There are 110 livery companies, comprising London's ancient and modern trade associations and guilds, almost all of which are styled the 'Worshipful Company of' their respective craft, trade or profession. These livery companies play a significant part in the life of the City of London, not least by providing charitable-giving and networking opportunities. Liverymen retain voting rights for the senior civic offices, such as the Lord Mayor, Sheriffs and Corporation, its ancient municipal authority with extensive local government powers.
The Worshipful Company of Mercers is the premier Livery Company of the City of London and ranks first in the order of precedence of the Companies. It is the first of the Great Twelve City Livery Companies. Although of even older origin, the company was incorporated under a Royal Charter in 1394, the company's earliest extant Charter. The company's aim was to act as a trade association for general merchants, and especially for exporters of wool and importers of velvet, silk and other luxurious fabrics (mercers). By the 16th century many members of the company had lost any connection with the original trade. Today, the Company exists primarily as a charitable institution, supporting a variety of causes. The company's motto is Honor Deo, Latin for "Honour to God".
The Worshipful Company of Drapers is one of the 110 livery companies of the City of London. It has the formal name The Master and Wardens and Brethren and Sisters of the Guild or Fraternity of the Blessed Mary the Virgin of the Mystery of Drapers of the City of London. More usually known simply as the Drapers' Company, it is one of the historic Great Twelve Livery Companies and was founded during the Middle Ages.
The Worshipful Company of Ironmongers is one of the Great Twelve livery companies of the City of London, incorporated under a Royal Charter in 1463.
The Worshipful Company of Pewterers is one of the 110 Livery Companies of the City of London. It ranks 16th in the order of precedence of City Livery Companies and has existed since at least 1348. Like all the other City Livery Companies, the Worshipful Company of Pewterers has four main pillars of activity: Charitable endeavour, assistance to education, support for its trade and profession, and being a convivial and caring social community.
The Worshipful Company of Armourers and Brasiers is one of the livery companies of the City of London. The Armourers' Guild was established in 1322; it received a royal charter in 1453. Other companies, including the Armour Repairers, merged with the Armourers. In 1708, brass workers joined the company, which was renamed as the Armourers' and Brasiers' Company. The company does support the metallurgy industry, but does not retain a close association with its original trade, as is the case with a majority of livery companies. It exists primarily as a charitable establishment.
The Worshipful Company of Tallow Chandlers is one of the ancient livery companies of the City of London. The organisation, which engaged not only in tallow candle making but also in the trade of oils, first received a Royal Charter in 1462.
The Worshipful Company of Cordwainers is one of the Livery Companies of the City of London. Cordwainers were workers in fine leather; the Company gets its name from "cordwain" (cordovan), the white leather produced from goatskin in Cordova, Spain. All fine leather makers, including Girdlers and Glovers, were originally classified as cordwainers; however, the term eventually came to refer only to fine leather footwear, including boots.
The Worshipful Company of Carpenters is a livery company of the City of London. The Carpenters were traditionally different from a fellow wood-crafting company, the Worshipful Company of Joiners and Ceilers, in that carpenters utilised nails while joiners used adhesives to attach wood.
The Worshipful Company of Bowyers is one of the livery companies of the City of London.
The Honourable Company of Air Pilots, formerly the Guild of Air Pilots and Air Navigators (GAPAN), is one of the Livery Companies of the City of London. The Company was founded in 1929, and became a Livery Company in 1956. Elizabeth II granted Honourable status to the company in February 2014. Philip, Duke of Edinburgh, formally presented the royal charter to the master of the company, Tudor Owen, at a banquet held at the London Guildhall on 19 February 2014.
The Worshipful Company of Chartered Accountants in England and Wales is one of the livery companies of the City of London. The organisation became a livery company in 1977. The Company promotes "honourable practice" of accounting and awards prizes to students in the field. It also supports general charities. The company ranks eighty-sixth in the order of precedence for livery companies. Its motto is True and Fair.
The Worshipful Company of Builders Merchants is one of the Livery Companies of the City of London. The organisation, founded in 1961, became a Livery Company in 1977. The Company promotes the profession by awarding grants to institutions related to building.
The Worshipful Company of Actuaries is one of the livery companies of the City of London. The company was founded and became a livery company in 1979, on the same day as the Insurers' Company. The company supports the actuarial profession by awarding scholarships in the field.
The Worshipful Company of Insurers is one of the 110 Livery Companies of the City of London. It ranks 92nd in the City Livery Companies' order of precedence. Its motto is Omnium Defensor, Latin for Protector of All and its church is St Lawrence Jewry.
The Worshipful Company of Arbitrators is 93rd in the order of precedence of the livery companies of the City of London. The organisation formally became a livery company on 17 March 1981. The company supports education in the field of arbitration. It also functions as a charitable institution. Its motto is Law and Custom, and its church is St Mary-le-Bow.
The Worshipful Company of Water Conservators is one of the Livery Companies of the City of London.
The Worshipful Company of Management Consultants is one of the Livery Companies of the City of London. It draws its memberships from practising management consultants and has close links to the Management Consultancies Association and the Institute of Management Consultancy. The Company's motto is 'Change through Wisdom'.
The Worshipful Company of Firefighters is one of the 110 livery companies of the City of London. The Company's aim is to promote the development and advancement of the science, art and the practice of firefighting, fire prevention and life safety. It operates essentially as a charitable organisation, and also encourages professionalism and the exchange of information between members and others who work in allied fields.
In the Middle Ages or 16th and 17th centuries, a cloth merchant was one who owned or ran a cloth manufacturing or wholesale import or export business. A cloth merchant might additionally own a number of draper's shops. Cloth was extremely expensive and cloth merchants were often very wealthy. A number of Europe's leading banking dynasties such as Medici and Berenberg built their original fortunes as cloth merchants.
