Nevada Construction Limited maintains an average payment time of 27 days, sitting comfortably within the standard 30-day threshold. The majority of payments (69%) are settled within 30 days, with a notable 30% falling in the 31–60 day band, suggesting a consistent but moderate tail of slower payments. There is minimal exposure beyond 60 days at just 1%, indicating that severely delayed payments are rare rather than systemic.
The late payment rate of 5% is relatively low, pointing to a generally dependable payer with limited unpredictability at the extremes. However, the 30% concentration in the 31–60 day range introduces meaningful variability, meaning suppliers should anticipate that roughly one in three invoices will exceed standard terms. This spread suggests payment timing is not tightly controlled, which could create cash flow planning challenges for suppliers operating on tighter margins.
Nevada Construction Limited presents a moderate-to-low payment risk profile, making them an acceptable trading partner for most suppliers under standard credit terms. The primary concern is the 30% of invoices paid between 31–60 days, which warrants proactive invoice follow-up around the 25–28 day mark to avoid unnecessary delays. Suppliers should consider setting credit terms at 30 days with clear late payment clauses, and may wish to review exposure limits for larger contract values given the payment spread observed.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Oct 2025 - 31 Mar 2026 | 15 Apr 2026 | 27 | 69% | 30% | 1% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days from receipt of an approved invoice which is detailed in all subcontract orders. A small number of trade suppliers offer longer terms than this on credit accounts however this is relatively rare.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Disputes are handled by the quantity surveyor overseeing the project. Subcontractors should liaise with the surveyor to find a resolution to any dispute. We aim to resolve any dispute in a timely manner. Where no resolution can be found with the surveyor, the sub contractor can raise the issue with the accounts department who will raise this with the directors.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Nevada Construction Limited is a private limited company operating within the construction sector in the United Kingdom. The company is registered and active, conducting its business operations from its base in the South West of England.
Nevada Construction Limited is registered at Sidney House, Broadmeadow Industrial Estate, Teignmouth, Devon, TQ14 9AE, and holds company registration number 07376791 with Companies House. The company was incorporated on 15 September 2010 and has maintained an active status since its formation.
Construction companies of this type operating in the UK market typically provide a range of building and construction services, which can include residential and commercial building works, civil engineering, site preparation, and property development. Such organisations serve clients across both the public and private sectors, delivering projects that range from new builds and extensions to refurbishment and renovation works.
As a South West-based construction business, Nevada Construction Limited operates within a region that encompasses a broad mix of urban and rural development opportunities, supporting the ongoing demand for construction services across Devon and the wider surrounding area.