Cash Converters Business Summary

Cash Converters is a leading second-hand retailer and personal finance solutions provider in the UK. The company was established in 1991, and since then, it has been serving customers with affordable solutions that give them freedom of choice.

Overview

Cash Converters operates both physical stores and an online platform where customers can buy, sell, or borrow against their items. The company prides itself on making life more affordable by allowing customers to buy things at lower prices, sell items they no longer want for instant cash, and borrow against things they own but do not wish to part with.

Operations

The business of Cash Converters revolves around buying and selling second-hand items and providing financial services. Customers can sell items of value for instant cash and buy thousands of items online from the UK's largest second-hand high street retailer. In addition to this, the company also lends money against items of value.

Services and Products

The company has various categories for items that can be bought or sold. These include:

• Consoles & Equipment
• Cameras
• Laptops
• Musical Instruments
• Jewellery
• Phones
• Fashion Accessories
• Games (Discs & Cartridges)
• Tablets & Laptops
• Desktop PCs & Monitors
• Peripherals & Accessories
• CDs, DVDs, Blu-Rays & Vinyl (Music, Movies & TV Shows)
• Collectables
• Hobbies
• Toys
• Indoor Sports
• Camping & Travel
• Exercise Equipment
• Cars, Motorbikes & Parts
• Boats & Parts
• Power Tools & Industrial
• Hand Tools
• Safety Gear & Storage
• Lighting & Security
• Cooking & Dining
• Cooling & Heating
• Cleaning & Laundry
• Furniture & Decorations
• Home Office & Business Equipment

Locations

With over 180 stores around the UK, and 100,000's of items online – all at amazing prices, Cash Converters is easily accessible for customers. The company has a strong local presence, which has contributed significantly to its success.

Privacy and Data Collection

Cash Converters collects user data for various purposes, including functional, statistical, and marketing. The company uses cookies and other technologies to gather information about users. Users can choose to accept or decline these cookies and can withdraw their consent at any time.

Company History and Milestones

Cash Converters started in Australia in 1984, and the first international store opened in Essex, UK, in 1991. The first Cash Converters UK website was released in 2001. The company reached 500 stores worldwide in 2009. In 2012, they released their first e-Commerce website. In 2020, Sam Budiselik was appointed Managing Director and CEO of Cash Converters International. In 2021, the company celebrated its 30th anniversary in the UK.

Regulation

Cash Converters (UK) Limited is registered in England number 03096334 and is authorised and regulated by the Financial Conduct Authority for consumer credit activities under Firm Reference Number 656489. The company's registered office is located at Artisan Hillbottom Road, Sands Industrial Estate, High Wycombe, England, HP12 4HJ.

In conclusion, Cash Converters offers a unique blend of retail and financial services, making it a one-stop solution for customers looking for affordability and convenience. The company's commitment to customer service, data privacy, and regulation compliance further enhances its reputation as a reliable second-hand retailer and personal finance solutions provider.