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Joined: Nov 2006
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Talk Morgan Regular
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Originally Posted by TBM
The Mr. Lawrence Henry Peregrine Price mentioned is a principal in ROCKWORTH MANAGEMENT PARTNERS LIMITED. Is that good person the husband of the younger of PM's two daughters, the hospital administrator and a Trustee of the Morgan Family Trust.

Ah! This Mr. Price is the son of Peter Morgan's youngest daughter, a 10% non-executive shareholder. I mistook him for his father who I am far more familiar with. However, I did notice that the initials were not the same. BTW, we are now 3-4 companies away from the MMC, my only object of interest. Forgive me, but for the reasons I gave, I am not all that interested in the path of corporate connections between the Bonomi Brothers and the MMC. I imagine there are many stops along the way. I am only an Morgan car owner and as such, interested in who ultimately makes the decisions at the Factory.

Originally Posted by TBM
I think much of this thread is now mere supposition and conjecture rather than solid fact.

I gather you wish to dispute the Companies House filings. After all, that is ALL I relied on here. The Morgan Family has been filing since 1995. Have you examined any of them? Their information was given to the government under responsible signature . I merely snipped and pasted it here in a effort to help and to avoid being a "shot messenger", a goal which I apparently did not achieve with you. (wryly) If the Company House filings disturb you, there is not much I do. As more speculation, the general rule is, while public/private financial statements can be open to forensic interpretation, they always get the shareholders right. wink

As for the non-executive directors, there has been a huge number of those over the decades.

If you have a public or private source disputing the filings, I would be very interested knowing. Before the Family era fades into history, let's get it right. It is a great tale.
Thank you again.

gmg

Last edited by gomog; 13/12/23 08:09 AM.
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Talk Morgan Sage
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Originally Posted by gomog
I gather you wish to dispute the Companies House filings.

Don't dispute the facts. More the commentary. wink


1972 4/4 4 seater, 1981 MGB GT
1984 Harley Davidson Electra Glide, 1990 Kawasaki ZX10
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Talk Morgan Regular
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Originally Posted by TBM
Don't dispute the facts. More the commentary. wink

Understood. I added them for fear the audience will mistake innocence and common practice for something sinister.

I will avoid adding such commentary in the future.

Joined: Nov 2018
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Talk Morgan Sage
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Originally Posted by gomog
I will avoid adding such commentary in the future.

Don't stop on my account - I'll remove myself from the thread.


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J
Talk Morgan Expert
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J
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Significant control of a company also relates to voting rights and share holding although they are usually one and the same, however some shares have more than one vote per share even no voting rights at all eg I hold shares in a Management Company that gives me 10 votes for each share, and in this case my voting rights rather than my shareholding gives me significant control of the company.

Whilst some of the information held at Companies House is not always 100% reliable, most larger company accounts are independently audited and the annual Confirmation Statement should identify the shareholders go to Companies House, search for Morgan Motor Company and the look at the updated Confirmation Statement for 24/2/2020 gives you some detail of the transfers of shares.
https://find-and-update.company-information.service.gov.uk/company/07459137/filing-history

Whilst this is an interesting discussion, it can sometimes become a little indelicate, and true control of a company may also in effect be maintained through debentures, loans or mortgage agreements or other charges through covenants and charges on assets etc rather than just by shareholding alone.

Last edited by JohnHarris; 13/12/23 08:58 AM.

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