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New office move sees randd invest in the future

New office move sees randd invest in the future

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randd UK, the Derbyshire-based R&D Tax Credits specialist, has relocated from its offices in St Peter’s Courtyard to build on its recent growth and accommodate for future expansion as part of K3 Capital Group PLC.

The business has moved its operations to a new 3,200 sq ft space at Cardinal Square, which has recently undergone a custom fit out to comfortably accommodate randd’s office-based and hybrid working employees.

The move comes off the back of a record period for randd, which is now part of K3 Capital Group PLC’s Tax Division, as it recorded a circa 15% increase in revenues and a 33% increase in R&D Tax Credits claim numbers in its latest financial year.

Ryan Sian, Managing Director, commented on the move: “We are very excited to be relocating our business and employees to Cardinal Square, this is the next chapter of our growth story as we aim to cement our place as the UK’s leading R&D Tax Credits partner.

“We have recently made a number of strategic hires, with recruitment continuing into the new year, and we are particularly eager to expand our current team of associates to continue to deliver the best possible service to our current loyal client base and those we aim to partner with in the future.

“The events of the past 21 months have heralded some significant changes in the way we work as team at randd, and the demands that we place on our working environment have changed considerably and for the positive. This new space provides a more productive working environment for our expert team, and everyone is eager to hit the ground running.”

In June 2020, randd was acquired by multi-disciplinary professional services firm, K3 Capital Group PLC and became the foundation of which its newly established Tax Division is built around. K3 now operates out of 22 offices in the UK and overseas, providing M&A, Tax and Restructuring Advisory services to SMEs.