ReSolve agrees deal with Anglian to fulfil Everest 2020 customer orders
ReSolve is providing support to those employees, including information on how to make redundancy payment claims, and has engaged specialist firm Evolve to assist
ReSolve has agreed a contract with Anglian Home Improvements to fulfil Everest 2020 Ltd customer orders.
Following a previous sale out of administration which took place in 2020, Everest has continued to face financial difficulties as a result of the pandemic.
The joint administrators have now reached an agreement to sell certain assets to Anglian Home Improvements trading as ASHI Group Ltd.
While the terms of the agreement are finalised, the joint administrators have entered a subcontractor arrangement that will enable customer orders to be fulfilled by Anglian where possible.
This will ensure all Everest customers impacted by the Company’s insolvency will have the opportunity to carry out their home improvement projects.
ReSolve is providing support to those employees, including information on how to make redundancy payment claims, and has engaged specialist firm Evolve to assist.
Cameron Gunn, joint administrator and senior partner at ReSolve, said: “Despite our best efforts to secure a sale of the business as a going concern, we were racing against the clock and unfortunately it was not possible.
“We are now focused on supporting employees during this difficult transition. We are pleased to have reached this agreement with Anglian Home Improvements which gives Everest customers the certainty and peace of mind that their home improvement projects can now be completed.”
Peter Mottershead, executive chairman of Anglian, added: “Anglian Home Improvements has agreed with the administrators to support Everest customers in what we know is a very difficult situation, and we hope this agreement will go some way towards alleviating the concern and burden on those Everest customers who have been impacted.
“Our customer service teams will be making contact with customers in the coming days and weeks to discuss the status of each order with the customers and where possible arrange completion of orders, prioritising those who were part-way through the installation process. I can also confirm that Anglian Home Improvements will honour the terms of the contract, including the price, that had previously been agreed with each customer.”
