West Midlands product design agency, Simple Design Works, has partnered with leading R&D tax consultancy Bonham & Brook to help businesses transform ideas into market-ready products while maximising financial returns from innovation.
De-risking innovation through design and financial strategy
The partnership delivers end-to-end support – from concept design and design for manufacturing through to R&D tax relief claims – ensuring innovation projects maintain cash flow and minimise financial risk.
By aligning design processes with R&D tax strategy from day one, projects capture eligible activities as they happen. Design documentation, testing records and technical reports feed directly into tax claims, eliminating duplication and reducing missed opportunities. Clients benefit from shorter claim cycles, stronger audit readiness and confidence that every development pound delivers both commercial and financial returns.
Simple Design Works brings strategic, user-centric design that transforms complex ideas into viable solutions. Bonham & Brook contributes a decade of R&D tax relief expertise, Patent Box knowledge and a compliance-first approach backed by close HMRC collaboration.
“By partnering with Simple Design Works, we’re giving businesses the power to design smarter, claim confidently and grow sustainably,” said Nick Grimond, Partner at Bonham & Brook.
“This partnership ensures innovation and funding move hand in hand,” added Kristo Shivachev, Founder of Simple Design Works. “By linking design data directly to R&D evidence, we’re helping clients turn development work into tangible financial returns.”
The collaboration enables businesses to bring ideas to market faster, recover more investment and plan future innovation with greater certainty.