Blog: English Watch CompanyCopyright © David Boettcher 2006 - 2020 all rights reserved.
I make additions and corrections to this web site frequently, but because they are buried somewhere on one of the pages the changes are not very noticeable, so I decided to create this blog section to highlight new material. Here below you will find part of one of the pages that I have either changed or added to significantly.
This blog entry is part of my page about British Hallmarks
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The Anglo-American and English Watch Company
The history of the Anglo-American and English Watch Companies is a story of one factory under two sets of management and two different names.
The Anglo-American Watch Company was set up by Aaron Dennison and a group of investors in Birmingham in 1871. After the company failed to achieve sufficient sales of its watches in America, Dennison left and the company was renamed English Watch Company Limited. Soon after this the investors decided that the company was not viable and liquidated it. The factory and machinery was sold to William Bragge who ran it under the name “English Watch Company”, although this had no connection with the dissolved limited company of the same name.
Anglo-American Watch Company
The Anglo-American Watch Company was one of the first users of mass production machinery in England to manufacture of finished watches in any significant quantity. John Wycherley started earlier but made only unfinished movements, sold as ‘frames’ and rough movements to watch finishers.
Aaron Dennison left the American Watch Company of Waltham in 1861 after a disagreements with Royal E. Robbins. He came to England in late 1863 as an agent selling patented American machinery to the iron trade in Birmingham, England. On a trip to America in 1864 in conjunction with this agency he was approached by A. O. Bigelow to help set up a new watchmaking company in Tremont. Bigelow's idea was to make watch plates and barrels in America by machine, and import the small fine parts, such as the train wheels, balance and escapement from Switzerland, where wages were lower than in America. Bigelow and Dennison founded the Tremont Watch Company in Boston, and Dennison went to Zurich to supervise the ordering and delivery of parts to America.
The strategy was initially successful. In 1866 the company relocated to Melrose, Massachusetts, and was renamed the Melrose Watch Company. At the same time, Bigelow decided to make all the parts of the movements, and to increase production to 100 per week. Dennison disagreed with this and left the company. The new strategy was not a success and the Melrose Watch Company ran out of money and failed in 1868. Dennison returned to Boston and tried to form a new company to purchase the machinery and factory of the Melrose Watch Company, but failed. After much searching he found investors in Birmingham, England, who were prepared to put up the capital to buy the Melrose machinery and form a watchmaking company.
The Anglo-American Watch Company was founded in October 1871 at 45 Villa Street, Aston-juxta-Birmingham, which later became known as Hockley, with Dennison as manager, subject to dismissal on three months’ notice, for £350 per year.
At the end of five years Dennison was to receive shares in the company, and a share of the excess profits if they exceeded 5 per cent for the first year, 10 per cent for the second, 15 per cent for the third, 20 per cent for the fourth, and 25 per cent for the fifth year. The agreement was complicated by the fact that Dennison partly owned the tools and equipment.
Notice of English Watch Co. Liquidation: 30 June 1875.
The initial products, uncased movements, were sent to America for sale but there was little demand because of severe economic depression after the financial crisis of 1873 and the market was over supplied. This led to a change in direction towards the British market and the company was renamed the English Watch Company. At some stage this was transformed into a limited company.
Liquidation and Sale
Cutmore says that the Anglo-American Watch Company was wound up "late in 1874" and sold for £5,500 to William Bragge, who "renamed it the English Watch Company". However Philip Priestley records a special resolution of the Anglo-American Watch Company passed on 11 February 1874 that changed the name to the English Watch Company. It appears that Dennison left the company at this time, perhaps the investors had become disillusioned with his inability to turn ideas into profits.
Another special resolution was passed on 9 June 1875 which proposed the voluntary winding up and sale of the English Watch Company. The date of 1874 given by Cutmore is wrong.
The London Gazette report reproduced here shows that The English Watch Company Limited of Villa Street, Aston-juxta-Birmingham, was wound up voluntarily in June 1875. The initial resolution was made on 9 June. This was confirmed at a second Extraordinary General Meeting on 24 June when Liquidators were appointed.
Bragge must have purchased the company, already named The English Watch Company Limited, from the liquidators. The notice to creditors posted by the liquidators required all claims to be submitted before 1 August 1875. When the assets were sold to Bragge is not recorded but it must have been late in 1875 or early 1876.
Bragge would not have bought the limited company itself, which would have been allowed to go into liquidation taking its debts and liabilities with it. Bragge purchased the buildings, machinery and stock-in-trade from the liquidators, creating a new company called the English Watch Company. This was not a limited company, which might explain Cutmore's remark that he changed the name, the name being changed from The English Watch Company Limited to The English Watch Company, which was also a different legal entity.
An Extraordinary General Meeting of the English Watch Company Limited was held on 20 December 1881 for the purposes of hearing from the liquidators how the winding up had been conducted and assets of the company disposed of. That was the final end of the first "The English Watch Company Limited".
English Watch Company
The Watchmaker, Jeweller and Silversmith reported in February 1882 that The English Watch Company of Birmingham was to become a limited company, The English Watch Company Limited. The capital of the Limited Company was £50,000 in £10 shares, although it appears that only half the amount was called up in the first applications. The freehold buildings, plant, machinery, stock in trade, goodwill, patents and trademarks had been valued on a going concern basis at £21,000. This was the second "English Watch Company Limited", a completely separate legal entity from the first limited company.
The works at Nos. 41 to 49 Villa Street, Lozells, Birmingham, were reported to have been in active operation under the present management for "about six years", which would imply from late 1875 or the early part of 1876. This ties in with the date of late 1875 or early 1876 for the purchase of the assets of the company from the liquidators as discussed above.
The workshops had been planned for the purpose of watchmaking by steam machinery, the lighting being especially good with windows on both sides of each workshop looking out onto gardens. The watches made were exclusively English levers and "the several parts of the same sizes [of movements] are interchangeable". Large orders were flowing in from the Indian, Colonial and Home markets with the "revival in trade" after the depression of the 1870s.
The English Watch Company continued to use the Melrose machinery for making plates and barrels, but was still dependent on the import of parts from Switzerland. In 1880 it was reported that that 200 men were employed and the machinery was little improved, the escapement and much of the material still came from Switzerland. William Bragge ran the company until about 1883 after which his son Robert took over. In 1885 at the 4th Annual General Meeting the shareholders were told of the death of the 'founder' William Bragge, an enlargement of the workshop costing £950 and a new and more powerful steam engine by which a 50% increase in production could be obtained.
A patent was purchased from Mr Douglas of Stourbridge for his double chronograph and his stock of finished and unfinished movements and materials. The patent was probably No 4,164 of 27 September 1881 which allows the fitting of a centre seconds hand and minute counter to a normal watch, either on the conventional dial at the front or a back dial. The chronograph part was operated by a three-push button. The English Watch Company proposed to produce a combined repeating and chronograph watch known as the 'Chrono-micrometer' and one was exhibited at the 1885 Inventions Exhibition in South Kensington. The watch was a minute repeater with the chronograph showing minutes, seconds and fifths. This was an ambitious project in a different class of watchmaking to those previously made.
In 1886 the company was reported to be very busy and in 1890 Robert Bragge and the company took patent 2,856 for 'Improvements in Chronographic watches'.
The good times didn't last and on 11 February 1895 an Extraordinary General Meeting of The English Watch Company Limited passed a resolution that the company should enter voluntary liquidation. This time it was not resurrected. It is thought that H. Williamson of Coventry bought some of the machinery.
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Copyright © David Boettcher 2006 - 2020 all rights reserved. This page updated June 2018. W3CMVS. Back to the top of the page.