IamSold Limited

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.

Who Is IamSold Limited

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
Email 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.

Jessica
Jessica

Blogger | Business Writer | Sharing startup advice on UK business blogs

Articles: 36

Leave a Reply

Your email address will not be published. Required fields are marked *

Index