TURNELL AND GIGON LIMITED
Company number 01789896 · Monitor this company
Executive summary
Turnell and Gigon Limited is in serious financial distress, characterised by near-zero cash reserves (£245), a £914,000 working capital deficit, and accumulated losses that have driven retained earnings to negative £186,831. Net assets have eroded by 63% since their 2018 peak, falling from £983,205 to £361,427. While the company holds £1.4M in investment assets, these are illiquid and cannot address the immediate cash crisis. Urgent action is required to secure cash from intercompany balances, restructure debt, and stem ongoing trading losses of approximately £180,000 per year.
Shareholders' funds
£361,427
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1984-02-08
- Employees
- 19 (2024 accounts)
- Registered office
- Unit 210-210a Second Floor, Harbour Yard, Harbour Avenue Chelsea Harbour, London, England, SW10 0XD
- Postcode
- SW10 0XD
- Capital
- 8,000 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-07-18
- Next due by
- 2027-08-01
Nature of business (SIC)
- 46410 Wholesale of textiles
Officers 9 current · 13 resigned
Group structure 8 subsidiaries
-
MIMO CREATIONS LIMITED Dissolved
-
TIE100 LTD Dissolved
-
TIM PAGE LTD Dissolved
From persons-with-significant-control filings on the public register.
Contact details
- Website
- turnellandgigon.com
- Phone
- 03031231113
Turnell & Gigon distributes and produces exquisite fabrics, wallcoverings and trimmings from some of the finest Houses in Europe and the United States.
Previous company names
| Name | Date changed |
|---|---|
| TENORFORD LIMITED | 1984-03-23 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| ROOM 9/04, 250 KINGS ROAD, SW3 5UE | 1989-08-31 |
Among its peers
Top 25%
by shareholders' funds, of 67 similar companies in SW
2nd largest employer among its local peers (19 staff).
Among the oldest 25% of its local peers, trading since 1984.
No.12 of the largest wholesale of textiles companies in London →
Competitors London
This company ranks 12 among wholesale of textiles in London.
The class of 1984
51%
of the 14,117 companies incorporated in 1984 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.