Virgin Wines UK

VINO · AIM · Retail · mcap £12m · 25.5p

Virgin Wines is a UK online wine retailer selling mainly through a subscription-style WineBank membership, plus commercial partnerships such as Ocado and its Warehouse Wines channel. It buys wine based on customer preferences and delivers direct to homes.

Target	Promise	Said	Status
2024
31 Dec 2024	Launch Five O'clock Somewhere Wine Club and Vineyard Collection before year-end 2024.	25 Mar 2024	… In progress
	“Five O'clock Somewhere Wine Club and Vineyard Collection set to launch before year-end” Result Not yet due.
Today · 13 Oct 2026
2027
28 Feb 2027	Exit Bolton site and consolidate all fulfilment at Preston by end of February 2027.	12 Jun 2026	… In progress
	“the Company will exit its current Bolton site by the end of February 2027 meaning all fulfilment will be based in Preston” Status so far Not yet due.
2028
FY28	New Preston warehouse to provide synergies and operational benefits from FY28 onwards.	12 Jun 2026	… In progress
	“This will also provide meaningful synergies, economies of scale and structural operational benefits from FY28 onwards” Status so far Not yet due.
2030
FY30	Reach £100m annual revenue at 7% EBITDA margin by end of FY30.	26 Mar 2025	… In progress
	“propelling annualised revenue to at least £100m at the end of that period (FY24: £59m revenue), at EBITDA margins of 7%” Also stated 26 Mar 2025 · 22 Oct 2025 Status so far Not yet due.
FY30	Commercial channel to contribute about 20% of Group revenue by FY30.	26 Mar 2025	… In progress
	“the expectation that it will contribute circa 20% of Group revenue by FY30” Status so far Not yet due.
FY30	Warehouse Wines to contribute about 10% of Group revenue over next 5 years.	26 Mar 2025	… In progress
	“The Group expects Warehouse Wines to become an increasingly important contributor to Group revenue over the next 5 years at circa 10% of Group revenue” Status so far Not yet due.