In November 2009 the Government launched the UK Composites Strategy. This highlights the importance of composites to the future of UK manufacturing and the Government’s plans for ensuring that the UK has the means to succeed in intensely competitive global markets.
A key part of this strategy is the establishment of the National Composites Centre (NCC), which will bring together dynamic companies and enterprising academics to develop new technologies for the design and rapid manufacture of high-quality composite products. The combination of academic and business strengths will speed progress from laboratory to design to factory and into products
In collaboration with the Sponsors, the University of Bristol established the NCC. As at the date of the Agreement, the University proposed to build and retain ownership of the Facility and the intention is that, to protect the University’s charitable status, primary purpose trading activities will be carried out by the University and non-primary purpose trading activities will be carried out by the Subsidiary.
THE UNIVERSITY OF BRISTOL incorporated by Royal Charter (company number RC000648) and having its Principal Office at Senate House, Tyndall Avenue, Bristol, BS8 1TH, England (the “University”);
Wholly owned subsidiary: NCC OPERATIONS LIMITED (company number 07304890) whose registered office is at Finance Office, Senate House, Tyndall Avenue, Bristol, BS8 1TH, England a company organised and existing under the laws of England and Wales (the “Subsidiary”)