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 Spelling Mistakes Can Cost You Millions and ruin 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 a 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. Spelling Mistakes: A Major Risk to Your Business.
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