Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 148,161 pages of information and 233,681 images on early companies, their products and the people who designed and built them.
1870 Part of a timber shipbuilding yard was taken over by the partnership of Iliff and Mounsey. They proceeded to construct vessels in iron.
1873 Iliff retired and the partnership became Mounsey and Foster.
Within a few years of Mounsey’s retirement in 1880, Robert Foster had formed a limited liability company, Sunderland Shipbuilding Co Ltd. This was the first such business in the area, and became known as the "Limited Yard".