The Urban Warehouse Limited

The Urban Warehouse Skate 4 Education, based in East Los Angeles, California, is a small, active non-profit founded in 2012. With just one employee and £126,919 in assets, it operates from a registered address that’s also home to 176 other companies, suggesting a virtual address. A single director and owner, Mongiovi Calogero Roberto, leads the organization. The company’s primary focus is importing furniture, lighting, and prefabricated buildings, with 24 months of import activity recorded, though the last operation was in 2019.

The organization’s website reveals a unique mission: to empower underserved youth through skateboarding, art, and entrepreneurship. It runs programs designed to provide young Angelinos with the skills and resources they need to succeed, and even offers products designed and sold by its young entrepreneurs, with proceeds funding tuition or merchandise. The website also highlights popup events and partnerships with local organizations, demonstrating a commitment to community engagement.

Financially, The Urban Warehouse Skate 4 Education shows a mixed picture. Cash reserves have plummeted 73% to £20,000, while creditors have significantly decreased by 56% to £93,000. Trade debtors have increased dramatically by 1200%, reaching £53,000, which could indicate challenges in collecting payments. Equity, however, has improved substantially, rising from a negative £69,000 to a positive £34,000—a welcome turnaround. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in cash and the large increase in debtors suggest potential liquidity concerns. The accounts are abridged and unaudited, and no auditor is mentioned.

Overall, The Urban Warehouse Skate 4 Education appears to be navigating a period of transition. While its social mission and community engagement are strong, the financial data indicates a need for careful management of cash flow and collections. It's clear that the organization is working hard to build a sustainable model, but the numbers suggest it's still facing some hurdles.

Registered in England/Wales under the registration number 08299760, with a registered address at EC1N 8UN, England, London, 4th Floor 18 St. Cross Street.

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