In developing our business, to provide high speed devices for fibre-optics systems at the limit of technology today, u2t Photonics UK has needed to have a tight rein on the financial management of the company while we are focused on the technical and business challenges.
For financial support at u2t, we have relied on Armstrong Watson to provide sound financial advice but also more practical help where, for example, they have taken tasks on to allow us to get on with our main job. Responses to questions have been dealt with in an accurate and extremely timely manner which is important in a small technology business. At an early stage in the life cycle of a company it is particularly important that the development costs are well managed. Armstrong Watson educated us on the options for managing our tax affairs and ensured we made the most of tax measures which support small and medium sized enterprises. This most especially applies to the use of the tax credit offer from government which allows us to keep tight controls on our R&D costs.
In summary we have been delighted with the support, interaction and responsiveness which we experienced with Armstrong Watson, right from our first engagement with them four years ago.
Steve Clements
Managing Director, U2T Photonics UK Ltd