The yard is one of the oldest named shipbuilders in Bristol, as Lloyd's of London did not publish their lists before 1764, and Statutory Registers did not begin until 1786.
Francis Baylie's first recorded navy orders resulted from Parliament approval on 28 September 1652 for a fourth rate during the Commonwealth of England period.
Baylie's shipyard was located in The Marsh, now predominantly laid out as the Georgian Queen Square, at an area known as 'The Gibb' or 'Gibb Taylor', a point of land which used to extend from Narrow Quay at Prince Street on the River Frome.
The Speedwell, built at 'Gib Taylour' and assumed to be Baylie's, also had an unfortunate launching on 1 November 1663 when four boys and men on board drowned during the process.
Gibb Taylor itself continued to see shipbuilding until the early 18th century, when it was closed in order to extend the quays and provide additional wharves for cargo.