{"name":"HATTONS MODEL RAILWAYS LIMITED","company_number":"05131251","status":"Liquidation","type":"Private Limited Company","incorporated":"2004-05-18","dissolved":null,"registered_office":"Leonard Curtis House Elms Square, Bury New Road, Whitefield, Greater Manchester, M45 7TA","postcode":"M45 7TA","sic_codes":[{"code":32409,"description":"Manufacture of other games and toys, not elsewhere classified"},{"code":47910,"description":"Retail sale via mail order houses or via Internet"}],"principal_activity":null,"previous_names":[],"warnings":["The annual accounts for this company are overdue."],"accounts":{"category":"Full","year_end":"30 June","last_made_up_to":"2022-06-30","next_due":"2024-06-30"},"employees":null,"financials":[{"financial_date":"2022-06-30","turnover":10998521,"net_assets":5531370,"cash":500857},{"financial_date":"2021-06-30","turnover":12395827,"net_assets":5581056,"cash":286162},{"financial_date":"2020-06-30","net_assets":4957153,"cash":1649024},{"financial_date":"2019-06-30","net_assets":4501697,"cash":1358007}],"officers":{"current":3,"resigned":6,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[{"date":"2024-11-15","kind":"insolvency"},{"date":"2024-07-10","kind":"insolvency"},{"date":"2024-07-10","kind":"insolvency"}],"insolvency_outcome":null,"ai_summary":"Hattons Model Railways Limited represents a cautionary case of a business with substantial strategic assets—established brand, multi-channel distribution, manufacturing capability, and £5.5m net assets—that nevertheless failed to convert positional strength into sustainable profitability. The rapid deterioration from operating profit to significant loss, combined with inventory management failures and cash flow volatility, overwhelmed the balance sheet resilience and ultimately led to liquidation. The company's trajectory demonstrates that in specialist retail, asset richness cannot compensate for operational and strategic execution failures—particularly when margin pressure coincides with structural market shifts and inadequate working capital management.","website":"https://www.hattons.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/hattons-model-railways","people":"https://www.companiesintheuk.co.uk/company/hattons-model-railways/people","filing_history":"https://www.companiesintheuk.co.uk/company/hattons-model-railways/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05131251","financials":"https://www.companiesintheuk.co.uk/company/hattons-model-railways/financial","gazette":"https://www.companiesintheuk.co.uk/company/hattons-model-railways/gazette","control":"https://www.companiesintheuk.co.uk/company/hattons-model-railways/control","charges":"https://www.companiesintheuk.co.uk/company/hattons-model-railways/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/hattons-model-railways/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/hattons-model-railways"}