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Angel investor growth helps Naked Wines swing into profit

2015-07-16 12:08:20| Beverages - Topix.net

In its latest published accounts, the Norwich-based company recorded a 16.8pc increase in turnover to A 45.1m, while pre-tax profits rose out of the red and into black, turning a A 746,000 loss into A 1.1m profit. The fizzing performance was underpinned by the continued growth of the firm's angel investors - the members that fund its independent wines - which rose from 141,000 to 158,000 to the year ending December 31 2014.

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