A claim of £70,600 brings a firm’s total claim size to an impressive £1,150,000.
The business specialises in high quality precision engineering for the aerospace, automotive, power, marine and petrochemical industries. Constant communication with customers is key for this business, and as they undertake very complex work for their orders, they invest heavily into new technology.
They use R&D to continually push the boundaries of what is possible and to develop technological solutions. The company’s innovations also include using materials in new ways for new applications.
A claim of £11,800 brings a Sheffield business total claim size to £54,500.
The Sheffield-based business pride themselves on being market leaders in the audio-visual industry. While carrying out permanent solutions for their clients, the company also provide equipment and support for one-off events around the country.
The company utilises R&D to stay up to date with the most recent technological developments, which allows them to remain at the cutting edge of their sector. The R&D techniques they use include creating bespoke solutions which are developed through intense trialling and problem solving.
A claim of £52,900 brings a Lancashire company’s total claim size to £804,900.
The Lancashire-based company are an independent water treatment facility specialising in the design, development, manufacture, installation and commissioning of water treatment systems.
They have used R&D extensively to create advanced software systems and their highly qualified staff have built prototype machines.
A Yorkshire based company achieves a total claim size of £60,100.
The Yorkshire-based business are a manufacturing facility and workshop. Their facilities are complete with design, engineering and fabrications capabilities.
The company specialise in the production of high-quality equipment and the use of R&D to make bespoke solutions. In order to remain knowledge on the latest industry processes as well remain ahead of the competition, the firm must utilise innovation to test equipment.
Could you be eligible for an R&D Tax Credits claim?
During these turbulent economic times, businesses across the country are looking for solutions to their cash flow problems. Many companies are looking for grants and loans and overlook that fact they could be eligible for R&D Tax Credits. By successfully claiming R&D Tax Credits, your company could receive a cash injection from HMRC in as little as four weeks.
Call our experts today on 01332 477 070 for a free, no obligation eligibility consultation. Your business could be our next success story!