George Formby plays George Gullip, a Daily Suncompositor who wins a large sum at the races. He collects three ten-pound notes but, unable to spend them at the bar, exchanges them for six five-pound notes, which turn out to be counterfeit. Gullip is determined to find the criminals and in so doing goes "undercover" as a waiter and a wrestler, before various clues suggest the villain is Gullip's own boss at the newspaper.[4]
TV Guide found the film an "enjoyable Formby vehicle".[3]Sky Movies wrote, "the fun is as fast and furious in this incident-packed George Formby romp as in any film he made...Receipts foamed over at box-offices throughout Britain."[5]