Over five years (2013-2017), an engineering firm have received over £577,000 in R&D tax credits with the latest Reality Cheque for £155,000. The company develop and manufacture precision automotive components, specialising in casting and machining for the transport sector. Impressive clients include BMW, Nissan and Renault.
Research and development is carried out to take concepts through prototyping and design manufacture, to small, sample batches and on to volume production. To combat tough competition from Eastern Europe, the company have a manufacturing & research base in the UK, but have subcontractors in India. Bespoke, in-house solutions are created through intense trialling and problem solving. Cost-effective solutions are achieved to satisfy customer needs through technological breakthroughs.