HB do a range of their own brand gear at different price points, so without actually knowing which specific model you mean, difficult to give a good reply.
In general HB make good solid gear for the price point, don't get this confused or mistaken for good quality or especially high quality. A £120 HB jazz isn't going to play, sound or parts last as long as a £1000+ jazz. Necks and bodies, as well as general build quality is good from HB, so basically they have good bone's. Although playability, sound and feel are all subjective, so some may prefer the sound or feel of a HB over a Sire or Fender.
For the low end HB gear, like any low end gear the tuners, pickups and electrics are not going to be brilliant. Change these components to you own taste and some fettling with the neck, seating frets, smoothing fret ends, even rolling the neck will all make a very good bass at a lower price point than a stock Sire or Fender etc.