Singh Winning As Others Go Bust All Over
Surgit Singh, the owner of Aluco Aluminium and Ventiss, has acquired 100% share ownership of Evolution Home Improvements, which was bought by Everest 2020...
Read Full ArticleAnglian Home Improvements has acquired the customer order book, brand and intellectual property of Everest 2020, having taken Safestyle not long ago. This completes the set of the best know consumer brands in the industry.
Everest 2020 ltd went bust on 24 April 2024 leaving hundreds of employees out of work and a network of independent retailers and installers wondering what they would do to replace the work they had become accustomed to.
Anglian Home Improvements trades as ASHI Group Ltd. The company has also bought other undisclosed assets of Everest 202o from the administrator – ReSolve.
These assets do not include Evolution Home Improvement. Evolution is a specialist in PVC-U heritage windows based in Biggleswade, Bedfordshire. It was bought by Everest 2020 when Safestyle went bust last year. Surgit Singh, the owner of Aluco Aluminium and Ventiss, has now acquired 100% share ownership.
Safestyle’s order book and brand was also purchased by Anglian Home Improvements. The company runs Safestyle, in the eyes of consumers, as if it were an long-standing, independent company that had never experienced any trading difficulties.
Competition & Markets Authority
Safestyle, Everest and Anglian are the best-known brands in windows and home improvements – ‘known off the telly’ – in the UK. The Competition & Markets Authority may investigate.
When Anglian (which holds GGF, FENSA, BFRC and TrustMark) memberships legitimately was asked to remove those organisations’ logos from the Safestyle UK website it had created, as that entity was no longer entitled to run them, Anglian ignored those requests and still boldly runs them alongside impeccable Trustpilot reviews.
ReSolve
Cameron Gunn, Chris Farrington and Lee Manning, partners at ReSolve, were appointed joint administrators to Everest 2020 Limited on 24 April 2024.
The acqjuisition by Anglian Home Improvements ensures, that where possible, Everest 2020 customers who have felt the impact of the company’s insolvency will have the opportunity to have their home improvement projects carried out in full by Anglian Home Improvements.
Everest 2020 ltd was a paid-up member of FENSA and thus FENSA has been swift to make it clear it will honour insurance backed guarantees issued by the company.
Anglian Home Improvements
Anglian Home Improvements manufactures a wide range of home improvement products at its factory in Norwich and is responsible for the employment (directly and indirectly) of circa 1,500 people across the UK. It has over 40,000 living space orders under warranty and 400,000 orders of windows and doors under warranty. These products are installed throughout Britain from the north of Scotland to Cornwall. Anglian holds the Made in Britain accreditation.
Everest 2020 (which rose from the administration of Everest UK in 202) had 100 directly employed staff at its fabrication site in Treherbert, Rhondda Cynon Taf along with other directly employed staff in other regions.
Customer service
Peter Mottershead, executive chairman of Anglian Home Improvements, says: “Since the announcement last week that Anglian had reached agreement with the joint administrators to take on the Everest 2020 order book, our customer service teams have been working hard to make contact with all customers impacted to review the status of their orders and where possible progress their project.
“Having been manufacturing and installing home improvements for around 60 years, we are looking forward to helping them transform their homes.”
Certainty
Cameron Gunn at ReSolve, says: “We are pleased to have completed the transaction with Anglian which will provide much needed certainty to customers over their home improvement projects. We will continue to provide support to the affected employees throughout this process.”
Picture: Having bought the brand and order book of Safestyle, Anglian Home Improvements has now acquired the customer order book, brand and intellectual property of Everest 2020 – meaning it now owns the three biggest consumer brands in the sector in the UK.
Article written by Cathryn Ellis
22nd May 2024