LEAK is the brand name for high-fidelity audio equipment made by H. J. Leak & Co. Ltd, of London, England. The company was founded in 1934 by Harold Joseph Leak and was sold to the Rank Organisation in January 1969. During the 1950s and 60s, the company produced high-quality amplifiers, radio tuners, loudspeakers (the LEAK Sandwich), pickups, arms and a turntable. The sale of the business to Rank saw an expanded range of models, and considerable further development of loudspeakers, but Rank was not able position the brand to counter competition from Japanese electronics manufacturers, so by the late 1970s electronics and speaker production ceased under the LEAK name.
During the latter part of the Second World War, the company started developing amplifiers that made extensive use of negative feedback to achieve very high performance. This approach had been invented by Harold Black of Bell Telephone Laboratories in 1934, but it was slow to emerge as popular method for controlling amplifier performance.
In 1948, the original four-stage circuit was replaced with a three-stage design that was designated the TL/12. This amplifier had the same high performance at reduced cost, and it was responsible for establishing and securing the future of the company as a dominant player in the "hi-fi" boom of the 1950s and 60s.
Subsequent amplifiers from the company all used the same circuit topology as the TL/12, but took advantage of newer more efficient power valves and the so-called "ultra-linear" connection of the output stage to obtain higher power output with triode-like characteristics. These amplifiers included the TL/10, TL/25, TL/12-Plus, TL/25-Plus, TL/50-Plus, and the Stereo 20, Stereo 50 and Stereo 60.