnover of £11 million. As part of the continued expansion of the company, an international office is set to open in Hong Kong on 1 October 2011.
Robert added “Ideally we would like a farm where we can have our own bonded warehouse, as well as tasting and training rooms to help our clients further develop their understanding of wine. The Corporate Finance capability at Kreston Reeves means that we will not have to look elsewhere for expert assistance with raising capital and effective tax planning when suitable premises are found.”
Robert concluded, “Kreston Reeves are more than just accountants and auditors. They understand our business and, like us, they understand client service. They are now a key business adviser. We are working harder than ever and will be calling on them for even more help.”