Who Is IamSold Limited?
IamSold Limited is the UK’s largest auction service provider, specializing in both Traditional Auction and the Modern Method of Auction (MMoA).
Founded in 2009 by Jamie Cooke and Ben Ridgway, IamSold is part of the iamproperty Group and operates in collaboration with over 6,500 estate agency branches across the UK.
The company addresses the traditional property market’s shortcomings, providing a faster and more secure alternative to conventional sales methods.
IamSold’s mission is to revolutionize property transactions through innovative auction solutions, combining traditional practices with modern technology to facilitate smoother, faster sales.
The company’s commitment to excellence is reflected in its customer-focused approach and collaborative partnerships with estate agents.
Who Are the Directors and Officers of IamSold Limited?
IamSold Limited is managed by a dynamic team of directors with substantial experience in real estate and financial management.
Below is an overview of the company’s key officers:
Name | Role | Appointed On | Nationality | Occupation | Country of Residence |
Jamie Patrick Cooke | Director | 21 October 2009 | British | Director | United Kingdom |
Benjamin Thomas Ridgway | Director | 21 October 2009 | British | Director | United Kingdom |
Eoghan Johnston | Director | 29 November 2017 | British | Chartered Accountant | United Kingdom |
This leadership structure combines strategic auction expertise and financial acumen, enabling IamSold to maintain its market-leading position in the UK property auction sector.
What Is the Company’s Capital Structure and Financial Status?
IamSold Limited is a Private Limited Company, registered under Company Number 07051399. Incorporated on 21 October 2009, the company operates from its registered office at: 6th Floor, Arden House, Regent Centre, Gosforth, Newcastle upon Tyne, NE3 3LU, United Kingdom
Financial Details
Financial Metric | Details |
Company Type | Private Limited Company |
Incorporation Date | 21 October 2009 |
Registered Office Address | Arden House, Regent Centre, NE3 3LU |
Last Accounts Made Up To | 31 October 2023 |
Next Accounts Due By | 31 July 2025 |
Last Confirmation Statement | 21 October 2024 |
Next Statement Due By | 4 November 2025 |
IamSold’s active involvement in the property auction market and its sustained growth are clear indicators of its robust financial standing and operational success.
What Services and Unique Features Does IamSold Limited Offer?
IamSold Limited offers a comprehensive range of auction services aimed at accelerating property transactions while maintaining high standards of transparency and security. The company specializes in two core auction methods:
1. Modern Method of Auction (MMoA)
- Enhanced Speed and Security: Aims to complete transactions within 56 days, compared to traditional methods that often exceed 100 days.
- Non-Refundable Deposit: Secures the transaction post-auction, minimizing fall-through rates.
- Alternative to Private Treaty: Offers a structured, clear, and secure way to purchase property.
2. Traditional Auction
- Complete Auction Management: End-to-end service from marketing to final sale.
- Experienced Specialists: Auction experts guide estate agents and sellers through the process.
- Fast Completion: Transactions are completed on the fall of the gavel, ensuring immediate sale finalization.
Unique Features and Benefits
Feature | Benefit |
Speed and Security | Auctions conclude faster than traditional private treaty sales. |
Transparency | Buyers and sellers are provided with complete clarity throughout the process. |
Technology-Driven Solutions | Modern auction platforms ensure round-the-clock bidding and seamless transactions. |
Estate Agent Collaboration | Works with over 6,500 branches to maximize property exposure. |
No Extra Cost to Agents | Provides auction solutions without additional fees to partnered estate agents. |
How Can Clients or Partners Contact IamSold Limited?
IamSold Limited maintains open and accessible communication channels for estate agents, buyers, and sellers. Here are the key contact details:
Contact Method | Details |
Website | iamsold.co.uk |
Registered Office | 6th Floor, Arden House, Regent Centre, Gosforth, Newcastle upon Tyne, NE3 3LU |
Phone Number | 0345 646 0302 |
enquiries@iam-sold.co.uk |
With a robust customer support structure, IamSold ensures that clients and partners can easily reach out for assistance or further information.
Why Choose IamSold Limited?
IamSold Limited stands at the forefront of the UK’s property auction sector by offering unparalleled speed, security, and innovative technology in the auction process.
As part of the iamproperty Group, the company’s commitment to modernizing property transactions is evident through its pioneering of the Modern Method of Auction (MMoA).
Key reasons to choose IamSold include:
- Market Leadership: The largest auction service provider in the UK.
- Innovative Approach: Combines traditional auction methods with modern technology.
- Proven Success: Over 10,000 properties sold annually, generating sales of over £1.93 billion.
- Collaborative Network: Works with thousands of estate agents to deliver comprehensive auction services.
- Client-Centric: Maintains transparent, secure, and efficient property transactions.
With IamSold, estate agents and clients benefit from faster sales, reduced fall-through rates, and greater transaction security.
As a multi-award-winning company, IamSold continues to innovate and support its partners with industry-leading solutions, setting the standard for property auctions in the UK.