A LOVE OF WEEZER / Why MORTON HOUSE must fail the EFL tests (Part 5) by
RAFCBLUE 9 Aug 2021 19:59I've concluded that the folks of Morton House must be massive fans of the band Weezer.
For those at Morton House it's currently a very interesting state of affairs. If I briefly recap:
1. Company formed on 28th May 1999 by Ana Sacco and Darren Sacco.
2. It bumbles around for nearly 20 years before it renames itself MORTON HOUSE BUSINESS AND CORPORATE SERVICES LTD in on 18th March 2019
3. It's year end prior (31st July 2018) it has the grand total worth of £14,287.
4. On 22nd March 2019 DENISE VALERIE COURTNELL is appointed as a Director.
5. Darren Sacco left as a Director on 30th April 2019 and Ana Sacco had left before Denise is appointed on 15th February 2019.
6. 31st July 2019 comes and the net worth - £12,375. A loss for the year to July 2019 of £1,912. All before Denise has come in to work her magic.
7. On 10th March 2020 it changes its name again to MORTON HOUSE MGT AND FIRST FORM CONSTRUCTION LIMITED. Bit of a mouthful from the previous company name if you ask me (ooh err missus!)
8. On 30th June 2020 the Company files for a change of activity to do payroll services.
9. 31st July 2020 comes and the net worth - now £121,759. A PROFIT for the year of £109,024 and all thanks to Denise! It must have been on the old activity mind because the new activities of payroll at this point have only been going for one month.
10. On 1st May 2021, Denise brings in two new directors. Young blood. The well known one is DARRELL ROSE - a Worksop property company and used car garage owner. The lesser well known Faical Safouane who otherwise resides in a bedsit in Slough. Safouane however originates from Morocco.
11. We now know that Rose had bought 51% of this company on 1st May 2021 from Denise Courtnell except....
12. On 30th June 2021 Morton House FORGETS to tell Companies House that Darrell Rose has bought 51% and says nothing has changed. You can almost hear the teacups clattering on the Boardroom table because....
13. On 28th July 2021, Morton House files that things HAVE changed and Darrell is the owner not Denise.
Conveniently, this filing was done ONE DAY after the EFL meeting given we know the timeline from the disclosures in the Daily Telegraph.
So it go me thinking; something isn't right is it about Denise. 78 years young and starting a payroll company. Turns it around and then transfers exactly 51% to someone who happens to want control of a little League 2 football club.
Here Denise is, coming in to Morton House in 2020 and turning it around, taking over from two directors who have run it for 20 years without any really financial success and in under a year, a year with a global pandemic in it, turns a six figure profit and has £4m of current assets in the bank!
It made me go and look again at the Bar Lush raid in Chingford in July 2009 where Denise lost her home and her livelihood. The Enfield Independent gives a lot of coverage of the people involved.
https://www.enfieldindependent.co.uk/news/4490007.two-enfield-men-charged-in-huge-drugs-and-guns-crackdown/
It turns out it wasn't just our Denise involved. Reading all of the information closely the following dawned on me:
* 3 pubs closed - Bar Lush, The Station House and The Bull and Crown
* Drugs with a street value of £100,000 seized
* £10,000 of cash and stolen good seized
* 4 guns seized
Turns out what Denise was caught up in at Bar Lush was a lot more then a little bit of "personal use". Turns out that 17 different people were charged with 143 different drugs, firearms and money laundering offenses.
I shan't list the names - but see if any of the name in the Enfield Independent jump out at you.
Now, where was our friend Andrew Curran during this time?
He was running his father-in-law, Colin Green's company from 2008 - Supreme-O-Construction Limited and having in 2006 bought a home in Inglethorpe, Essex as Messageboard user fermin noted on another thread.
The Essex home - according to the Land Registry - cost Curran £1.1m in 2006.
Supreme-O-Construction Limited's profit / (Loss) for each year under Curran:
Year to February 2009: LOSS of £36,164
Year to February 2010: LOSS of £14,874
Year to February 2011: LOSS of £2,825
Year to February 2012: LOSS of £2,376
Year to February 2013: LOSS of £12,286
Year to February 2014: LOSS of £74,811
Year to February 2015: LOSS of £52,179
Year to February 2016: LOSS of £29,203
Year to February 2017: PROFIT of £109,229
Year to February 2018: PROFIT of £107,293
Ten years of business and an OVERALL LOSS OF £8,210 was achieved, whilst paying the mortgage on a £1.1m Essex house. He could have done calling Denise Courtnell in to turn his business around!
In June 2018, Colin Green sadly passed away. Andrew Curran got out and passed the Company over to Mark Farrugia.
Supreme-O hasn't bothered with filing accounts since 2018. It didn't file 2019's or 2020's and in June 2021 (WHILST THE EFL APPLICATION WAS WELL UNDERWAY) Farrugia has quietly filed for liquidation.
Supreme-O is helpful though in other ways. It shows in the public domain the link between the Green family and the Curran family.
The family ties between Andrew Curran, Colin Green (founder), Jean Green (Curran's mother-in-law and one time secretary of Supreme-O), Kelly Curran, Darrell Rose and Deborah Rose are unquestionable.
The apple they say never falls far from the (family) tree.
Denise Courtnell will be asked to go before the EFL I am certain of it.
The £4m of current assets that Morton House shows at July 2020 are HER current assets - Rose was not involved at this point even though he is now and Rose hasn't put any accounts out for Morton House - but he can and will.
Now, for three points music officiandos - what is the Weezer classic that ties all of these things and people together?
Alexander Jarvis & Hull City by
UpTheDaleNotForSale 19 Aug 2021 9:58As we know, A. Jarvis of Blackbridge was involved in the failed attempt to buy Hull City relatively recently.
https://www.google.com/amp/s/www.hulldailymail.co.uk/sport/football/who-alexander-jarvis-man-mystery-2087362.amp
This deal fell through, and there are striking similarities between the Hull situation and the attempted hostile takeover of Dale by #AndyCurran #DarrellRose #MortonHouse #FaicalSafouane and #DeniseCourtnell - namely the massive overvalution of the club by the potential investors (detail on the link below)
https://thenextweb.com/news/hull-city-cryptocurrency-buyout-fallen-through
The question we keep returning to... #AndyCurran went from 'having nothing to do with Rochdale' to wanting to invest, use it as a place for beers with mates, and ultimately (according to Jarvis) make a profit on their investment.
If the shares bought are overvalued (rumoured to be offering 5x the share value of £2), plus legal fees, plus fees to #GatleyPLC, plus throwing around £10K 'finders fees' like confetti - where exactly is the profit going to come from?
- Where is the money for the purchase coming from?
- Why is the club being so overvalued?
- How do they intend to make a profit?
- Why Rochdale for a beer / play thing? When its so far away?
- Most importantly, is it Jingles or Puggles that Andy is planning to bring to Dale? & why is the other one not allowed?