Deadline close on Everest sale offer
Everest is so far saying nothing about widespread press reports that it is being put up for accelerated sale ‘to relieve creditor pressure’.
Specialist consultants Alvarez & Marsal set a deadline for offers, which is...
Crystal and Evander join with B&Q for in-store ‘Design Centre’ plan
Crystal Direct has entered a partnership with B&Q and national installer Evander to sell replacement windows and doors via staffed instore Design Centres backed by an online price configurator.
The project was launched at the...
No buyers for Everest means redundancies for most
Administrators for Everest 2020 said today (April 30) they have given up on selling the business as a going concern, leading to redundancy notices for the majority of the 350 employees, and are now...
Everest pledges business as usual after buying Evolution out of administration
Customers of the Evolution arm of the defunct UK Windows & Doors Group have been promised it will be back to business as usual ‘as soon as practicable’ after new owner Everest acquired the...
Safestyle collapses after would-be buyers walk away
Safestyle has finally gone into administration after revealing that its last possible lifelines of a sale had withdrawn from talks.
News of the collapse was announced by administrators after the retailer’s holding companies concluded they...
Safestyle debts totalled over £30m at collapse
Safestyle UK and its component companies owed more than £30million to customers, suppliers and others at the point when the company went into administration, official documents have revealed.
The group’s subsidiaries - HPAS Limited, Style...
Anglian buys Everest order book
Administrators for Everest have sold certain assets to Anglian Home Improvements, including an interim subcontractor deal to fulfil all ongoing work impacted by the collapse of Everest.
The deal is the second such to be...
Anglian buys Safestyle order book for customers’ ‘peace of mind’
Administrators for Safestyle have sold its order book to Anglian Windows in a move they say will enable the completion of homeowners installations.
Anglian has also confirmed it will honour the terms of all contracts,...
Safestyle’s bank waits as group talks over possible lifelines
Safestyle UK says it has had a number of approaches from interested parties following its plea for third-party saviours in the wake of its ongoing shares slump.
The group has issued a statement in response...
Safestyle seeks third-party saviours as shares hit another record low
No, this is not a repeat of our last Safestyle UK report – the group really has yet again seen its shares shed over half as the price at noon today fell below two...
