Revenues at specialist brake manufacturer double

High performance cars
Revenues at Liverpool firm Surface Transforms doubled to £1.4m over the last year. The company which makes carbon brakes for high performance cars said the figures were broadly in line with market expectations. Cash was £900,000 to which should be added an expected November 2018 Research & Development tax credit of approximately £500,000. Capital expenditure in the year was £2m. Work with Aston Martin continues to progress and the Board still expects start of production the first quarter of next year. Chief exec... For the full story register now for free or login below...