Touchlight are a DNA development and manufacturing company that has developed an innovative, synthetic DNA vector and enzymatic manufacturing process, which enables them to produce DNA at unprecedented speed, scale and purity. Using their patented enzymatic DNA production platform, they can support their partners that are advancing genetic medicine.
Menzies were approached by Touchlight to support the company with a broad range of accounting and tax services. However, as Touchlight prepared for their audit, several technical and operational challenges emerged. These ranged from complex accounting treatments and audit readiness to navigating capital allowance legislation and meeting enhanced R&D compliance standards.
The combination of rapid growth, multiple group entities, and the evolving regulatory landscape made it essential to address each issue with precision and coordination.
