In 1999, the aircraft manufacturer signed a sales contract with an unnamed army of the Hercules transport plane used by air forces around the world. If only Lockheed Martin officials knew that before this happened… Missed commas are probably the most frequent errors in English. This is not a story of Taylor and Sons Ltd…but a story of missed ‘S’ and what it can do for your business. Sebry is now building a business from scratch. Employees also started demanding their salaries and were leaving the company in huge numbers.ĥ years later, the company was finally dissolved. They lost Tata Steel, their best customer, which was worth £400,000 a month. The company lost its credibility among its suppliers. The false credit information was also sold by then. On further enquiry, he found that the Company House had mistakenly written ‘Taylor and Sons Ltd.’ instead of the Manchester-based ‘Taylor and Son’ which had actually gone into liquidation.Īlthough the error was rectified within 3 days with the Companies House compensating them with $17.2 m legal bill, the damage was done. He returned immediately to find that the Companies House, the organization in UK which publishes official notices about companies, had issued a notice about this company’s liquidation. The caller from Corus (now Tata Steel) asked why has his company gone into liquidation and was furious. Philip-Davison Sebry, MD and co-owner of Taylor and Sons, was enjoying his vacation in Maldives when it came to an unhappy ending with a phone call. The Impact: Company was dissolved in 2014 and had a loss of $40 millionĪ symbol of hope in Superman’s world turned out to be a weapon of destruction for Taylor and Sons Ltd-a Welsh engineering firm established in 1875. Let’s see a few examples of how typos and spelling errors ruined many companies. And a grammar mistake can turn your growth upside down. But in business and legal matters, stakes are high. And why wouldn’t they be? It might have had marginal impact on their grades. Many people often think of grammar errors as a mistake for which only their high-school English teacher cared about. What if I told you missing out a hyphen can lead to catastrophe? Or if a misplaced comma can cause damages worth millions of dollars for your company? How companies lost millions due to spelling mistakes and typos
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