News Articles

We continue our series on R&D Tax relief with an article from our guest author,Mark Westwood of Jumpstart. He asks the question "Is the UK’s tech sector missing out on R&D tax relief?"

The UK’s technology sector is widely acknowledged as one of the fastest growing areas of the economy, with Prime Minister Theresa May describing it earlier this year as a "great British success story".

Image accompanying the article "Is the UK’s tech sector missing out on R&D tax relief?" The image asks 'How much is the average  R& D tax relief claim  for  Software Development?'

In the current economic climate, it’s still surprising that more businesses don’t explore all of the tax incentives available to help lighten the burden by either reducing tax payable and or if applicable, securing a tax repayment.

On Company Connecting we have more than 4,400 IT and telecoms companies, it’s likely that at least 50% of these companies are developing technology and so could be eligible for R&D tax credits. 

Tech picture accompanying the article An idiot’s guide to claiming R&D tax credits - providing information on the UK Government tax credits for Research and development

Last week Company Connecting provided information on the x number of companies registered between October 2014 and June 2017. The research established that only 11% of the registered companies were ‘real’ i.e. had a web presence. Almost 30% were already dissolved or dormant, and at least 20% were companies for contractors.

Picture of the graph on size of recent Scottish IT companies - part of the infographic for the article Infographic of Scottish IT and Telecoms companies formed between October 2014 and June 2017

In its recent research Company Connecting noticed a surge in the creation of IT and Telecoms companies in the Companies House data, combined with a high level of dissolved companies, and a corresponding reduction in the % of ‘real’ companies i.e. those which have a website rather than contractor companies. This article looks at the information on IT and Telecoms companie available from Companies House and the relationship with real companies.

Graph accompanying the article Are we creating too many technology companies? A look at Scottish It and Telecoms companies

At Company Connecting we are committed to maintaining the trust and confidence of our visitors to our web site. In particularly, we want you to know that Company Connecting is not in the business of selling, renting or trading email lists with other companies and businesses for marketing purposes.

Picture of a laptop and the words GDPR accompany the Company Connecting Privacy Policy

A Company Connecting one minute video which takes a look at the various factors that companies should consider when looking for technology companies.

An Image from the Company Connecting Define Search Match service accompanying the article: How do you take the risk out of  finding the right IT partners?

Company Connecting continues its series of Startup articles with a look at the tools it uses to manage its social media.  In the 11th start up article we asked “When should you start thinking about social media?”.

Hexagon containing icons for various social media channels accompanying the article "13 Tools to manage Social Media – Startup Series part 13"

Company Connecting has completed the work identifying the Scottish IT and telecoms companies dissolved between October 2014 and January 2018.  We have retained the information on our database as it provides interesting insights into the type and skills of companies that are dissolved. A few are taken over or merge with other companies but the vast majority cease trading.

 

Example of a company search for dissolved companies on Company COnnecting accompnying the article "An insight into dissolved IT and telecoms companies"

Company Connecting had several responses to a statistic we published on Linkedin on IT and telecoms companies in the Highlands and Islands Enterprise (HIE) area. We received comments and queries about the information we hold.

This latest infographic looks at different aspects of the 163 IT and telecoms companies in the HIE area, including a number of dissolved companies. Companies in the HIE are differ from the Scottish norm in areas such as size, skills and sectors they service.

Word cloud of the towns and cities with IT and telecoms companies in the Highlands and Islands Enterprise area for the article Technology Companies in the Highlands and Islands Enterprise (HIE) area

I enjoy silence, in fact I love silence, it is calming and a break from the over stimulation that comes with so many aspects of modern life.  I have always had an appreciation of solo activities, such as walking, swimming and just being out in nature. However, I reached a real awareness of the power of silence about eight months ago.  It started with my radio breaking.

Woman holding her finger to her lips to express silence accompanying the article "The Sound of Silence - Can you bear it? Startup series part 12"