Absolutely.
JW Young pattern 1,. 1925.
not even the forger's metal punch set was made in Alnwick, but it was once a pretty nice lead-finished Redditch reel.
They left out the "L", which goes right before the "Y"
If you ever see the white erinoid handle on an actual Hardy, they only used it in 1924 and '25.
For those ugly rivets, be warned, somebody has been schtupping with the insides on that reel.
This is a later pattern 1c with agate guard, but you can see the workmanship from Redditch
and again at work
Here's a pattern 1, 3-1/2" (MW) size, though c. 1940.
There's a brass spring thrust washer at the spindle base - these are usually missing or mashed into the spindle