Lancashire based business is awarded £128.1K for R&D work making their total to date £940K
The Lancashire based manufacturer specialises all aspects of electrical switchgears.
The company’s in-house R&D team work on challenging retrofit solutions for obsolete circuit breakers and switchboards. Due to the nature of the company all work requires an aspect of R&D. Their R&D techniques include achieving bespoke solutions through intense trialling and problem solving.
A recent claim of £12.8K is awarded to manufacturer bring their total claim to £183.7K
The manufacturer specialises in high-quality melamine products and dry wipe magnetic boards, from their factory in Lincolnshire.
The innovative eco-friendly approach, such as using sustainably sourced glass, has required extensive R&D work. They have researched modifications to equipment and have trialled alternative materials to achieve this. Their R&D projects have been to further develop their production capabilities which have required innovative solutions, problem solving and a high degree of trialling and testing and samples.
Yorkshire based firm receives a cash award of £13.4K making their total claim to date £66.8K
This Hull based firm remains a family-owned company that specialises in working with sheeted metal in thicknesses up to 5mm.The majority of the company’s clients operate within the manufacturing sector especially the construction and technology fields.
The company work closely with their customers to develop bespoke solutions and it continually invests in a modern workplace so it can produce cutting- edge work.
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.
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