Runnymede wanted to make improvements to the technology in their wine cellar fans. They sought to make the product more efficient all-round, in particular how it operates in extreme temperatures.
The Director, Alexandra, and her team had to test all of the various components, in different sizes, under different conditions, temperatures and humidity to find a mix that would achieve their aims. There is a need for Runnymede to continuously create prototypes to perfect and improve their product offering.
Runnymede were introduced to Easy R&D by their business coach, who noticed that Alex’s team were doing R&D activity that they could be rewarded for.
"The process to submit a claim was much easier than expected. Prior to engaging Easy R&D, we had mentioned to our accountant who advised it would be complicated and didn’t support it because the reward would not be worth the effort."
Our R&D tax consultant, Annalise Cowlishaw, met with Alex and outlined the entire process and ensured Runnymede were kept informed every step of the way. Annalise was able to identify multiple projects at Runnymede that would be considered as eligible by HMRC, not just the wine-cellar fan improvement thus optimising their potential tax credit.
We invite you to join us for a free exploratory call to find out whether your business may be eligible to make a very substantial claim for this year and previous financial periods
We look forward to seeing how we can help you and your business to be better off - just like Runnymede Response.
If you’re a small to medium company in the UK, you could also be claiming back up to £33 on every £100 spent on R&D. The work you do that qualifies for the R&D tax credits scheme — often embedded in the day-to-day running of your business — may surprise you.Get in touch
Find out what our clients and partners have to say about the R&D tax relief experience and how we’ve helped them.