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

Jay Bradley is the owner of the company through its main holding company, Brollachaun Holdings.

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 ...