Third Time Lucky" was released in February 1931 and was the first film to star Bobby Howes in a leading role. Based on a play by Arnold Ridley, who also wrote "The Ghost Train", and later went on to star in "Dad's Army", "Third time lucky" tells the story of a timid parson (Howes) who steps in to protect his ward from blackmail at the hands of Garry Marsh and Gordon Harker.

Alex St. George, a young RFC pilot, is anxious about fighting in the First World War. He is comforted by sensitive shop assistant Kitty, and the two fall in love, marrying before Alex is sent to the front. But his snobbish mother disapproves of the match, and when Alex returns home paralysed and in a cataleptic state, Mrs. St. George plots to keep him from his wife until she can arrange an annulment. But the determined Kitty has plans of her own....

After a chance train encounter with Laurence Knight, Tom Blake's family's fortunes prosper on the beneficence of the great financier. A developing friendship leads to the Knights selling their home to the Blakes when they move back to London. All looks rosy for the Blakes as share prices in Mr Knight's new business venture soar, but is their confidence misplaced?

A man who thinks he killed a millionaire is cared for by a Cockney girl and becomes a composer.