How One Typo Killed A 124-Year-Old Business And Cost The UK Government £9 Million
A single spelling error has caused a 124-year-old Welsh family business to collapse – and cost the government GBP9 million (RM49,527,235.26) in legal bills.
Cover image via britishnotes.co.ukIn case you're having a bad day, spare a thought for the owners and 250 staffs of Taylor & Sons Ltd, a 124-year-old firm, which has been forced out of business due to a single spelling error
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Yes, you read it right. A one-letter typo by Companies House, a government agency that acts as the registrar for all companies in the UK, has irreparably damaged the family business!
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We're guilty of the occasional typo too, but we sure hope it doesn't ever cost us as much!
So what really happened? In 2009, Companies House recorded information stating that 'Taylor & Sons Ltd' had been wound up.
Following which, the business of 'Taylor & Sons Ltd' evaporated: its orders were cancelled, contracts were lost and credit from suppliers was withdrawn. The 124-year-old company subsequently went into administration, and was finally dissolved in 2014.
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So Companies House was right? Nope! How?
The problem was that Companies House had mistakenly stated that 'Taylor & Sons Ltd' had gone into liquidation. In fact, they had meant to say '**Taylor & Son Ltd**', a completely different company, one that actually had closed down.
The Independent [reported](http://www.independent.co.uk/news/uk/home-news/one-spelling-error-costs-companies-house-up-to-9-million-after-being-sued-for-ruining-business-10007372.html?cmpid=facebook-post) Companies House had inserted a rogue '**s**' and the actual company that had gone into liquidation 6 years ago was based 200 miles away in Manchester.


