Turnell And Gigon Limited

Turnell And Gigon Limited is a small, active company based in Chelsea Harbour, London, UK. Founded 41 years ago in 1984, it employs 15 people and has seven directors overseeing operations. The company, owned by Gigon Monique and Gomez Matthew John Rae, operates from a real address and is registered with Companies House. It’s a regular importer and exporter of carpets and textile floor coverings, with 913 months of import activity and 196 months of export activity recorded, the latest in February 2025.

The company’s core business revolves around the wholesale of textiles, and its website, while not present, likely showcases a curated selection of carpets and floor coverings for interior design and retail clients. It’s a business built on established relationships and a keen eye for quality—a far cry from the fast-paced world of e-commerce.

Financially, Turnell And Gigon Limited presents a mixed picture. Current assets have decreased by 1100%, while net assets have plummeted 78%. Bank borrowings have increased by 28%, and cash reserves have fallen 43%. Creditors have risen by 79%, and trade debtors have increased by 9.5%. It’s a small company, meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in bank borrowings and decrease in cash reserves suggests the company is burning through money, but the rise in trade debtors could indicate expanding sales on credit. The company’s financial statements are unaudited, so it's difficult to get a clear picture of its overall health.

Despite these financial pressures, Turnell And Gigon Limited’s longevity—spanning over four decades—suggests a resilient business model. The company's investments in group undertakings have increased by 110%, which is a good sign. The company's focus on high-quality textiles and established relationships likely provides a buffer against market fluctuations.

Registered in England/Wales under the registration number 01789896, with a registered address at SW10 0XE, Lots Road, London, Chelsea Harbour Design Centre, Chelsea Harbour.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.