Ladybank 'distillery' is on an estate to the east of Ladybank town and not far from Daftmill. Other than a new roof on the old building the place is derelict - and has been for some time.
The accounts for the company(s) are overdue with companies house.
Probably not what you wanted to hear but I hope this brings some closure.
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From the same person/company/people "operating" Ladybank
After loads of struggle we finally managed to get our bottles. It involved the cask being transfered to 3rd party agent and the shareholders suddenly got told they had full responsibility to bottle and get the whisky themselves. Just think of the troubles finding and getting in touch with 34 others
When the cask was bottled finally the cask somehow had lost so much of its contest that the my original 9l share had shrunk to 4-5 bottles. thats 2.8-3.5 litres
I was quite surprised that this "leaking" cask still managed to hold an alcohol percentage of 59.5
It took 2 years of Bureaucracy to get the bottles from the 3rd party agent (Mainly getting hold of as many shareholders as possible).
I don't hold anything against the 3rd party agent, who probably regret all the troubles they were let into by our original seller.
I can only say I will stay as far away from these people as I can and that I am on personal level very happy the small amount I invested. I'm a bit sorry I dragged a few friends, including my mother into sharing with me, but luckily I had most of them around for some heavy dramming several times they easily forgive me loosing Â½ bottle whisky each
I wouldn't keep any hopes up if I was you. It's a shame that an entusiast like you have been conned.
If anyone around this forum has bought Â½ a cask of Bowmore 1989 a couple of years ago I would like to hear from you !
Go to the WWW forum (pm me if you need the url - I don't think we are permitted to post it here), then select Whisky News, and then "Ladybank" (currently 4th topic from top).
What a peculiar story...
Scott Braid Canada
I would like to get any real news of what is happening - I was intending to head up there in August to take a look round.
http://www.guardian.co.uk/money/2009/ju ... ery-whisky
The possibility of 'some' bottles (number unspecified) maybe in 10 years sounds more like whistling in the dark than a real prospect.
Does the explanation for the failure entirely stand up to scrutiny?
It appears from this article that they burned through £750,000 in cash between 2003 and 2006, with what to show for it?
Being caught out on still sizes seems unlikely, other 'micro' projects at LochEwe, Daftmill (& Red River) seem to have coped, I wonder what their still size and capital requirements were.
I very disapointed about these news. Disapointed but not really surprised ;-((
I was founding member of Ladybank too. As everybody, I suppose, end of 2007 I was asked to pay again for new shares. Hopefully, I didn't had time enough to do it !!!
If there is any way to get back my money, it would be great
Jacques (from France)
Whether this is a fraud or not will only become apparent after investigations into the activities of Mr Thomson and any persons associated with him in connection with the distillery.
In particular it needs to be established what has happened to the money invested with the "enterprise" and whether it was spent in accordance with the promises made to investors. The drawing of a salary by Mr Thomson would not be appropriate I feel. Money "disappearing" to unexplained destinations could indicate a fraud. Money genuinely being spent on the setting up of a distillery and supported by receipt , whilst not perhaps a fraud, may still render Mr Thomson liable to accusations of mismanagement and incompetence.
I reside locally to the site of the proposed distillery and can confirm that the buildings are pretty much ruins, that the Hill Street address is only a pick up point for mail and that Mr Thomson is almost impossible to contact. A visit to Companies House would only make the enquirer feel worse about the situation.
I am convinced that the best resort would be to report the matter to the authorities. If there is sufficient interest I am prepared to collate a response to the situation on behalf of investors and can provide a contact point if required.
I was sold, though, on the idea of a return of a number of bottles over a prolonged period, as well as the ability to visit your own distillery and stay for the weekend.
I hope that a realistic answer is received or that justice is forthcoming - whichever is appropriate.
425 times £3250 is £1.4 MILLION and having attended at the site recently there is no change from 2 years ago. A single new roof was put on perhaps 3-5 years ago but we would estimate the likely cost as being little more than £10000 leaving almost the entire amount apparently unspent, although Thomson claims to have little cash left?
Someone in authority needs to use their powers to examine the company/club records and determine what has happened to the funds invested by us with Thomson. Evidence of criminality should be reported.
I live locally and have visited the site many times including last week, and can report no progress in the last 2 years. I again sent a message to Thomson a week ago and have had no reply (as expected).
If there were any hope of a Phoenix rising from this mess Mr Thomson would be responding to these messages?
ps: can I point out that Mr T is still toutiong for business at
where he continues to offer advice on whisky investments. And you can still sign up for the Ladybank News !
These pages are still on-line for potential invstors (!)
Does anyone know if Mr Thomson has any other sites where we can post our views, ask questions or inform others of the Ladybank situation. Or for that matter any site that could be used to make Mr Thomson communicate to All Ladybank Members. It may also be a way of making other members aware of this forum thereby increasing the weight of feeling and impetus for some kind of collective action in the future.
James, why not stop all this nonsense now by posting your own views on the matter...You owe us that at least?
I am writing an article on this and other ventures (e.g. Shetland) for the next issue issue of Whisky Magazine.
If you would care to be quoted with factual information and comment regarding the situation please send me a private message via this forum.
Please only get in touch if you are willing to be quoted in print and only with facts - no rants please! Thanks,
The main reason for this late post is that I did not visit the Ladybank site for a couple of years -- the last time was in 2008, when the 'upgrades' to the site where begun. An hour ago, paying a visit, I realised that something was sorely amiss. It did not take long to find out what has been going on. I did not know about this forum till today.
I greatly appreciate Peter Catterall for starting this thread and WhiskyLady's taking up the matter with the authorities.
As some have bluntly said, this seems to an investment gone sour. I am lucky in that the outlay for US memeberships was not as high when I joined the club as they later became and the exchange rate was indeed very favourable. I am sorry to see that many locally located members only paid higher entry fees only to personally see little progress being made on the distillery.
Any updates on what has happened in the year since the last post by WhiskyLady would be greatly appreciated.
I received a mailing from them asking me to formally join in the proceedings against
Ladybank and the liquidisation procedures. I had some doubts about what to fill in, but
a note to Victoria Paterson at Baker & Lilly just got we an "out of office" reply and I have had no further contact with the law firm. It is about 5 months since I mailed in the forms, filled in to the best of my ability.
Are there any active processes going on?
Anyway, I think it is all money under the sewage now ..... But, would like
to hear what is going on.
Does anyone know what has happened? Like the previous poster, I fear this was an expensive gamble, gone wrong, but would like to hear if anyone knows the current situation .....
PM if you like at email@example.com
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