EVEREST LIMITED

Company Information

Company Number
04566809
Registered Address
2nd Floor 110 Cannon Street, London, EC4N 6EU
Status
In Administration
Employee Count
683
Turnover
£105,014,000
EBITDA
-£7,861,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 October 2002
Nature of Business
43342 - Glazing
Industries
Property-related Goods And Services, Raw Materials And Intermediate Goods
Region
London

Time to Pay

Average Time to Pay
47 days
Shortest Period:14 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
38%
31-60 Days
32%
After 60 Days
30%
Not Paid Within Terms40%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201926 Jul 20195240%21%40%50%
01 Jul 2018 - 31 Dec 201831 Jan 20195836%13%51%56%
01 Jan 2018 - 30 Jun 201830 Jul 20185142%10%48%59%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Our normal terms of trade for our raw materials and mainstream suppliers is end of month plus 60 days although a number of them have negotiated end of month plus 30 days. Our sub-contractors are either end of week plus 7 days for the small sole traders, 21 days for our medium sized sub-contractors and end of month plus 45 days for the large companies such as scaffolding or hire companies.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

90

Dispute Resolution Process

Invoices with either a pricing or goods receipts query go onto a queried invoice register. The appropriate person within the organisation is allocated these invoice queries to resolve. The list of invoices under query is emailed weekly to ensure that queried invoices do not get fi=orgotten about.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

Everest Limited is a leading company in the home improvement industry, specializing in windows, doors, and conservatories. They have a strong focus on sustainability and are committed to reducing their environmental impact through various initiatives.

Their sustainability program includes using sustainable materials in their products, reducing waste through efficient manufacturing processes, and promoting energy-efficient products to their customers. They also have a recycling scheme in place to ensure their products are disposed of responsibly.

Everest Limited offers a wide range of high-quality products and services, including double-glazed windows, composite doors, and bespoke conservatories. They use advanced technology and materials to provide durable, energy-efficient, and secure products to their customers.

The company is led by a team of experienced and dedicated professionals, including the CEO, Mark Austin, and the Managing Director, Martin Troughton. They have a strong commitment to customer satisfaction and ensuring the highest standards of quality in their products and services.

For more information on their products and services, customers can visit their website at www.everest.co.uk. Their registered office address is Everest Limited, Everest House, Sopers Road, Cuffley, Hertfordshire, EN6 4SG, United Kingdom.

In summary, Everest Limited is a reputable and sustainable company in the home improvement industry, offering high-quality products and services. Their dedication to sustainability, commitment to customer satisfaction, and experienced leadership make them a top choice for home improvement needs.

Financial Metrics

Cash
£1,425,000
Net Worth
-£20,670,000
Total Current Assets
£21,275,000
Total Current Liabilities
£28,109,000

Company Location