Paul Vanes has asked me to post this for him:-
"According to the superb book "50 years of Progress - The History of the Automotive Products Organisation over the past 50 years" by T.H. Wisdom M.I.M.I., A.M.S.A.E. in collaboration with N.E. Riddihough the Lockheed Hydraulic Brake Co. Ltd. was formed by the purchase of the Zephyr Carburettor Company and its Clemens Street works in 1928 and manfacturing began with a total staff of 25 making brakes for Wolseley cars who had recently been taken over by Morris.
By 1931 there was the introduction of the first efficient dry plate Borg & Beck clutch to Britain. Plans had been drawn up and submitted for a new factory out in the country side - thats my joke re the NWG in Harbury Lane - of Tachbrook Road and building soon commenced.
This is now my research talking - In 1932, the Company opened Lockheed Sports and Social club with a cricket team being the first to operate then in 1933, two football teams were formed under the name Lockheed Sports and they entered the Warwick and District Football League for 1933/34 but before that season ended, the name in the newspapers was Lockheed, Borg & Beck. Not satisfied with the strength of the opposition the first team moved to the Coventry Works League, division two. The late lamented journalist Roger Draper always said Lockheed (in any guise) was formed in 1933 as the above proves."