Third successful claim of £52k for bakery business brings their claim total to £82k
An Oxfordshire bakery has more than doubled their total claim after being awarded an additional £52k for their R&D work. The firm specialises in supplying own label bakery products to leading supermarkets and wholesalers. The company offers a wide range of pioneering range of products and processes.
R&D is integral to the operation of the business, playing a major role both in the test kitchen and production floor. The company also heavily relies on R&D during the testing and trialling process.
Nottingham based business is awarded a further £27K in R&D Tax Credits making their total claim to date £97K
The company high performance sportswear and is motivated by innovation.
The implementation of R&D allows the company to work closely with progressive sports technologies and leading sports universities to develop and test fabrics and garments for optimum performance and recovery.
The company has undertaken R&D projects to win and satisfy customer needs and wants through technological breakthroughs.
A first claim for this SME worth £33K
A well-established visualisation studio based in London has been awarded £33k for their R&D work.
The company works with the client’s in the architectural industry in order to develop their concepts into a visual reality from planning through to marketing.
The company offers bespoke visuals through a tailored approach for each client. The company uses R&D to innovative solutions and problem solving and pushing through technological barriers.
A first claim worth £14.7K for electronics business
The company is at the forefront of electronics interconnection technology.
The company operates within a wide range of sectors. The majority of the company’s research is within the medical sector particularly enhance medical devices.
The company implements high levels of R&D in order to provide customised cabling solutions. The business has undertaken many R&D projects that have required bespoke solutions through intense trialling and problem solving and satisfying customer wants and needs through technological breakthroughs.
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!