as a .32 caliber revolver (also known as IOF Mk1) with barrel that is clearly based on the Webley Mk IV .38 service pistol. In 1924 Webley produced its first air pistol, the Mark I. In 1929 Webley introduced its Mark II air rifle. During World War II Webley air rifles were used for rifle training as well as civilian target shooting and hunting. The Mark II, known as the service air rifle because of its use by the UK military, used break-action with a superimposed barrel locked by bolt action. The detachable barrel was easily interchangeable with others of the three calibres available. The Mark II was discontinued in 1946 and replaced by the Mark III, in production until 1975. The Mark III was a top-loaded air rifle with a fixed barrel and used underlever cocking. It was only made in .177 and .22 calibres. Webley continues to manufacture air pistols in .22 (5.5 mm) and .177 (4.5 mm) calibre, and air rifles in .22, .177 and .25 (6.35 mm) calibre. A variety of actions were/are available in several different models, including the Hurricane, Nemesis, Stinger and Tempest air pistols and Raider, Venom, and Vulcan air rifles. In early 2007 Webley broke away from its traditional 'barrel overlever' design to launch the revised Typhoon model, a 'break-barrel' design with a recoil-reduction system. Webley & Scott has also returned to shotgun production with alliances with European manufacturers, and now markets a number of sporting and competition shotguns. In 2008, Webley sold to Webley (International) Limited but still produces products under the Webley name. In January 2011 Webley (international) Limited held a creditors meeting Under Section 98 Insolvency Act 1986. On 3 February 2011 liquidators were appointed to wind up the affairs of the company. According to the Statement of Affairs produced by the Liquidators, Webley (international) owed their unsecured creditors a sum of £164,595.76. They also owed money to one Secured Creditor, Webley Limited (in Liquidation) a sum of £140,000. Webley & Scott was acquired by the Fuller Group in 2012. In 2016, Webley & Scott launch the 1000 Series and 950 Series shotguns. The Xocet Rimfire Rifle is also launched. Webley & Scott automatic pistols Webley's first autoloading pistol was an experimental pistol in .45 calibre produced in 1903; mass production began in 1906 with the .32 ACP (7.65 mm) model. This pistol had a 3.5" barrel and an