UK 11:25 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I flagged up HERE the very curious case of Skillwise and Jonathan Stretton Knowles. But doing some digging this becomes all the more mysterious and smelly. It really stinks even by Quindell (QPP) standards.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Rob
Hmm. Why would someone spell their name differently? It’s one spelling people generally get the right (or consistent at least). JonathAn and JonathOn – why would the company get this wrong?
At best it’s careless and clumsy.
Regarding this, previous (and future) articles from Tom, what is required for the relevant authorities, with the power to punish any wrong doing, to step in and take a look?
mickc
Great research!
One point I would make is that forms lodged at Companies House are frequently filled in by clerks, rather than the person signing, and there are often errors. This is even more likely in the case of names which can be spelled a number of ways.
There is not necessarily any intent to mislead, just can’t be chocked to get it right.
However…..
Forty two
There are several different spellings for Richard King. Companies House ain’t Larry Ellison or Ed Cobb for data base fanatics. Can take a while to chase aliases. Repect TW.
Aerostar
Good find! Those final numbers are really dodgy…unbelievable…you sure he wasn’t a used car salesman?
Bonanova
If this is true, I think we could now be within the realms of market abuse.
David Atherton
Well spotted Tom. (As others have said, the CH naming thing is a red herring. I am listed three ways myself. You search on dates of birth)
Dominic Cooper
I have issued a court claim:-
TO The Prezidunt of Rusha, Vlad Putin.
It accused him of being responsible for Ukraine and destabilising world finance.
I have limited the compensation I am seeking to just £2,000,000,000.
He has 14 days to respond. If he doesn’t, it means I have won and have proven he is
wrong and at fault! Yes? That is how it works?
criminalmind
why are you constantly bashing the Company and trying to make 4000 people unemployed. Give it a rest Tom, it’s getting boring. You really are the most irritating, foul mouther Blogging MORON I’ve come across. Stop stealing my wealth and start behaving like a human being instead of a crazy yid.
criminalmind
What happened to Cawkwell’s claim Quindell do not adhere to regulatory requirements with regards to referal fees?
NOTHING
It was fake to allow Cawkwell to profit from his short.
More illegal market abuse from Cawkwell and Winnifrith
Dominic Cooper
ESCAPE ALERT! Probably got missed at medication time.
Anti-semite to boot.
NB Perhaps I can help put the 4,000 (or is it 3,000 or 5,000) employees argument to bed.
It is often said that these employees’ jobs are on the line, or that Rob Terry has created great british jobs, etc.
The number of jobs Rob has actually created, as in advertised a position for and recruited organically, is somewhere not far off none. And most of those are Rob’s old mates, and seem to get employed by signing up to be a director of a shelf company which is then bought for millions of pounds in Quindell shares.
The bulk of the 3,000 employees (or is it 5,000?) work for Silverbeck Rymer, Compass Costs, and the scam text mesage outfit in Manchester whose name escapes me.
The employees worked for these companies before Terry bought them. If Quindenron collapses and their work produces economic benefits, then doubtless they will remain employed.
If there are people employed in Quindenron who contribute nothing economically, but whose salary is being paid simply by the carouselling of Quindell shares from parent to subsidiary and back again, then they ought to not have a job. It is not the function of the markets, or shareholders, or society as a whole, to allow a scam to go on, taking money from investors, because it happens to benefit some employees.
Dominic Cooper
Incidentally, I personally beleive that Quindenron DO NOT adhere to regulations over referral fees. But it is widely known in the industry that the referral fee ban is being ignored. Unfortunately, when passing the ban, they did not include a criminal sanction and it was worded in far too complex a way.
Incidentally number 2, whilst posting above about employee numbers, I did a quick check over the Quindenron annual report. I couldn’t find the number I was looking for, but did come accross this beauty:— Released on 31st March 2014. Remind yourself of what sort of things the company you are supporting are telling you. [My emphasis. Remember that when they were rejected for full listing, it was a “shock” due to not being able to meet the three year requirements, something that came as a surprise and was only due to neligent advice]
QUOTE FROM QUINDENRON ANNUAL REPORT
Full Listing and potential dual listing
Our final proof was to prepare the business for a UK full Listing and a potential North American listing post the announcement of our 2013 audited results. The Board is pleased to report that its Full Listing is progressing to plan. We now have each of our last two years results fully validated with no fundamental changes to accounting policies or Key performance indicators resulting from that review other than to reflect as needed the adoption of new accounting standards that have come in force since last year. Our prospectus will be submitted to UKLA by mid April, with Listing targeted for early June in order that we are Listed in time for the reviews which takes place at the end of June. At which time, as a Premium listed company with a market cap of our scale (subject to share price movement), we would expect to join either the FTSE250 or if appropriate the FTSE100.
******* The business is required to show a three year track record following its original strategy and under the guidance of materially the same board and management team. Quindell has followed the same strategy since its inception, has completed a number of acquisitions but none of which are material compared to the significant organic growth which has now been delivered. Our strategy is clearly working with market expectations being exceeded by the Group for twelve quarters in succession. *******
QUOTE ENDS.
It seems clear as day to me that they knew full well there was a need to show three years of the same business plan, as they even seek to hide the importance of the acqisitions by saying that “none … are material”. They knew they were going to be in the shit when it came to the premium listing – it is in black and white above. They chose to lie to investors and say “it is all on track”
B Sanderson
Kulbas the share price ended up, maybe wait until the end of day before you post
Rob
I’ve asked the LSE board about these 4/5k jobs – what are they, type of work, length of contract etc and no one knows, so thanks for this explanation Dominic.
Laughed at Quindenron, and reminded me of Autonomy, a story which is developing nicely now. Some serious allegations, and revenue recognition seems to be a the centre. So maybe we could have Quintonomy?
Still all to be proven though, but not looking good (for Autonomy)
filthylucre
Scraping the scrapings of the barrel again with this ‘article’ I am afraid. Who t f cares how a clerk expressed his name. Unbelievable horse shit.
Tom Winnifrith
Filthy,
I thought you PROMISED you were never going to read this website again.
Anyhow you QPP owning moron, I think you miss the main point of the article. That £1.97m net for BOTH transactions on 2/9/13. Remarkable coincidence is it not?
Tom
oliver
No doubt there will be more to learn Jonathan SK in this upcoming program:
http://www.mirror.co.uk/tv/tv-news/life-marbs-reality-show-follows-6044646
Millionaire entrepeneur Jon Stretton Knowles is the one who spent £450,000 on two Ferraris in a week. He doesn’t like to boast about it though, obviously.
Jon, 34, also lets slip: “I spent £85,000 and that was a heavy night in Cannes, but I have also had big days and nights at Ocean Club, like 40 or 50k days.
“A couple of grand? We would do that every night. If it was a quiet Wednesday and we went out to Pangea, yeah we would drop a couple of grand. If it is a Saturday night and we have got the boys out, we’d be a bit more extravagant.”
Jon, made all his money when he floated his sales business on the stock market and then sold it for millions. He now owns property and a country club back in the UK, but is essentially retired – and all before he hits the big 35.
Pauly Walnuts
That’ll be a cringefest of a TV programme to sit through.
Does anyone know the details of his sales business that was floated on the stock market and sold for millions ? Would be interesting to see how it’s performed since. Google doesn’t appear to help with this. Surely, the TV researchers wouldn’t have had the wool pulled over their eyes, would they ?