The Story of Malcolm Jones, his early years at KEF and the birth of Falcon Acoustics.
Falcon Acoustics 1972
Falcon was founded in 1972 as Falcon Electronics by the first employee (1961) at KEF Electronics Ltd., Malcolm Jones. As Senior Development Engineer Malcolm did most of the design and development of the legendary KEF drive units - the B139, B200, B110, T15, T27 and the systems in which they were incorporated. He left KEF in 1974 having just completed the famous Reference Series 104 system and work on an active professional monitor to work full time at Falcon Acoustics Ltd.

And now in Malcolm’s own words….
Falcon was conceived in 1972 at one of the Heathrow Audio Fairs that I was attending. At a late night after-show 'relaxing' session, and after a few relaxers talk got onto money, where it became clear that a newish sales person was earning £1000 p.a. more than me and had a company car. This was just about the time of the best-selling Reference Series104. How hard was it to sell that?
At Audio Fairs I always had people asking where to buy capacitors, inductors and other bits of DIY speaker items, but unless they were items used by KEF in production, they were not available. It’s still the same now every time Falcon is at a Show.
While at KEF, I had designed self-bonding inductors as we had repeated cases of speakers coming back as faulty due to the ferrite cores falling out of the bobbins. This became worse when we changed from paper to plastic bobbins. Self-bonding involved a controlled heating up and softening of the insulating enamel round the wire and then letting it set solid. KEF however was not interested in taking this idea up for production.
I initially used the old hand coil winding machine bought to wind the first KEF voice coils in 1961, and being unsure of the strength of the bonding they were at first epoxy coated after the bonding process. To help curing, I used a couple of bare wires connected to a transformer for nominal safety and after dipping in epoxy, hung them over the wires. The heat from the wires speeded up the curing process. Any excess epoxy dripped down onto newspaper. After a few months, and as production increased, the epoxy was dropped as tests proved that the basic bonding was more than adequate. It was a lot safer too!
KEF’s coil supplier was having problems winding the Reference Series104 main LF coil. This was a tapped inductor wound with 21swg (0.9mm) wire on a ½” ferrite core. At KEF’s request, Falcon wound the first 100 which were self-bonded, but KEF still wanted them wrapped in PVC tape. KEF’s later inductors were taped after winding and then dipped in adhesive to prevent unravelling. I was sure self-bond was easier to make, better acoustically and more permanent. I had naturally told Raymond (Cooke) that I had started Falcon Acoustics, and being the astute business man he was, he altered the KEF technical enquiry routine. Up to that time I had spent part of Fridays answering the enquiries that Sales were unable to deal with. After Falcon the letters (these were the days before fax and emails) were separated into those that KEF (i.e. me) could answer and help with, and the rest were given to me to answer at home as Falcon. This worked really well, Falcon got sales from the KEF enquiries and KEF regained productive time from me. This kept both sets of customers happy.
Although Falcon Acoustics had been initially formed to supply the retail DIY market with a range of components and items needed for repairing and building a speaker system, the main advance and technical break-through was the production of Self-bonded Ferrite Cored Inductors to individual customers requirements.
Falcon grew rapidly, then LNB, an old KEF customer, asked if we would wind some inductors for them. Another manufacturer asked, and Falcon continued to quickly expand with both manufacturer and retail orders.
By 1974, it became obvious to me that it was impossible to carry on with both jobs. As the Reference 104 systems I designed were doing really well I thought that I would be able get another job in the speaker industry if Falcon did not succeed. So having talked it through again with Raymond I left KEF to concentrate exclusively on Falcon Acoustics.

The technical break-through of self-bonding inductors and ready availability from Falcon Acoustics of a comprehensive range of capacitors and other components made it possible for the first time for designers outside the main companies to design systems using units from differing manufacturers. This led to a spate of Hi-Fi Magazine speaker designs in the 70's (available as reference documents in the Falcon Archive).
One of the most popular systems to be designed by Falcon was the Tabor, which was supplied as a kit in many countries and made as commercial systems by 3 companies - with minor modifications. Many thousands were supplied over the years. Falcon also took over Nightingale Acoustics in 1978 and whilst keeping production of the NM1 for a while, brought out a new range:- NM3, NM pt.5, Llyric and Enigma. These went on to be produced as MkII models.
During the 1980’s and 1990’s Falcon wound hundreds of thousands of inductors each year for UK and International customers. Many of Europe's well known speaker systems used Falcon Inductors. At one time over 80% of UK manufacturers used Falcon inductors.
The DIY retail/mail-order side supplied and continues to supply almost everything needed to build a range of high-quality loudspeakers.
© Malcom Jones 2025
Falcon Acoustics is a classic example of a small innovative family business starting off in this case with Valerie and Malcolm Jones as directors, and working hard to make a success of their business. Working like many in those days initially from a kitchen table, Falcon Acoustics expansion meant moving from Bexhill in Sussex to Mulbarton in 1976, although Falcon’s retail shop was still kept going until Wilf Harms (Falcon’s manager there) retired in 1980. Falcon moved again in 2003 to Acle, a small town halfway between Norwich and Gt. Yarmouth.
Valerie became very ill after retiring in 2006 and sadly died on 1st June 2008. After trading as Falcon Acoustics for some time Malcolm finally fully retired in 2009 and transferred Falcon to Jerry Bloomfield near Oxford.
Since then Falcon has expanded, and become well known not only for its continuing service to OEM and DIY customers, but now as the largest UK supplier of drive units, the manufacturer of internationally renowned loudspeaker systems such as the award-winning Falcon Acoustics LS3/5a, including replacement Falcon/KEF drive units, all of which are sold through an extensive international Distribution and Dealer network.
And what about Malcolm? We’re delighted to report to his very many friends in the business that Malcolm still carries on his long association with Falcon as Technical Consultant and fount of wisdom.

