Armit Wines

London, United Kingdom Founded: 1988 • Age: 38 yrs Acquired By Baarsma Wines
Wines are retailed online through searchable filters by Armit Wines.
Annual revenue $30.1M Latest available
Total funding - Funding intelligence
Employees 35 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Armit Wines

Armit Wines is a company based in London (United Kingdom) founded in 1988 by John Armit was acquired by Baarsma Wines in October 2008. The company has 35 employees as of September 30, 2021. Armit Wines offers products and services including Wine Sales Platform, Wine Broking Service, En Primeur Offerings, Wine Storage, and Wine Delivery. Armit Wines operates in a competitive market with competitors including Naked Wines, Virgin Wines, Craft Gin Club, Drop and Winebuyers, among others.

  • Headquarter London, United Kingdom
  • Employees 35 as on 30 Sep, 2021
  • Founders John Armit
  • Sectors
    Retail
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Armit Wines Limited
  • Date of Incorporation 27 Jan, 1982
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $30.07 M (USD)
    -12
    as on Sep 30, 2021
  • Net Profit
    $1.81 M (USD)
    311
    as on Sep 30, 2021
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    35

    as on Sep 30, 2021

  • Acquired by
    Baarsma Wines

    (Oct 02, 2008)

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Products & Services of Armit Wines

Armit Wines offers a comprehensive portfolio of products and services, including Wine Sales Platform, Wine Broking Service, En Primeur Offerings, Wine Storage, and Wine Delivery.

Product name locked
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Primary

Online service for purchasing fine wines from various regions

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Platform for trading and investing in wine assets

Product name locked
Category locked
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Early access program for buying wines before bottling

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Secure facility for storing wines in optimal conditions

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Service for shipping wines to customers worldwide

Funding Insights of Armit Wines

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Detailed funding history for Armit Wines

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Investors in Armit Wines

Armit Wines has secured backing from 1 investor. Prominent investors backing the company include Baarsma Wines.

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Investor Description Founded Year Domain Location
Brand of wine
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Investor details for Armit Wines

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Investments & Acquisitions by Armit Wines

Investments
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Investment portfolio details for Armit Wines

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Financial Statements - Armit Wines

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Detailed financials for Armit Wines

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Armit Wines Comparisons

Armit Wines Primary company
Description
Wines are retailed online through searchable filters by Armi...
Location
London, United Kingdom
Founded Year
1988
Annual Revenue
$30.07 M (USD)
Net Profit
$1.81 M (USD)
EBITDA
Not available
Employees
35
As of 2021
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Peer comparison for Armit Wines

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Competitors of Armit Wines

Armit Wines operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Naked Wines, Virgin Wines, Craft Gin Club, Drop and Winebuyers, among others.

Company Name Domain Founded year HQ Location Description
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Winemaking projects are crowdfunded online for exclusive wine rewards.
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Wines and spirits are retailed online across the UK.
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Monthly gin subscriptions are delivered through an online platform.
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Mobile app to create & share vcards
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Online wine and spirits merchant connecting consumers directly to producers
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Online whisky retailer
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Detailed competitors of Armit Wines

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Latest news on Armit Wines

Turnover rises at Armit Wines
Thedrinksbusiness3 years ago
Armit Wines sees £2m swing in profits
Thedrinksbusiness4 years ago
Armit Wines appoints new MD
Thedrinksbusiness6 years ago
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Complete news archive for Armit Wines

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Frequently Asked Questions about Armit Wines

Armit Wines was founded in 1988.

Armit Wines is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

As of Sep 30, 2021, the latest employee count at Armit Wines is 35.

Annual revenue of Armit Wines is $30.07M as on Sep 30, 2021.

Armit Wines provides an online platform to purchase wines from its website. The user can search results by price range, type of wine, region of production, country of origin, and vintage. Claims to have partnered with 260 wineries o source its wines. Delivery fee is 15 for orders up to 100 and waived for order value above that. Provides deliveries in mainland UK as of November 2017. Also, provides the option of wine storage at partnered cellar locations.

Armit Wines's top competitors include Naked Wines, Slurp and Virgin Wines.

Armit Wines offers Wine Sales Platform, Wine Broking Service, En Primeur Offerings, Wine Storage, and Wine Delivery.

Armit Wines has 1 investor. Key investors include Baarsma Wines.

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