Battersea-based Liv-ex runs an electronic trading platform for buying and selling fine wine, particularly high-quality Bordeaux. The firm’s sales come from a small commission on every transaction. International sales account for more than half its turnover and have grown 49% a year, from £11.1m in 2009 to £24.6m in 2011, as more buyers viewed fine wine as a good investment. Since James Miles and Justin Gibbs founded the business in 1999, it has benefited from the growing popularity of European wine in Asian markets like China and Hong Kong.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.