Warehouse 505 Ltd

Warehouse 505 Ltd, based in Southampton, UK, is a small, active company founded five years ago. With a single employee and £78,101 in assets, it’s a solo-founded operation led by a director and owner, Clarke Andrew David Leslie. The company is a regular importer of cereal and milk-based food products, with four months of import activity recorded as of June 2024.

The company’s website, warehouse505.org, reveals a different focus: a nonprofit social enterprise and venue investing in Albuquerque's youth. Established in 2009, it provides a place for young people to learn and develop skills under mentorship within the creative arts and individual sports. Testimonials highlight the Warehouse’s positive impact on youth development and community engagement. It also operates a communal retail shop called La Bodega, showcasing student and local artist work. The site is well-maintained, with regular news updates and events listings.

Financially, Warehouse 505 Ltd presents a mixed picture. Cash reserves declined by 65% to £4,800, while current assets increased by 14% to £78,000. Creditors decreased by 21%, suggesting improved debt management, but trade debtors surged, reaching £18,000. Equity grew by 26% to £65,000, which is a good sign. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the increase in trade debtors could indicate challenges in collecting payments. The accounts are unaudited and were prepared by CASA Accountancy & Bookkeeping Ltd.

Overall, Warehouse 505 Ltd appears to be navigating a period of change. While the financial figures show some volatility, the organization’s commitment to youth development and community engagement suggests a strong foundation for long-term success.

Registered in England/Wales under the registration number 12450992, with a registered address at SO31 9FF, United Kingdom, Southampton, Hampshire, Unit 3k1, Vero Storage, 61 Brook Lane.

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