Westminster Fine Wines Ltd: Director banned for 12 years
The sole director and shareholder of Westminster Fine Wines Ltd, 36-year-old Jeff Berrill, has been banned from acting as a UK director for 12 years. The ban will run until March 2028.
Wine investment company, Westminster Fine Wines Ltd, was founded in October 2011 and was based in a serviced office in Victoria. Berrill was based in Northampton.
It went into liquidation in February 2014 with Nedim Ailyan of Abbott Fielding Ltd, based in Sidcup, appointed as liquidator.
Berrill gave the estimated deficicency as £232,326. £231,066 was owed to trade and expense customers with a further £2000 to Barclays Bank.
Berrill took £335,720 from investors. However, Ailyan found that no wine had been bought and that Berrill and Westminster Fine Wines Ltd had no account at any UK bonded warehouse.