The business owned by Nigel Farage’s partner, Laure Ferrari, which markets their own brand of gin, is facing closure due to debts totaling £11,000, as per official records submitted to Companies House.
This development follows revelations that the couple managed to avoid over £44,000 in stamp duty when Ferrari purchased Farage’s £900,000 constituency residence outright. Farage clarified that he did not provide financial assistance to Ferrari, emphasizing her independent financial means from her affluent family background.
Recent scrutiny on Farage and his party, Reform UK, has intensified, particularly concerning the ownership details of a property in Clacton, supposedly owned by Farage but acquired in Ferrari’s name.
The duo, reportedly in a relationship since 2017, introduced Farage Gin, a collection of spirits priced at £40 per bottle in patriotic red, white, and blue hues, in 2022.
Despite promoting the gin on his website, Farage has not disclosed any earnings from the product since assuming his role as an MP. The link to Farage Gin vanished last year.
Manufactured in Cornwall but marketed by Baxter Laois Limited, a company overseen by Ferrari, 46, as the sole director and shareholder, documents show that the company is facing dissolution, with financial statements up to October 2024 revealing minimal assets and an £11,000 debt.
Farage responded to queries about the company’s closure by stating that no closure directives had been issued, promising to investigate further with Companies House and consulting with the accountant.
When questioned about the revenue generated from the gin sales, Farage dismissed the inquiry, insisting on engaging only with those acting in good faith.