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£578k awarded to four clients

Author: Gareth Smyth

Latest successful claim for this London based business makes their total claim to date £27.7k     

The company develops global security, compliance, payments and deposit system to meet increasing demand of the on-line financial sector.

The company provides a myriad of services including developing user identification in the most secure and reliable manner, utilising blockchain technology and cryptography whilst ensuring their work is compliant.

The company utilise extensive R&D to create the technology and have developed innovative ideas such as reconciliation screens to help minimise human error. The R&D techniques used were unique and targeted solutions through intense trialling and problem solving.

Latest successful claim of £48.3K brings this business’ total claim size to £269K 

Based in West Midlands this business provides high quality engineering solutions to the metal finishing and process automation industries.

The company specialises in the design, development, manufacture and installation of highly specialised bespoke paint finishing systems and their expertise and flexibility ensures they always respond to needs of customers.

R&D projects include testing new materials and processes for specific customer requirements and creating technological solutions.

First claim worth £262.6K for packaging company        

A manufacturing company that specialises in recycled and recyclable packaging solutions has been awarded £262.6K for their first claim.

The company produces bespoke durable products. The company operates with high levels of innovation which has been focused on becoming more environmentally friendly.

R&D has enabled the firm to achieve technological breakthroughs.

Derbyshire based business achieved a claim worth £18.3K

The company provides EPOS (electronic point of sales) and stock management systems for retail, wholesale, e-commerce and telephone order and has clients across the UK.

The focus of the company’s R&D is to offer continuous improvement programmes to ensure they offer competitive solutions to support their customers.

R&D has permitted the company to improve internal processes and solutions to help customers achieve their goals, improve efficiencies, reduce costs and improve services. The R&D techniques used include trials, prototypes, and problem solving.

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!