# HBS Realisations Limited (03505063)

> Why UK company 03505063 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03505063

- **Status:** Administration ended
- **Administration began:** 2011-12-30
- **Formerly:** Hawkin's Bazaar (Shops) Limited
- **Incorporated:** 1998-02-05
- **Location:** Manchester
- **Industry:** 5248

## Why it went into administration

- Sustained trading losses
- Funding withdrawn / unable to refinance
- Property / lease costs

## From the administrators' statement

2.1 The principal trading activity of the Compames was wholesale and retail of novelty toys and gifts under the brand names Hawkin’s Bazaar, Tobar, Letterbox, Stocking Fillers and Something Personalised

2.2 Tobar operated a wholesale business from the Companies’ head office and employed approximately 107 staff LBT also operated a transactional website, together with a retail unit 1n Wandsworth, London.

23 Hawhkin traded from 122 permanent and temporary stores nationwide and employed over 1,400 permanent and temporary staff. A total of 52 stores were operated on temporary short term contracts, opening in October/November and closing December/January 1n order to maximise sales during the peak Christmas season. The temporary stores were generally managed by staff on fixed term contracts. Hawkin also operated concessions in five House of Fraser stores and a transactional website

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03505063/filing-history/MzA1MzE1MTIyOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03505063

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.