Weaker consumer demand for Bordeaux en primeur wines from recent vintages has forced UK-based merchant En Primeur Ltd into liquidation, with an estimated deficit running into six facts.
campaigns for the 2011 and 2012 wines. This year's campaign for the weather-hit 2013 vintage was one of the smallest for more than a decade at several merchants.Comparing En Primeur Ltd's September 2010 accounts with those of 2012 offers some insight into the companionship's collapse. Net assets in 2010 were £93,000. By 2012 this surplus had been transformed into a deficit of £254,696. A creditors’ meeting is fixed for 16 July at the Bexleyheath Marriott Hotel.
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