HomeCompanies in LiquidationInternational Currency Exchange Limited

Is International Currency Exchange Limited in creditors' voluntary liquidation?

Last verified 5 June 2026
In Creditors' Voluntary LiquidationYes, International Currency Exchange Limited (company number 02080759) entered creditors' voluntary liquidation on 14 October 2023, by its creditors. Paul James Meadows of Teneo Financial Advisory Limited was appointed as liquidator.

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International Currency Exchange Limited is now in creditors' voluntary liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.

How the case progressed

  1. Administration
    11 November 2021
  2. Creditors' voluntary liquidation
    14 October 2023 · Teneo Financial Advisory Limited

Company at a glance

StatusIn Creditors' Voluntary Liquidation
Company number02080759
Previously known as
  • International Currency Exchange Public Limited Company, Dec 1986 to Jan 2016
Incorporated4 December 1986 (40 years old)
Registered officeC/O TENEO FINANCIAL ADVISORY LIMITED, The Colmore Building 20 Colmore Circus Queensway, Birmingham, B4 6AT
Nature of business (SIC)82990: Other business support service activities n.e.c.
Date entered creditors' voluntary liquidation14 October 2023
LiquidatorPaul James Meadows, Teneo Financial Advisory Limited (licensed insolvency practitioner)
Official noticeView the official notice ↗
Statement of AffairsFiled 8 January 2022, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

International Currency Exchange Limited is a UK limited company based in Birmingham, incorporated in 1986 and 37 years old when the liquidator was appointed. Its registered activity is other business support service activities n.e.c. (SIC 82990). There have been 18 director appointments since incorporation, of which 7 were on the board when the liquidator was appointed, alongside 1 person with significant control. 15 charges have been registered against the company, 5 of which are still outstanding.

Directors

18 people have been appointed as directors of International Currency Exchange Limited.

DirectorStatusResigned
Zulfikarally Gulamali Tejani+ 1 otherActive
Hassanali Gulamali Tejani+ 1 otherActive
Kurush Phiroze Sarkari+ 2 othersActive
James Michael Alexander Vallance+ 1 otherActive
Firozali Gulamali Tejani+ 1 otherActive
Nizarali Gulamali Tejani+ 2 othersActive
11 former directors · resigned 1992 to 2020
Paul Glossop+ 1 otherResigned30 Sep 2020
Adrian Philip White+ 1 otherResigned31 Aug 2015
Trevor Eric Johnson+ 1 otherResigned30 Jun 2014
Kreeson Thathiah+ 1 otherResigned30 Apr 2014
Michael John McDonald+ 1 otherResigned2 Dec 2004
Richard John Collier+ 1 otherResigned5 Apr 2004
Amin Haji RajanResigned26 Sep 2002
Alan Miles+ 1 otherResigned26 Sep 2002
Trevor Eric Johnson+ 1 otherResigned25 Jan 2001
Stephen Clive FraserResigned1 Oct 1998
Alan Miles+ 1 otherResigned21 Sep 1992

A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.

Persons with significant control

Individuals or entities with significant influence or control.

Charges register

Secured creditors and encumbrances against the company. 5 outstanding · 10 satisfied.

Status · Creditor · Type · Dates
OutstandingFirozali Gulamali Tejani
A registered charge · Created 19 Dec 2014 · Pending
OutstandingZulfikarally Tejani
A registered charge · Created 19 Dec 2014 · Pending
OutstandingNizarali Tejani
A registered charge · Created 19 Dec 2014 · Pending
OutstandingHassanali Gulamali Dharamshi Tejani
A registered charge · Created 19 Dec 2014 · Pending
OutstandingBarclays Bank PLC
Guarantee & debenture · Created 9 Jun 2006 · Pending
9 earlier charges · 1990 to 2004
SatisfiedLombard North Central PLC
Chattel mortgage · Created 13 Sep 2004 · Satisfied 5 Feb 2010
SatisfiedThe Trustees of the Lenlyn UK Limited Executive Pension Scheme
Debenture · Created 26 Feb 2004 · Satisfied 28 Jan 2016
SatisfiedLloyds Tsb Bank PLC
An omnibus letter of set-off · Created 15 May 2003 · Satisfied 5 Feb 2010
SatisfiedLloyds Bank PLC
Assignment of policy · Created 3 Nov 1994 · Satisfied 5 Feb 2010
SatisfiedLloyds Bank PLC
Assignment of policy · Created 29 Oct 1993 · Satisfied 16 Nov 1994
SatisfiedLloyds Bank PLC
Assignment of policy · Created 6 Oct 1993 · Satisfied 28 Jan 2016
SatisfiedLloyds Bank PLC
Single debenture · Created 17 Aug 1993 · Satisfied 15 Aug 2006
SatisfiedBanque Bruxelles Lambert S.A.
Memorandum of security · Created 5 Jun 1992 · Satisfied 5 Feb 2010
SatisfiedLloyds Bank PLC
Mortgage · Created 8 Mar 1990 · Satisfied 17 Oct 1997
SatisfiedBanque Bruxelles Lambert S.A.
Fixed and floating charge · Created 26 Nov 1987 · Satisfied 23 Jul 1992

