Leeds based antique specialist opens new purpose-built HQ amid record growth

Leeds based company Vintage Cash Cow has announced its relocation to a new purpose-built building in June as a result of record growth and increasing demand for its services across the country.

Starting as a crew of five in 2016, Vintage Cash Cow 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 rapid growth means Vintage Cash Cow has outgrown its Leeds city centre office on Leylands Road and will move into their new, “state-of-the-art”, purpose-built facility on Gelderd Road in June.

The move will allow them to reach their goal of reselling a quarter of a million boxes every year using a unique combination of expertise and automation. During this time, they aim to grow the team to over 400 local staff.

David Weaver, co-founder at Vintage Cash Cow, commented: “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. 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 whilst maintaining and growing our Leeds base.”

Vintage Cash Cow converts thousands of unwanted vintage items into cash via pre-paid postage boxes. The service is the first of its kind and gives users the opportunity to declutter their house in one go and earn extra money, completely free of charge.

Committed to fuelling the circular economy and ensuring that no item ends up in a landfill, Vintage Cash Cow then sells items to auction houses, individuals, museums, institutions, and independent makers throughout the UK.

By Matthew Neville – Senior Correspondent, Bdaily

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