Five generations of Timpson's have been
involved in the business that bears their name. Chief Executive John Timpson is
the great grandson of the Founder, William Timpson, who at the age of 16 opened
his first shop in Butler Street, Manchester in 1865. William learned his boot
and shoe making craft in his native Northamptonshire, but he soon realised that
it took a week to make a pair of boots, but only a few minutes to sell them. By
1869 William started trading at 97 Oldham Street, which he rented for £200 a
year. The Company grew rapidly in the 1930’s opening at least 10 shops each
year. By the start of the Second World War, the business had 189 shops and 11
shoe repair factories with a large manufacturing plant making 17,000 pairs of
shoes a week. The number of shoe repair shops had grown from 150 to 315 and the
turnover had expanded from £12.5m to £40m. Then in 2003 Timpson bought The Minit
Group which included Mister Minit, Supasnaps and Sketchley. Over the past two
years Timpson now have over 550 outlets in the UK and Ireland and have retained some of the Dry Cleaning units.
They are
currently developing new service areas such as locksmiths, jewellery repair and
clothing alterations.