Helping businesses secure and maximise R&D tax credits and grants

Testimonials

Cleaver Scientific Ltd

Until Myriad Associates approached us we had never heard about the HMRC R&D Tax Relief Scheme.

Adie Cleaver
Managing Director, Cleaver Scientific Ltd

Cleaver Scientific is a UK based electrophoresis equipment supplier who provide premium and technically enhanced high specification, low cost electrophoresis equipment for the world market.

Company: Cleaver Scientific Ltd
Sector: Manufacturing Industry
Eligible R&D Project Value: -
Location: Rugby, Warwickshire
Number of Employees: -
Website: www.cleaverscientific.com

The opportunity

Cleaver Scientific are constantly looking to develop and expand their range of electrophoresis equipment. They have undertaken a number of development projects which were technically challenging and had not previously made an R&D tax credits claim. The Company has made significant investments into people, materials and fixed assets to support these projects.

The process

Myriad Associates undertook a thorough review of all of Cleaver Scientific’s development projects and immediately identified considerable levels of eligible R&D activities that would be eligible for R&D tax credits.

Myriad Associates’ qualified Costs Accountants analysed Cleaver Scientific’s cost base which included data mining the payroll records so that the relevant data could be extracted.

Cleaver Scientific Electrophoresis Equipment

It was clear that Myriad Associates were not just very knowledgable about the R&D Tax Relief Scheme, they also made it their business to understand our technology, process and business costs model.

Adie Cleaver, Managing Director

The reward

The R&D tax credits claim was processed by HMRC within 4 weeks and Cleaver Scientific received a well-earned Corporation Tax refund covering the last two accounting periods.

Cleaver Scientific plans to re-invest their R&D tax credits refund back into the business to support on-going development activities.

We have peace of mind that future R&D Tax Relief claims will be fully optimised by a leading industry experienced R&D Tax Relief specialist.

Get in touch

Please contact us to discuss how working with Myriad Associates can maximise and secure R&D funding opportunities for your business.

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