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£446k awarded to three clients

Author: Gareth Smyth

Manufacturing company is awarded £24k back from HMRC bringing their claim total to £93k.           

Established in 1998, this business manufactures a comprehensive range of communication devices including location and Bluetooth devices, development kits, and communication timing devices. The work involves the analysis of existing devices and problem solving and their innovations includes a new hardware server which enhances the capability to run products on particular virtual private networks. Projects such as these have required bespoke solutions through intense trialling and problem solving leading to the satisfaction of customer needs and technological breakthroughs.

A latest claim worth £41k brings this company’s claim total to £201k.                                                                                                            

Established in 1945, this business has been at the forefront of metal perforating technology and the manufacturing of perforated products for decades. Known for its high-quality products, innovative solutions and exceptional levels of customer service the firm has established itself as one of Europe’s leading perforators. As well as constantly exploring new materials, tooling developments and manufacturing processes and new machinery through trial and error. R&D has allowed them to develop software, machinery and processes through prototypes to reduce costs and improve efficiency.

Herefordshire business is awarded claim of £44.6k making their total to date £151.8k.

This business is the UK’s largest trade manufacturer of identity and promotional badges. This firm are a top choice for many leading British businesses as the bespoke nature of their products, choice and quality set them apart from competition. They have innovated software development to make ordering more efficient and have used R&D to lead innovation projects that required bespoke solutions and significant trial and error to achieve technological breakthroughs such as a new wood range. They have also prioritised creating new software and using new materials to become more sustainable and environmentally friendly.

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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!