Companies
Profits dip as costs rise at Whiskey and Wealth club
Pre-tax profit for the year at Jay Bradley-founded company was £3.3 million, down from £3.8 million the year before
Whiskey and Wealth Club, the company that sells investment in casks of whiskey founded by Irishman Jay Bradley, made a profit of £2.6 million in 2021, down from £3.1 million in 2020.
That came after the company’s turnover dropped to £11.4 million in 2021, down from £12.7 million the year before. It also recorded other operating income of £1.5 million, which it described only as “management charges receivable”.
At the same time, the company’s costs ...