I have heard of Peter Penny, and from the look of the Directors Report, he appears to be a “Jack of all trades and a master of none”. The only thing he seems to be an expert on is voluntary arrangements, liquidations and dissolving failed corporations. Before he was selling jeans on Kings Road until that company went bust, now he is running a medical company called Morton Medical.

I have seen on the internet he is also an author of articles about Welch Allyn medical products.

Nothing would surprise me any more about Peter Penny……

I came across this character Peter Penny a couple of years ago when he was running a business called Hudson Valeting service, this business was operating from Broomhill Road in London, and the concept was to polish shoes, ironing and dry-cleaning suits with a pick up and delivery service. I really couldn’t see what sort of market place he was trying to target, I mean, would you want a service where you shoes were picked up for cleaning? This business has now disappeared completely. I can now see Peter Penny is running a medical company called Morton Medical, and I can also see on the internet that Peter Penny has published articles on behalf of a company of a company called Welch Allyn, for Welch Allyn’s ECG machines, diagnostic sets and a lot of other Welch Allyn products. I am surprised that such a famous company like Welch Allyn is using a dodgy person like Peter Penny to write articles about their medical products. This Peter Penny character seems to go from one extreme to another, one day his polishing and repairing shoes for the “gentlemen” market and then he is suddenly operating a medical company called Morton Medical.

I always thought he was not to be trusted

I do remember thinking this chap doesn’t know the industry, doesn’t have a clue how my business works he is a good bullshitter, that I have to give to him.

He did try the same tricks trying to get into my business and take over but he failed
WJ
Dutch Pro- Verb Het bloed kruipt waar het niet gaan kan

The Director of Morton Medical, The Hon. Peter Penny has failed to pay dividend to his creditors.

According to information sent to all creditors and members on the 13th of August 2009, the first dividend
of 12 Pence in the Pound was due to be paid in June 2010.

Today is the 21st of September 2010 and no payment has been received.

The Director of Morton Medical, The Hon. Peter Penny has also ignored filing Morton Medical’s Financial Account with Companies House.

The last account was filed 30th of June 2006 and Companies House has advised that the Company has so far received penalties for a total of £ 4500.00

One of many disappointed creditors

How is it possible that the Director Peter Penny of Morton Medical has not even made the first interim payment of 12 pence in the pound to all the Companies creditors.

According to a letter from CBA which is the Insolvency Practioner for the CVA – the first payment was due to be paid in June 2010.

Peter Penny used to to say ” I get away with things that other people don’t ” because I am the son of of a Lord ( The Rt Hon.Viscount Marchwood) .

He has now again proved that he is right – Peter Penny appears to be above the law.

I have also been informed that Peter Penny has not filed any financial account for Morton Medical with Companies House since 2006. Can the company really afford to pay all the late filing penalties.

It would be better to pay the creditors

A pissed of creditor

Peter Penny, the wannabe entrepreneur. glorified book-keeper- accountant without a degree, I could go on but what already has been said in this well written blog “Jack of all Trades and Master of None”. This sums it all up.

The Honorable Peter Penny – Wannabe entrepreneur has been doing it for years. He has helped himself to a lot of other people’s money and ruined their businesses along the way.

Whoever started this blog has been doing a good job. Peter Penny should have been named and shamed years ago.

I used to know him once upon a time when he was working in Sloane Street and he was a miserable, stuck up -looser with a bad reputation

N.A
PS I think I might have a Photo of him – will send it once found so you guys can add it to the family Album

The Hon Peter Penny has 69 directorships. He is quite an entrepreneur, 48 dissolved companies, 11 active, 4 in liquidation, and 3 currently in voluntary arrangement.

Peter Penny ‘s business activities stretches from jeans and the rag trade , beauty products, finance , medical products, fitness and leisure , employment agencies , bulilding and construction and dry cleaning, the list could go on

Some wise words for The Hon Peter Penny
Unsuccessful entrepreneurs are usually jack of all trades but masters of none. You must concentrate on being successful with one business versus wearing numerous hats for numerous businesses
HCG