What happened

EventDateType
Liquidators' statement of receipts and payments18 December 2025LIQ03
Appointment of a voluntary liquidator14 August 2025600
Removal of liquidator by court order14 August 2025LIQ10
Liquidators' statement of receipts and payments18 December 2024LIQ03
Appointment of a voluntary liquidator3 January 2024600
185 earlier events · 1986 to 2024
Removal of liquidator by court order3 January 2024LIQ10
Appointment of a voluntary liquidator31 October 2023600
Notice of move from Administration case to Creditors Voluntary Liquidation14 October 2023AM22
Registered office address changed20 May 2023AD01
Administrator's progress report15 May 2023AM10
Administrator's progress report15 November 2022AM10
Notice of extension of period of Administration10 October 2022AM19
Registered office address changed14 September 2022AD01
Administrator's progress report12 May 2022AM10
Statement of affairs8 January 2022AM02
Result of meeting of creditors2 December 2021AM07
Statement of administrator's proposal11 November 2021AM03
Appointment of an administrator11 November 2021AM01
Registered office address changed1 November 2021AD01
Registered office address changed8 June 2021AD01
Confirmation statement made with no updates9 December 2020CS01
Termination of appointment as a director5 October 2020TM01
Registered office address changed18 March 2020AD01
Group of companies' accounts made up18 December 2019AA
Confirmation statement made with no updates5 December 2019CS01
Registered office address changed4 April 2019AD01
Registered office address changed15 March 2019AD01
Confirmation statement made with no updates5 December 2018CS01
Group of companies' accounts made up3 December 2018AA
Confirmation statement made with updates13 December 2017CS01
Director's details changed28 November 2017CH01
Group of companies' accounts made up18 September 2017AA
Confirmation statement made with updates15 December 2016CS01
Group of companies' accounts made up16 November 2016AA
Director's details changed25 August 2016CH01
Statement of company's objects3 February 2016CC04
Satisfaction of charge in full28 January 2016MR04
Satisfaction of charge in full28 January 2016MR04
Certificate of re-registration from Public Limited Company to Private22 January 2016CERT10
Re-registration of Memorandum and Articles22 January 2016MAR
Resolutions22 January 2016RESOLUTIONS
Re-registration from a public company to a private limited company22 January 2016RR02
Annual return made up with full list of shareholders14 December 2015AR01
Termination of appointment as a secretary8 September 2015TM02
Appointment as a secretary8 September 2015AP03
Group of companies' accounts made up3 September 2015AA
Appointment as a director6 May 2015AP01
Registration of charge , created8 January 2015MR01
Registration of charge , created24 December 2014MR01
Registration of charge , created24 December 2014MR01
Registration of charge , created24 December 2014MR01
Annual return made up with full list of shareholders5 December 2014AR01
Auditor's resignation14 October 2014AUD
Auditor's resignation17 September 2014AUD
Auditor's resignation17 September 2014AUD
Group of companies' accounts made up9 September 2014AA
Registered office address changed8 September 2014AD01
Miscellaneous4 September 2014MISC
Termination of appointment as a director1 July 2014TM01
Termination of appointment as a director30 April 2014TM01
Annual return made up with full list of shareholders5 December 2013AR01
Group of companies' accounts made up28 August 2013AA
Annual return made up with full list of shareholders7 December 2012AR01
Director's details changed6 December 2012CH01
Group of companies' accounts made up3 September 2012AA
Director's details changed9 August 2012CH01
Director's details changed26 June 2012CH01
Director's details changed22 May 2012CH01
Director's details changed12 December 2011CH01
Annual return made up with full list of shareholders9 December 2011AR01
Director's details changed9 December 2011CH01
Director's details changed9 December 2011CH01
Director's details changed9 December 2011CH01
Director's details changed9 December 2011CH01
Director's details changed9 December 2011CH01
Secretary's details changed9 December 2011CH03
Director's details changed9 December 2011CH01
Group of companies' accounts made up30 August 2011AA
Appointment as a director5 August 2011AP01
Annual return made up with full list of shareholders6 December 2010AR01
Director's details changed6 December 2010CH01
Director's details changed6 December 2010CH01
Director's details changed6 December 2010CH01
Director's details changed6 December 2010CH01
Group of companies' accounts made up1 September 2010AA
Legacy10 February 2010MG02
Legacy8 February 2010MG02
Legacy8 February 2010MG02
Legacy8 February 2010MG02
Annual return made up with full list of shareholders10 December 2009AR01
