The story
The company was established by William Cleland in 1866 as Clelands Shipbuilding Company. It was based at Willington Quay in Wallsend and became one of the UK's leading builders of coastal vessels. During the 1930s it got into financial difficulties and for a while was known as Clelands (Successors) Ltd. It was acquired by Swan Hunter in 1967 and was nationalised in 1977 at which time it was subsumed into British Shipbuilders. The yard closed down in 1984.
From Wikipedia’s article on Clelands Shipbuilding Company, shared under CC BY-SA 4.0.3