Over five years, an engineering company receive £282,000 in R&D tax credits with the latest claim of £47,000. The company develops and produces gears and splines on components to aerospace standards that enable engine and airframe OEM to achieve the light weighting and power usage efficiencies.
Acquiring a reputation for exceptional quality, the company constantly seek opportunities to invest in the research and development of new materials, technologies and manufacturing process. A loyal workforce of highly skilled engineers implement lean-manufacturing principles and integrate new machine tooling systems. Research and development is vital for responding to the constant requirement for improved performance, faster delivery times and competitive cost, better-faster-cheaper which can only be achieved through the pursuit of technological advancement.