Established by 1914. The Caldwell gun was similar to the Maxim but had 2 barrels and used a drum of ammunition rather than a belt which tended to jam. Sold in London but due to the war never really reached serious manufacture. Although some were used by ANZAC forces it as never mass produced and it disappeared into history following the war.
Capital £30,000 in 60,000 shares of 10 shillings.