Allegedly carry markings saying "Made by I.Wield of Shrewsbury August 1932 -March 1936", could this 5" x 24" lathe be a home-made example constructed over the period stated? While it looks to be of conventional design, it does have a number of unexplained features and is mounted on a stand together with a drill press (marked "Union A1), a saw bench and a grinding wheel - all of which appear to be of contemporary manufacture.
Powered from a neatly-installed under-drive system, the initial drive is by a flat belt that passes over a  "fast-and-loose" pulley, this acting as the input to a V-belt countershaft behind the headstock. This arrangement, with one pulley fastened permanently to its supporting shaft while the other is free to rotate upon it, allows a belt striker - which appears to be missing on the machine shown - to flick the belt from pulley to pulley, so allowing the operator to stop and start the spindle at will.
Screwcutting and backgeared, with the engagement lever for the latter on the front of the headstock, the lathe has what appears to be an unusual headstock cover, hinged along its longitudinal centre line and formed so as to make a useful tool tray.
Unusually wide, the cross slide covers its feed screw and carries a top slide with a top casting sporting two cross-head screws fixed along its front edge - their function almost certainly being to hold in place "gib blocks" rather than the more usual gib strips with their horizontal adjustment screws. Although gib blocks - as fitted to Myford Super 7 lathes - impart more rigidity to the slide, adjusting them is a nightmare. While the toolpost clamp is of the simple "levelling" kind with a supporting screw at the rear, it is unusually long, again, an odd departure from the usual arrangement.
Fitted with reduction gearing, the carriage handwheel appears to drive onto the leadscrew instead of a bed-mounted rack, in the same manner as found on the Myford ML10.
The tailstock, with its open space beneath the spindle line, is probably adapted from an older lathe where that design was more often found.
Almost certainly threaded 8 t.p.i., does the leadscrew have an auxiliary support bracket below the headstock?
Shrewsbury was the home of the Sentinel Waggon Works and Atlas Foundry - together with several other engineering companies - so there is every chance that this lathe was one of those famous "night-shift specials".