
Shreddies is a breakfast cereal produced from shredded wheat, made from lattices of wholegrain wheat. ==Manufacture== In the United Kingdom, the cereal was first produced by Nabisco`s former UK division but is now made by Cereal Partners under the Nestlé brand at Welwyn Garden City. The factory opened in 1926. It began making Shreddies in 1953. ....
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http://en.wikipedia.org/wiki/Shreddies

Shreddies is British slang for revolting, tatty, shredded underwear.
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http://www.probertencyclopaedia.com/browse/ZSA.HTM
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