Vintage Cash Cow moves to purpose-built building in Leeds following rapid growth

The company has tripled in size in the past year alone after receiving over 71,000 boxes from customers, re-homing 250,000 cameras and 340,000 watches, and growing 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 its new purpose-built facility on Gelderd Road in June.

The move will allow the team to reach its goal of reselling a quarter of a million boxes every year using a combination of expertise and automation.

During this time, it aims to grow the team to over 400 staff.

David Weaver, co-founder of Vintage Cash Cow, inset, 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. 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 gives users the opportunity to declutter their house in one go and earn extra money, free of charge.

Customers box up their unwanted items, post them for free, receive a valuation within three working days, and choose to either accept the offer or have all their items returned for free.

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.

Occasionally, the company also takes to the road, staging roadshows across the UK because, it said, some people prefer to bring their items in person for a personal appraisal and offer.

Worldwide art and antiques sales increased three per cent year-on-year to an estimated $67.8bn (£54.8bn) in 2022, according to The Art Basel and UBS Global Art Market Report 2023

The sales total is higher than the 2019 pre-pandemic level.

The US retained its premier position in the global ranks, with its share of sales by value increasing by two per cent year-on-year to 45 per cent. The UK market moved back into second place with 18 per cent of sales.