Pressed Steel Company Limited was a British car body manufacturing business founded at Cowley near Oxford in 1926 as a joint venture between William Morris, Budd Corporation of Philadelphia USA, which held the controlling interest, and a British / American bank J. Henry Schroder & Co. At that time the company was named The Pressed Steel Company of Great Britain Limited. It acquired Budd's patent rights and processes for use in the United Kingdom. Morris transferred his interest to his company, Morris Motors Limited.

Cowley is a residential and industrial area in Oxford, in the county of Oxfordshire, England. Cowley's neighbours are Rose Hill and Blackbird Leys to the south, Headington to the north and the villages of Horspath and Garsington across fields to the east. Internationally, Cowley is best known for its automotive industry - historically it was the home of the car manufacturer Morris, which has now evolved into Mini.