Peter Penny through his company Staveley Group Limited and his friend through his company Mace Investments Limited voted for the voluntary arrangement, each with 25% of the ordinary shares in Morton Medical.
As the shareholders were tied 50-50 the proposal put forward by the director Peter Penny of Morton Medical Limited were deemed approved.
Peter Penny the director of Morton Medical was due to pay all creditors the first part payment (dividend) of 12 pence in the pound in June 2010 in accordance with the proposal by the insolvancy practitioners CBA. Today, which is the 2nd October 2010 no payment has been made to any creditors.
Below is the document issued by the insolvency practitioner.
Peter Penny of Morton Medical LTD blames Jock Green Armytage for his disgusting conduct
“I was just following his instructions” – Peter Penny
In January 2006 Peter Penny came to the Morton Medical office in Broomhill Road in London when the General Manager was out of the country and tried to take control of the company. When the General Manager came back to the office a couple of days later he was attacked from the back by Peter Penny so that the staff had to call the Police and the General Manager was taken to hospital by ambulance with a heart attack.
It was also discovered that Peter Penny in secret had increased the share capital of the company so the General Manager’s stake in Morton Medical had changed from 50% of the ordinary sharers to 25% of the ordinary shares.
Peter Penny’s stake had increased from 25% to 50% and his friend Jock Green-Armytage remained with his 25% share of the company. Please click the link here to read the witness statement submitted to the High Court of Justice, Chancery Division.
The General Management of Morton Medical made a petition to the Royal Courts of Justice in London through his lawyers click here to read the Petition .
As a result of the hearing in the High Court of Justice, Chancery division in London, the the following order (which went completely against Peter Penny) was made by the High Court Judge. Please click here to read the Order.
Peter Penny was very apologetic to the General Manager after the Order and blamed all his actions on his co shareholder Jock Green Armytage. Peter Penny kept on repeating that he was forced to act the way he did by Jock Green-Armytage, and he himself was completely innocent.
A reader James of this Weblog made the following comment after reading the
order:
“What a clear cut judgment. The Judge took a strong view against this Peter Penny, rotten Director. This is a beautiful example of the way in which the law seeks to protect the innocent party from exploitation and illegal malpractice. How fantastic that this evil Director was restrained by the law this way. Let us only hope that he has continued to abide by every clause in this Order !”
This email document below was given to the general manager of Morton Medical by Jonathan Boxall, regarding the sale of the company Medscope to Peter Penny.
Without consulting the General Manager of Morton Medical or the principal shareholder (50%), Peter Penny entered into negotiations with Jonathan Boxall, including disclosure of business and operational activities of Morton Medical. Jonathan Boxall and the company Medscope who at the time was essentially a direct competitor to Morton Medical gained access to resources owned by Morton Medical in a manor that was deceptive to the General Manager and other staff.
.
The management of Morton Medical was asked by Peter Penny to manage the customer services of Medscope for the month of August 2007 because Jonathan Boxall was going on his honeymoon and Peter Penny was going away for his annual 1 months summer holiday.
The doucment below details the true intention of Peter Penny, where the current Morton Medical staff would run the day to day business of Medscope, NOT only for the month of August.
Please see below the Organisational roles agreed by Peter Penny and Jonathan Boxall, behind the back of the General Manager and principal shareholder (50%) of Morton Medical.
You can see from the document below that it was Peter Penny’s intent to use Morton Medical to supply Welch Allyn products to Medscope (last item in list under 25th June Milestone):
“Agree Welch Allyn range and pricing”
The General Manager of Morton Medical refused to supply Welch Allyn products to Jonathan Boxall and Medscope.
There was already a warning in place from Iain McGrath of Welch Allyn regarding Medscope and Jonathan Boxall.
The General Manager of Morton Medical was later threatened by the director Peter Penny for his refusal to co operate with his “competitor”.
This is a document called the Executive Summary of Medscope Ltd and was given to the General Manager, and the staff of Morton Medical by Jonathan Boxall.
Peter Penny and Jonathan Boxall’s Company Medscope advertising Welch Allyn ECG machines in Classifieds in Gloucestershire
The company Medscope now appears to be trading under the name:
“Madscope”
according the the screen capture of the adverts in the OLX Glouscester Free Classifieds, as taken 23rd November 2009.
It looks like anyone interested in an Welch Allyn ECG machine should call Madscope and speak to Peter Penny 07768 335975.
The image below is a scan of a document that was part of a loan application. It was submitted to Lloyds TSB by Peter Penny for Morton Medical to obtain a DTI small firms loan using the government guarantee scheme. The loan was for £60,000.
The information is misleading. Peter Penny has never been a majority shareholder of the company. His shareholding has always been and still is 25% through one of his other companies Staveley Group Ltd.
Peter Penny also claims that “is responsible for recruiting and managing the team and developing the strategy for the expansion of the company”. This claim is incorrect. Peter Penny has never taken active part in running the company apart from the occasional visits to the companies offices. He was active in remotely accessed the companies Sage accounts software package doing various transactions.
This is an extract from Graydon UK Instant Credit Report showing share holding
| Shares | Ordinary GBP 1.00 |
|---|---|
| Issued Number | 1,000 |
| Shares | Ordinary B GBP 1.00 |
| Issued Number | 48 |
| Principal Shareholder | 500  |
| 250 Mace Investments Ltd | |
| 250 Staveley Group Ltd | |
| 24 Staveley Group Ltd | |
| 24 Jock Green Armytage |
This is the document:
Graydon UK
Company Identification Details
Creditline Recommendations
*** End of Report on MORTON MEDICAL LIMITED ***
|
Peter Penny and the VW Beetle in Wandsworth County Court
From:
Peter [mailto:peter@medscope.co.uk]Sent: 09 June 2009 10:18To: customerservices@medema.co.ukSubject: VW Beetle
Without Prejudice
Dear Anneli
I would be prepared to drop my claim against you for my losses if you are
prepared to return the car in the next 48hrs.
The car is owned by me and I can’t imagine that the court will allow you to keep
it. I would prefer not to put us both through a court appearance.
Regards
Peter
Peter Penny
Director
Medscope Limited
DD 01285 644447
Mob 07768 335 975
___________________________________________________________________________________________
Peter Penny claiming possession of a car belonging to Anneli:
Wandsworth County Court document issued after 3 appearance in Court and finally the claim was dismissed by the judge.
Clear breach of the Court Order
& Contempt of Court
by Peter Penny
Page one of Peter Penny and Morton Medical
Second letter Page one
Page two
In Her Majesty’s High Court of Justice
The Order in the High Court of Justice
Chancery Division
Page one of Peter Penny and Morton Medical High Court Action
Page two
In Her Majesty’s High Court of Justice
The Petition to the High Court and Respondents Peter Penny
Page one of Peter Penny and Morton Medical High Court Action
Page two
Page three
Page four
In Her Majesty’s High Court of Justice
Witness Statement
Page one of Peter Penny and Morton Medical High Court Action
Page two
Page three
Page four
Page five
Page six
