News Bulletin: 13/08/2018
Referral sees West Midlands firm secure £32K
A steel fabricator from the West Midlands was introduced to randd uk via another successful client and, despite the company initially feeling their R&D work was minimal, they were delighted to find out that much of what they did was qualifying development work, and a first claim of £32k was greeted with great enthusiasm.
Further success for Hertfordshire company
Pipe technology developments transported another £37k to a Hertfordshire company. randd uk has now led this innovative company to £163,000 worth of successful claims over the years. Developments in oil & gas, marine and underground all contributed to the latest successful claim.
First claim success for South Yorkshire-based tool developer
A South Yorkshire-based compressed air powered tool developer has received just under £21,000 from its first R&D Tax Credits claim. They heard about randd uk and the scheme from their neighbours on the Industrial Estate, and asked us to handle their claim. randd uk drilled into their business and hammered home the necessary submission; no need for a clear the air meeting as the client was delighted with the outcome!
£108K more for Kent client
randd uk has secured another R&D tax credit claim for £108k for a company based in Kent. The company is a high-end engineering manufacturing business providing precision products, assemblies and design services to high technology sectors including: aerospace, defence, security, telecommunications, Formula 1 and specialist automotive (such as McLaren road cars). Their services include: design development; state-of-the-art 5-axis CNC machining; fine limit sheet metalwork; mechanical assembly and inspection. Total now claimed is £262k.
£38K for Devon client
randd uk has delivered another R&D tax credit claim for nearly £6 k for a software development company based in Devon. The company is a specialist in systematic innovation processes. Total claimed to date is in excess of £38K.
Northamptonshire company receives nearly £50K
randd uk has secured another R&D tax credit claim for almost £50k for a company based in Northamptonshire. The company provides specialised precision components to the Agricultural, Automotive, Medical, Nuclear, Catering and Commercial markets. Specialisms in their R&D activities include sports motorbikes and cars, agricultural and HGV vehicle equipment.
£80K for Derbyshire client
randd uk has secured another R&D tax credit claim for £80k for a company based in Derbyshire. The company is involved in the development of many major aero-engine programmes for both Civil/and Military applications. The company’s expertise lies in the production of value added complex fabricated and machined assemblies. Founded upon a niche specialism of producing low volume legacy components they have now progressed to include volume production of components and assemblies. Total claimed is now £245k.
Nottinghamshire client receives a further £99k
randd uk has delivered another R&D tax credit claim for £99k for a company based in Nottinghamshire. The company delivers high quality, reliable and cost effective engineering solutions, specialising in bespoke design and construction of water, energy and environmental processing and management projects. The business is structured into four main divisions, Fabrications, Water Control, Site Services and Environmental. Total claimed to date: £277k.
£402k for Northumberland client
randd has secured another R&D tax credit claim for £90k for a company based in Northumberland. The company specialises in producing roof lights for major public buildings; schools, local government buildings, shopping malls, sports stadia and more recently large retail establishments. Total claimed £402k.
Nearly £500k for Warwickshire client
randd uk has secured another successful R&D tax credit claim for £187k for a company based in Warwickshire. The company specialises in high quality precision machining for the Aerospace, Automotive, Power, Marine and Petrochemical Industries. They specialise in designing, developing and manufacturing extremely complex, large aero-engine ring sections and associated jigs and fixtures for modern aircraft jet engine assemblies. The total randd uk has now claimed for this client is £467k.
Six-figure return for a Shropshire-based company
An award of over £115,000 has gone to a Shropshire-based engineering services company. The six-figure return is typical of the previous claims handled successfully by randd uk and the company has now received in the region of £0.5m from the scheme. Many of this year’s developments were in the rail industry, showing that the company’s partnership with randd uk is well and truly on the rails.
£12K and counting for family-owned engineering firm
A family-owned engineering company from Bedfordshire, turning over only £160,000, has been awarded over £5700 for its latest R&D Tax Credits claim. Add that to last year’s claim worth over £12,000 and the rewards for this small company’s innovative development work is clearly significant. randd uk is happy to work with extremely large companies, as well as very small ones.
Small Lancashire company receives £11K
randd has secured another R&D tax credit claim for just over £11k for a company based in Lancashire. The company is a leading supplier of high quality, precision performance products to public utility organisations around the world. They have expert knowledge of pressure recorders, flow gauges, flow and pressure test kits, pumps and dosing units, as well as test equipment and ancillary products making them the first port of call for utility specifiers.
London-based client receives £296K
randd has delivered another successful R&D tax credit claim for £89k for a company based in London, bringing their total now claimed to a massive £296k. The company is involved in the development and manufacturing of highly-specialised and high-performance paints and varnishes, in response to demands from a wide-variety of trade clients.
£28k for a South Yorkshire client
randd uk has secured another R&D tax credit claim for almost £28k for a company based in South Yorkshire. The company is a leading manufacturer and supplier for aftermarket coil springs, leaf springs, racing springs and complete chassis suspensions. Their specialist products and processes include:
- The highest quality chrome vanadium and silicon chrome alloy steels.
- Carefully controlled shot peening process, which significantly increases the fatigue life of the spring.
- Phosphate coating to protect the spring steel from corrosion.
- Tough, epoxy powder coating protects the underlying spring steel from mechanical damage
Over £200k for Midlands-based client
randd uk assists their client to another cash award of nearly £100k. This came in on New Year’s Eve as it happens, so the directors of the company had a Happy New Year’s Eve party indeed! This Midlands-based company develops and manufactures specialist casings and solutions for use across a wide-range of industries; such as flight cases, plastic & aluminium cases, aerospace, audio & visual and sports & leisure goods. The company has benefitted by the R&D tax credit scheme to the tune of over £200k to date.