The Company minutes of Isaac Pimblott and Sons Ltd are kept at the Cheshire Record Office (DDX 435). Here are a few notes I extracted.
Present: Mr John Pimblott, Mr William Pimblott, Mr Thomas Pimblott, and Mr George Hatt-brook, Solicitor.
Mr John Pimblott was appointed Chairman. Mr William Pimblott was appointed Secretary.
The Company was Registered on the 29th of March 1912.
The Directors agreed to lend the Company as working Capital the sum of £592-5-10 each.
Mr John Pimblott £592-5-11.
Allotment: 2,500 Shares were allotted to each Director as consideration for the business
in accordance with Agreement dated May 1st 1912.
Dividend of 20% declared and a further bonus free of income tax.
Extra remuneration to Directors: Sum of One hundred pounds each to be paid to Mr John Pimblott, Mr William Pimblott & Mr Thomas Pimblott as Directors for extra services rendered in speeding up War Office and India Office work.
Proposed that £3000 should be invested in the War loan.
A further sum of £3000 should be invested in the War loan.
£6000 War Loan stock transferred from directors to the Company and the remuneration for each Director for the year ending 25 Mar 1917 be increased by the sum of £250, making £750 in all.
Dividend of 30%. Value of shares is Two Pounds each on 25 March 1917.
Mr John Pimblott said this was the first meeting of the Directors since the lamented death of Mr William Pimblott. Mr John Pimblott speaking on behalf of Mr Thomas Pimblott and himself paid a very high tribute to the sterling qualities of their deceased Brother. They had suffered a very great blow when Mr William Pimblott passed away, and it was difficult for anyone to really feel what a serious break Mr Pimblott's death meant to them. They had worked together a number of years and met in business and affection every day. They moved a vote of Condolence to Mrs William Pimblott and their Brother's children.
William Pimblott's shares transferred to John and Thomas, 1250 each.
| 1926 | Profit £1568-16-3. Dividend of £1500 declared. |
| 1927 | Profit £1692-19-7. |
| 1928 | Profit £439-18-8. Dividend £1500. Value of shares £13,400 or £1-15-9 per share. |
| 1929 | Loss £953-14-7. Share value reduced to £12,285 or £1-12-9 per share. |
| 1930 | Loss £62-8-4. Directors' salaries reduced from £1000 to £520. Dividend of £480 paid. |
| 1931 | Loss £503-14-7. |
| 1932 | Loss £2323-3-5. Directors' salaries reduced from £10 per week to £9 per week - £493 per year. |
| 1933 | Loss £1145-4-1. Directors waived remuneration. |
| 1934 | Loss £525-8-10. Directors waived remuneration. |
| 1936 | Debit balance increased from £2060-8-4 by £1258-11-5 to £3318-19-9. |
| 1937 | Directors Meeting resolved that the Directors waive all claims to their remuneration for the year to 25th March 1937 and that such monies as they had withdrawn during the year be charged to their loan accounts. Profit £17-1-11. Debit balance £3318-19-9 reduced to £3301-17-10. |
| 1938 | Profit £1093-9-4. Debit reduced to £2208-8-6. |
The Company recovered from its poor performance of the 1930s. Jack Pimblott, or John Pimblott Jr, became a director. Mr John Pimblott's health declined and he eventually had to resign as Chairman.
Mr Ward Platt was unanimously elected Chairman of the Company in accordance with the new Articles of Association recently adopted.