St. Helens, Merseyside.

Raising Funds for Businesses

Mechanical Engineering

Mechanical Engineering

The world of recreational motorsports is more accessible than ever, with many companies striving to stand out while ensuring user peace of mind.

A recent example involved a company that undertook activities qualifying as R&D after identifying a problem affecting engine longevity, potentially posing safety risks. The company initiated efforts to resolve this issue without compromising the product’s performance or usability.

They began by developing prototypes and recreating environments that mimicked typical usage conditions. Although they devised a solution, it proved impractical due to the weight of the mechanism.

Enabling Innovation

Further testing and material changes revealed additional issues impacting the product’s longevity, expanding the project to address all initially identified problems.

While the company has not yet resolved the initial issue, it continues to work on overcoming these uncertainties.

The R&D tax relief has been instrumental in supporting their ongoing efforts, enabling them to reinvest and maintain their position as innovators in the industry.

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