# Bastyan Fashions Limited (06969547)

> Why UK company 06969547 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06969547

- **Status:** Administration ended
- **Administration began:** 2020-04-15
- **Administrators:** Richard Michael Hawes, Robert James Harding
- **Administrators' firm:** Deloitte
- **Formerly:** HS 495 Limited
- **Incorporated:** 2009-07-22
- **Location:** Birmingham
- **Industry:** 47710 Retail sale of clothing in specialised stores

## Why it went into administration

- COVID-19
- Cash flow / liquidity pressure
- Weak consumer demand
- Rising costs / inflation
- Property / lease costs
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

‘Reasons for financial distress

As with many “bricks and mortar” retailers, the

.Group was experiencing a number of pressures

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06969547/filing-history/MzI2NzQyNDcyOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06969547

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