This firm was founded in about 1927. A newspaper advertisement described it as a maker of goffed cutlery blanks in stainless or Bessemer steels. The manager was George Leonard Latham (1880-1945), who was the son of a watchmaker. The firm had previously been at 53/55 Garden Street, but moved to Croft Works, John Street (Sheffield Daily Independent, 31 December 1927). It advertised scale and whittle tang blades and abrasive wheels for machine grinding. In 1933, the business launched a scheme for the mass production of stainless steel articles. Apparently, Latham had left and by 1939 was working as a works detective. Under a new director, E. Allen, Croft Cutlery announced the takeover of Victoria Tool Fittings Co, Darnall, to manufacture domestic utensils, hospital equipment, shop and motor car fittings. The workforce was anticipated to rise from seventy to 300 workers (Sheffield Daily Telegraph, 28 January 1931; Engineer, 6 February 1931).
However, Croft Cutlery became indebted in the Depression and in 1934 the debenture holders forced its closure. It was offered for sale as a going concern, with a complete stamping and forging plant, including dies and tools for the manufacture of table knife blades, and a complete grinding and polishing plant (Yorkshire Post, 7 April 1934). It seems that the buyer was Serrated Knives Ltd. In 1937, Croft Cutlery Forging Co Ltd was struck off the register. Latham died in 1945 and was buried at City Road Cemetery.