R and d presentation

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Dr. Roy Taylor Managing Director Malthouse Engineering R and D tax credits and KTPS

Transcript of R and d presentation

Page 1: R and d presentation

Dr. Roy Taylor

Managing DirectorMalthouse Engineering

R and D tax credits and KTPS

Page 2: R and d presentation

Malthouse Engineering

• UKs largest independent steel profiling group

• 14 trading styles

• Over 150 employees

• 5 sites across UK

• Culture of innovation (suggestion scheme)

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R and D Tax Credits• We have been working with Darren Glover for

over 3 years

• In that time we have submitted a number of successful claims

• 2008-2009 - £190,000

• 09-10 - £53,000

• 10-11 – still in progress

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What is a claimable project?• A claimable project must be unique and cutting

edge

• Project where something is being patented

• Rain water harvesting was not accepted not cutting edge

• Website development and online marketing not unique enough

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Reinvesting• Monies reclaimed have been

ring fenced for investment and development opportunities

• A retrofitted conveyor system has recently been patented. This allows us to continually scrape dross and profile put from a cutting bed without the need to stop production

• Knowledge Transfer Partnerships

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KTPs• Two so far, one from BCU

one from University of Wolverhampton

• BCU KTP was aimed at the development of the sales database and improvement of IT

• The UoW KTP was aimed at the development of the groups marketing

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Benefits of KTPs

• In addition to the graduates there are other significant benefits

• Access to university resources such as research

• Access to students at the university

• Access to academics within the University

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Thoughts or Questions?

For more please visit

www.MalthouseEngineering.com

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