HHGL Limited (00533033): administration
- Status
- In administration
- Administration began
- 2024-11-13
- Administrators
- Gavin George Scott Park, Adele Macleod, Gavin Maher
- Administrators' firm
- Teneo
- Formerly
- Homebase Limited; Texas Homecare Limited; Home Charm Retail Limited; B. Fogel and Co. Limited
- Incorporated
- 1954-05-08
- Location
- Queensway
- Industry
- 47190 Other retail sale in non-specialised stores
Why it went into administration
- Funding withdrawn / unable to refinance
- Weak consumer demand
- Supply chain disruption
- Rising costs / inflation
- Property / lease costs
- Rising interest rates
- Weather / natural events
From the administrators' statement
HHGL, incorporated in 1954, is the principal trading entity in the group, which also includes two trading subsidiaries being Hampden Group Limited (“Hampden”), an entity registered in Northern Ireland, and HHGL ROI Limited (“HHGL ROI”), an entity registered in Ireland, (together “the Group”). The Group operate under the Homebase and Bathstore brands. HHGL is the key trading entity within the Group.
Upon our appointment, HHGL held 135 property leases and had 3,446 employees, including 374 at head office.
HHGL’s leasehold portfolio includes five stores in Northern Ireland and five stores in the Republic of Ireland. In addition, Hampden holds three leases of stores in Northern Ireland and HHGL ROI holds three leases of stores in the Republic of Ireland.
Administrators' statement of proposals (2024-11-21) · Companies House register