The COVID-19 pandemic has the potential to cause enormous write-down risks for businesses, asset owners, insurers and banks unless some form of mitigation can be provided to reduce those risks.
To some companies, this balance sheet adjustment or company value reduction could lead to it breaching its financial covenants with its lenders or investors.
Our solutions are able to keep your people safer but also protect the health of your business.
COVID-19 is primarily transmitted through respiratory droplets which spread into the air from an infected person’s breath. . Some of these settle onto surfaces where they can be touched by others, but a more common means of transmission is through inhaling the smallest of these droplets (aerosols), which can linger in the air and spread.
This form of transmission isn’t unique to COVID-19, other coronaviruses such as the common cold, norovirus and flu can be transmitted in this way, along with other deadly pathogens such as measles and tuberculosis.
By reducing the risk of airborne transmission, you can protect your employees and customers from COVID-19 and other illnesses which can disrupt your business operations and lead to sickness, absences or closures. Healthy workers are also more productive workers, giving your business a further boost.
Due to the low installation and running cost of our solutions and their proven effectiveness against the transmission of germs and viruses, you can recoup the cost quickly and easily.
To reduce the risk of people being infected by contaminated air, it’s important to ensure that the air within a room is changed or disinfected regularly. Based on 80 years of research and scientific evidence, our engineers can design, specify and install the air-security systems which can provide optimal air security for your organisation.
Making use of tools such as computational fluid dynamics, ventilation and airflow analysis and detailed knowledge of more than 35,000 microorganisms and the technologies to prevent their transmission, our team of engineers can provide a cost-effective solution to suit your needs.
As well as improving and upgrading ventilation systems, we regularly use UV-C technology to continually destroy harmful pathogens. Evidence confirms that there is no technology more effective for inactivating airborne pathogens than germicidal UV-C air disinfection, which uses light, rather than chemicals. This technology deactivates the RNA of coronavirus, instantly eradicating the danger it presents.
As the pandemic escalates and the viral risk changes, more businesses are going above and beyond the government guidance to make their environments safe and UV-C is one of the best ways to supplement mandatory Covid-secure interventions.
Whether it is UV-C ceiling light fixtures, Upper Room UV-C emitters, UV-C filaments retrofitted into the ducting of air conditioning systems, or UV-C disinfection robots, there is a wide range of steps that can be taken to protect any indoor environment.
Better yet, HMRC recognises these as “integral fixtures” and fully tax-deductible “plant & machinery”. The cost of PP-L’s health technology systems are, therefore, potentially fully recoverable against corporation tax and may be available to an eligible business, investing in such integral and important health & safety features, up to the allowable annual limits stipulated. (Please take advice on your specific tax recovery potential with your tax accountant because this may vary from case to case and dependent on circumstances and other allowances you may be claiming or write-downs being made.)
Potential to offset 130% of the cost to create a covid-resilient business
In the UK, most eligible businesses can claim 130% of the cost of qualifying integral fixtures against income or corporation tax up to £200,000 spend per year according to HMRC rules. There are not just the potential tax-free benefits to be recovered in the tax year after the investment because the products are fixed electrical and or/ventilation plant but PP-L can lease the products to certain clients so that initial outlay is minimal.
Investing in bio-secure infection prevention solutions has the potential to save lives and save businesses.
Following a simple electrical installation, the running cost of PP-L’s UV-C technology is similar to conventional light bulbs, so ongoing cashflow impact is negligible. The running costs are literally pennies per hour, and maintenance in minimal because our UV tubes are only replaced after 12,000 hours. The nearest comparable rival states 9,000 hours for tube re-investment but uses three times the power wattage to achieve a lower efficacy.
You, your people, and your business will be safer with UV-C air & surface Covid-disinfection fixtures installed for your workplace. So please get in touch with us for a confidential, no-obligation discussion about your options.