Novus paints the way for world famous graffiti artists

  14 JULY, 2016
Novus paints the way for world famous graffiti artists

We’re delighted to have facilitated a thought-provoking street art project at the Cities of Hope Festival in Manchester.

We were called upon to carry out vital preparation work on the buildings of Manchester’s Northern Quarter, which were to be painted with murals by world-renowned artists.

The festival's organisers had experienced some difficulty in properly preparing the walls due to their size, but we were only too happy to send a team of exterior decorating specialists along with all the required materials to get the walls ready to be painted.

Our speed and efficiency ensured that the artists enjoyed the ideal surface on which to paint their inspiring, colourful artworks, which were intended to raise awareness of social justice issues and each creation was linked to a relevant local grassroots organisation.

The highlights of the project included a piece by South African artist, Faith, at Brownsfield Mill, while Hilton House has been adorned with the work of Nevercrew, from Switzerland.

James Spencer, head of operations at Manchester Creative Studio, which supported the festival, said: “Novus has been immensely generous in supporting this project to bring key social issues to the fore in Manchester.

“The work they supported has been greeted with local and national positivity. Ultimately the project will raise £200,000 for small charities and this is in no small part to Novus' ability to deliver innovative and creative solutions in challenging circumstances.”

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DELIVERING ON OUR COMMITMENT TO IMPROVE PAYMENT PRACTICES

Ahead of the filing of our latest payment practice statistics, Neil Washington, our finance director, provides a breakdown of our results. Late payments are a thorn in the side of smaller firms in the construction supply chain. That’s why we have placed an ongoing focus on doing all we can to reduce the time we take to pay our suppliers. Quite rightly, the issue has attracted negative headlines in the construction industry and large companies are now required to report on their payment practices every six months. So, with the deadline for businesses to file their latest available data falling this week, some may be nervous about what the statistics will reveal. Here at Novus, however, we’re happy to report that our commitment to reducing payment times is continuing to bear fruit. The data for the first half of the year shows that we took an average of 29 days to pay our subcontractors. This is an improvement on the already high standard we set ourselves for the same period last year, which was 30 days. To put this in context, according to Construction News’ latest analysis of payment-practice reports, the industry’s largest contractors took an average of 43 days to pay suppliers. It’s not just there where we’ve continued to make improvements. We also now pay 57% of our invoices within 30 days, up from 52% for the first half of 2018, while the proportion of payments outside of terms are down year-on-year. Of course, our work doesn’t stop here and we will continue to focus on this issue. Contractors and their supply chains are dependent on each other’s success. Prompt payment means that subcontractors can maintain healthy cashflow levels, increasing the likelihood of them accepting more work and consistently carrying out quality jobs. Late payment can also have a massive impact on cashflow, increasing the likelihood of insolvency. At a time of skills shortages, reduced access to labour and economic uncertainty, it’s vital that bigger players in the industry are doing all they can to ease the burden smaller firms face.