 Their quality was equal to that of most other companies at the time, including Bassett Lowke and Hornby Trains, which in the UK were widely accepted as the leading model train companies of the 1920s and 1930s.Just before World War II they started manufacturing their coaches and wagons out of bakelite.Rex Stedman founded the Leeds Model Company (LMC) in 1912 but left it in 1928 to found a new company under the name of R.F.