I shoot with an older gentleman who owns a Woodward boxlock. Not sure when it was made but it is definatly a Webly and Scott action. I would say the engraving is on par with a WS gun. In other words not all that well done. In fact the gun I am speaking of was once featured in Shooting Sportsman and the article re-counted the restoration on the gun. He (my friend) bought the gun years after the fact. G&H had a 20 bore Woodward boxlock for sale and there are two on GI at this time.
I would guess that any Woodward boxlocks likely weren't made by Woodward--as suggested above. Probably made "in the trade". Maybe finished by Woodward, maybe not.
I suppose like the Holland & Holland boxlocks marked regulated by H&H. Karl
H&H eventually purchased W&C Scott (1985), although that relationship lasted for less than 5 years. But that did permit H&H to put some nice boxlocks on the market, before H&H itself was purchased by Chanel in 1989.
Karl--They made some improvements over the basic Model 700. But prices did take a jump. Somewhat like what's happened to the Spanish gun trade recently. At which point a lot of people start looking hard at the used market.