Novus to deliver new apartments at sheltered accommodation scheme in Solihull

  30 MAY, 2018
Novus to deliver new apartments at sheltered accommodation scheme in Solihull

Contractor Novus has been appointed to deliver a £1.29m project to build 13 new two-bedroom apartments at a sheltered accommodation scheme in Solihull.

The development, for the Sir Josiah Mason Trust, will see Novus deliver a full refurbishment at Mason House in Shirley.

The 13-month project will include the construction of a new extension, one half being two-storey while the other half is an additional floor over the existing one-storey property which will involve underpinning the existing foundations.

The construction will also provide a new reception area and communal space as well as making a range of improvements to the building’s existing corridors. On the new roof, there will be new PV solar panels installed to generate hot water for the apartments.

The Josiah Mason Trust provides sheltered accommodation, residential care and extra care housing to over 200 people across the West Midlands. 

Mark Foxall, contracts manager at Novus Property Solutions, said: “Our work with the Sir Josiah Mason Trust will allow the charity to deliver an even greater level of service to its residents in Solihull. This is an exciting project for Novus and we’re looking forward to building on our relationship with Josiah Mason.”

David Healey, chief executive at the Sir Josiah Mason Trust, said: “The new frontage and refurbishment of our Mason House apartments will breathe fresh life into the scheme and allow us to help more people in the community.

“This is the first major development undertaken by the trust in recent years and we’re looking forward to seeing it finished next year.”

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NEW REPORT: NOVUS ARE AMONGST THE FASTEST PAYERS

Every year, the Government publish figures on the promptness of businesses in paying their suppliers. Having submitted numbers for 2019/2020, Novus ranks amongst the quickest to pay supplier invoices in the industry. Average time taken to pay invoices This is the average elapsed time taken for a business in receipt of goods or services to pay the supplier. Published on 29th July 2020, Novus achieved an average payment time of 33 days against all of its invoices; a number that places the building contractor inside the top 3 organisations of all its major competitors (total 11 compared). In addition, this eclipses the “43 day average” for contractors to pay their suppliers Construction News reported in 2019. The article also indicated the average proportion of invoices not paid to the terms originally set out is 28 per cent, compared to 9% this year for Novus. The importance of quick payments As a company, Novus strives to build strong and trustworthy partnerships with their suppliers, maintaining an open dialogue with its supply chain, and of the belief that quick payments are reflective of mutual respect. The importance of quick payments goes almost without saying in the current climate. The backdrop of Covid-19 Late payment of invoices is a problem for most suppliers of goods and services in any industry, and in a challenging economy, the issue is only heightened. Subsequently, it will probably come as no surprise that late payments and bad debts are the main causes of insolvency in construction companies, contributing almost a quarter of all insolvencies. Publicly available information For further information about average payment times, visit the Government website, specifically the “Check when large businesses pay their suppliers” page. From here you can check the average time it takes for a large business to pay its suppliers and the proportion of payments that it doesn’t pay on time. Specific information about Novus can be found here.

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