Monday, February 16, 2015

124 Years Down the Drain From a Single 'S'.

A company in Wales that had been in business since 1875 was driven forced to close because of a small typo.  The government agency Companies House believed that Taylor & Sons Ltd, an engineering firm, was going out of business and going in to liquidation. The unfortunate reality was that Taylor & Son Ltd in Manchester was the company that was closing.  By the time Companies House and the owner of Taylor and Sons, Philip Davison-Sebry,  discovered the mistake just three days later, it was already too late to repair the damage.  Within three weeks, 3,000 suppliers had cancelled their orders and no companies would supply Taylor and Sons with credit.  In response to being driven out of business Philip sued the government agency and won £8.8 million. More information about the aftermath and what Philip is doing now can be found here. 

P.S. Check your spelling, everyone.