Vintage items reseller shifting to bigger premises following record expansion
Leeds-based company Vintage Cash Cow is relocating to a new purpose-built building this month as a result of record growth and increasing demand for its services across the country.
Starting as a crew of five in 2016, the business now employs over 160 staff in the local area, spanning appraisals, logistics, marketing, customer support, finance and marketplace.
The company has tripled in size in the past year alone, having received over 71,000 boxes from customers, re-homed 250,000 cameras and 340,000 watches and grown its headcount by 68.
This growth means Vintage Cash Cow has outgrown its Leeds city centre office on Leylands Road and will soon move into a new, state-of-the-art facility on Gelderd Road.
It means the company will be able to reach its goal of reselling a quarter of a million boxes every year using a combination of expertise and automation.
During this time, the business aims to grow its team to over 400 local staff.
David Weaver, who co-founded the company with Antony Charman, said: “In the short term, our plans are to continue to serve loyal and new customers in the UK and hone how we operate to provide better and better prices for our customers, alongside unparalleled convenience and customer care.
Antony Charman
“We’ve just secured £3m of angel funding to help us deliver this.
“Longer-term, our sights are set on international expansion; potential customers from as far afield as the US, South Africa and China already enquire about our services and we look forward to expanding internationally while maintaining and growing our Leeds base.”
The business converts thousands of unwanted vintage items into cash via pre-paid postage boxes.
Its service gives users the opportunity to declutter their house in one go and earn extra money. Vintage Cash Cow then sells items to auction houses, individuals, museums, institutions, and independent makers throughout the UK.
