Percy Wadham Specialities.
In February 1920, the first advert for Percy Wadham Specialities appeared and the new catalogue in the new company’s name was ready. Scott, whose engineering business had seen considerable growth during the war, continued to make the reels for the new company but this was not a significant part of the business for his company.
In July 1922 Percy Wadham Specialities Ltd. was voluntarily wound up and by the June of 1923 sold to Milward. Percy Wadham Specialities Ltd. was acquired by Milward in 1923 who continued to market the range of tackle previously sold. The company was managed by Walton Wadham, Percy’s son.
There was a subtle change of the public name, with no announcements that I could find, in 1926 changing from Percy Wadham Specialities to Wadham Specialities in the advertisements, the legal name did not change. However, the 1927 catalogue is listed on the first page as Percy Wadham Specialities. I suspect that this was paving the way for Walton Wadham to run the company on his own.
On the 12th August 1940 Milward reversed the action of 1922 and sold the assets to Walton Wadham for £50. Percy Wadham Specialities Ltd. became part of Wight manufacturing and mainly made baits and accessories for the tackle trade rather than dealing directly with the public.
The company continued under Walton’s management until 1965 when it was sold. The new owners operated the business from the Island and eventually sold the company to mainland owners in the late 1970s and the connection with the Island was broken.