William Beardmore and Company - Decline and Demise

Decline and Demise

Beardmore's various companies became unprofitable in the post-war slump, resulting in the company facing bankruptcy. Financial aid initially came from Vickers Limited, which took a 60% stake in Beardmores, before pulling out in the late 1920s. Beardmore himself was removed from executive control of his company by the Bank of England. Most of Beardmore's various businesses were wound down over the next few years until Bearmore's retirement and death in 1936, although some persisted.

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