Find out how FGP Systems were able to optimise their previous R&D Tax Credits claim with Leyton.
It is so helpful to work with a consultancy that takes the effort out of the process, especially in the current climate, we wouldn’t want to spend days working on our R&D Tax claim. To have Leyton come in and sort it for us made a massive difference.
FGP Systems is a precision engineering company offering high-end engineered and manufactured solutions for the aerospace industry and other sectors. We are continually looking at new product investment and new processes which involve a lot of R&D. The R&D tax credits claim is key to a lot of the work that we do, it definitely influences the type of work we pick up as a business.
Were you aware of the scheme before working with Leyton?
To be honest Leyton were our knight in shining armour, we had claimed previously with a different R&D Tax Credits provider and the value of our annual claim went from £125k to £800k (over 2 years) with Leyton. Leyton had tech professionals who understood what we were talking about, the business we previously claimed with had no manufacturing experience and didn’t understand our projects. If I compare the claims process with Leyton to our claim with our previous provider, the difference is huge. In terms of man hours, I would estimate it took around a 1 month of effort previously compared to 2 days with Leyton.
We had a kick off meeting (1-2hours) to discuss what we can claim, our teams then went away and collated the data Leyton needed (2-3 hours) we put all this in one doc and sent it to Leyton. After this, the Leyton team got in touch with the relevant people in the business to speak to them in more detail about certain projects. Realistically it took 2 days collating the relevant information with Leyton, it really wasn’t labour intensive. Leyton make it such an easy process. With Leyton you have that reliability and expertise to know your claim will explore all possible qualifying activity.
How would you rate the quality of the consulting team you engaged with at Leyton?
They were very good, the best thing for our team is that in manufacturing it sometimes feels like you are fighting fires all the time during COVID. The Leyton team were very patient with us, they took the time to explain the process, they didn’t get frustrated, they went through it with us, nothing seemed too much trouble for them and they fitted right in with the team.
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