Recommencement of Everest operations

ANNOUNCEMENT:

Chris Farrington, Cameron Gunn and Lee Manning of ReSolve Advisory Limited were appointed as Joint Administrators of Everest 2020 Limited (“Everest”) on 24 April 2024.

If you have any queries in relation to the business and/or administration, please contact everest2020@resolvegroupuk.com.

Chris, Cameron and Lee are licensed to act as Insolvency Practitioners in the United Kingdom by the Institute of Chartered Accountants in England and Wales and, along with their staff, act without personal liability at all times.

Licenced Insolvency Practitioners who are appointed as Administrators, and their staff, act as agents of the company over which they are appointed. A list of ReSolve’s licensed Insolvency Practitioners can be found on our website.

9th June 2020

Recommencement of Everest operations

The recommencement of Everest operations following lockdown closure and successful corporate restructure.

The UK has gone through a period of unprecedented uncertainty and the impact on the economy is expected to be considerable. Up until the outbreak of the Covid-19 pandemic, the Everest business was trading successfully, covering its costs and enjoyed leading brand awareness. Unfortunately, not being able to install our products removed all cash flow from the business limiting its ability to trade through lockdown.

As a result of the pandemic's impact, the company entered into discussions on a number of options aimed at preserving Everest's business into the future.

Everest has been supplying quality home improvement products throughout the UK for over 50 years and stands as a strong brand boasting a highly experienced and motivated workforce. Therefore, the organisation had much to offer future owners and following a successful pre-pack sales agreement of its holding company completed on the 9th of June the company is resuming its operations following Government guidance. Trading will remain on a limited basis while it rebuilds its operations but it is expected that trading will return to normal over the next 3 months.

Everest's current and future customers can be reassured that their orders will be fulfilled as soon as possible and in line with the UK Government's safe trading guidelines.

Made in Britain is an initiative set up to highlight the importance of products being manufactured in Britain.

Certified to ISO 9001, the most recognised quality management standard from The British Standards Institute.

Quiet Mark encourages companies to prioritise noise reduction and find solutions.

Secured by Design is a UK police initiative promoting products that help reduce crime.

FENSA have accredited Everest's installation of replacement windows, doors and rooflights in existing dwellings.

The Government backed professional body representing sales in the UK and around the world.

The GGF monitors the performance of members, ensuring the standard of products and installation remains high.