An old bicycle wrench in my possession. Nice, crisp logo stamped onto it.
Phillips Cycle Limited was founded in 1892 in Smethwick, close to Birmingham, England. It eventually rose to become, after Raleigh, the second largest bicycle manufacturer in that country, producing over one million bicycles annually by 1950. In 1956 it was absorbed by Tube Investments, a subsidiary of the British Cycle Corporation, along with a handful of other British bicycle companies, and production was concentrated at Handsworth, with accompanying loss of jobs. Phillips eventually became a part of the Raleigh empire, and its brand continues under license in China and the Far East. Sadly, no longer "Renowned the world over."