 The final Pip & Squeak annual of 1939 incorporated Wilfred's Annual, which had ended the previous year, and is the rarest of the series due to low sales and poor quality paper being used.No annual was issued in 1940.The annuals continued the 1920s type of fairyland surrealism in their pages until the last annual, by which time other more popular annuals such as "Bobby Bear" and "Teddy Tail" were more contemporary, leaving this series appearing rather dated in comparison, meaning later years of Pip and Squeak annual and especially Wilfred's annual sold in smaller quantities.