Small folk for whom plain suit ill tailored (12)

I believe the answer is:

lilliputians

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'small folk for whom' is the definition.
I can't tell whether this defines the answer.

'plain suit ill tailored' is the wordplay.
'tailored' is an anagram indicator (the letters are customised ).
'plain'+'suit'+'ill'='plainsuitill'
'plainsuitill' anagrammed gives 'LILLIPUTIANS'.

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(Another definition for lilliputians that I've seen is " miniature race".)

I've seen this clue in The Times.

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