Martin Lewis has issued a stark warning to UK homeowners sporting double-glazing, following the recent closure of a large company. He took to X, formerly Twitter to share news of the well-known double-glazing firm Everest 2020's descent into administration.
The Money Saving Expert explained: "Everest, also known as 'Everest 2020', fell into administration on Wednesday 24 April 2024, with business advisory firm ReSolve appointed to oversee the process. ReSolve has been unable to find a buyer for the business as a whole, so the majority of Everest's staff have been made redundant ."
Reacting to the news, one follower noted: "By the way - if you are worried about this possibility when a company offers 'X year guarantee' ask them if the guarantee is insured. We recently had our roof redone on a guarantee and it includes 3rd party insurance, in case they go under. Hindsight is 20/20.."
"And back again in a month but no liability for the customers and suppliers they've stiffed. Everest used to be a trusted name and now its lower than the dogs doodahs," a third customer expressed their frustration.
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