Director's details changed7 December 2009CH01
Director's details changed7 December 2009CH01
Group of companies' accounts made up26 September 2009AA
Legacy10 December 2008363a
Legacy10 December 2008288c
Group of companies' accounts made up29 September 2008AA
Legacy5 December 2007363a
Group of companies' accounts made up1 October 2007AA
Legacy12 July 2007288a
Legacy12 July 2007288a
Legacy11 December 2006363a
Group of companies' accounts made up5 October 2006AA
Legacy15 August 2006403a
Legacy20 June 2006395
Legacy14 December 2005363s
Legacy8 September 2005288c
Legacy15 August 2005288c
Group of companies' accounts made up12 August 2005AA
Legacy29 July 2005288c
Legacy24 May 2005288c
Legacy9 December 2004288b
Legacy9 December 2004288a
Legacy22 November 2004363s
Legacy17 September 2004395
Group of companies' accounts made up11 August 2004AA
Legacy19 April 2004288b
Legacy9 March 2004395
Legacy16 December 2003363s
Group of companies' accounts made up18 September 2003AA
Legacy24 May 2003395
Group of companies' accounts made up20 January 2003AA
Legacy18 December 2002363s
Legacy3 October 2002288b
Legacy3 October 2002288b
Legacy3 October 2002288a
Legacy13 December 2001363s
Group of companies' accounts made up15 August 2001AA
Legacy1 March 2001288a
Legacy12 February 2001288a
Legacy12 February 2001288b
Legacy7 December 2000363s
Full group accounts made up14 September 2000AA
Legacy23 December 1999363a
Full group accounts made up22 September 1999AA
Legacy28 July 1999288a
Legacy18 March 1999288a
Legacy30 December 1998363a
Legacy29 September 1998288b
Full group accounts made up28 September 1998AA
Legacy23 January 1998363a
Full group accounts made up2 January 1998AA
Legacy17 October 1997403a
Legacy2 September 1997244
Legacy19 January 1997363a
Legacy14 January 1997225
Legacy9 January 1997353a
Full accounts made up19 December 1996AA
Legacy16 May 1996287
Full group accounts made up28 December 1995AA
Legacy28 December 1995363s
Memorandum and Articles of Association24 February 1995MEM/ARTS
Legacy16 February 1995288
A selection of mortgage documents registered before 1 January 19951 January 1995PRE95M
A selection of documents registered before 1 January 19951 January 1995PRE95
Full group accounts made up8 December 1994AA
Legacy8 December 1994363s
Legacy18 November 1994395
Legacy16 November 1994403a
Full group accounts made up7 January 1994AA
Legacy7 January 1994363s
Legacy1 November 1993395
Legacy22 October 1993395
Legacy3 September 1993395
Full group accounts made up4 January 1993AA
Legacy4 January 1993363s
Legacy5 October 1992288
Legacy23 July 1992403a
Legacy17 June 1992395
Legacy13 April 1992288
Full group accounts made up22 January 1992AA
Legacy22 January 1992363s
Legacy21 January 1991363a
Full group accounts made up9 January 1991AA
Legacy12 March 1990395
Legacy5 January 1990363
Full group accounts made up15 December 1989AA
Full accounts made up12 December 1988AA
Legacy12 December 1988363
Legacy22 February 1988225(1)
Legacy10 December 1987395
Legacy8 May 1987PUC(U)
Application to commence business8 April 1987117
Legacy25 March 1987288
Legacy5 February 1987224
Legacy17 January 1987288
A selection of documents registered before 1 January 19871 January 1987PRE87
Legacy27 December 1986287
Legacy8 December 1986REREG(U)
Miscellaneous4 December 1986MISC
Certificate of Incorporation4 December 1986CERTINC
Incorporation4 December 1986NEWINC

What this means for you

If you are a creditor

Submit your proof of debt to the liquidator (Teneo Financial Advisory Limited). Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.

Owed money by a company in liquidation

If you are an employee

Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.

Employee rights and redundancy pay

If you are a customer

Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.

What customers can recover

If you are a supplier

Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.

How retention of title works

Don't be the last to know next time

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Other companies in creditors' voluntary liquidation

All UK companies in creditors' voluntary liquidation

Related guides

What is a validation order?The order debts are paidWarning signs in your other customersWhat the filings mean

The bigger picture

The state of UK insolvency

Frequently asked questions

Is International Currency Exchange Limited in creditors' voluntary liquidation?
Yes. International Currency Exchange Limited (company number 02080759) entered creditors' voluntary liquidation on 14 October 2023, by its creditors. Paul James Meadows of Teneo Financial Advisory Limited was appointed as liquidator.
Who is the liquidator of International Currency Exchange Limited?
Paul James Meadows, a licensed insolvency practitioner at Teneo Financial Advisory Limited, was appointed liquidator of International Currency Exchange Limited on 14 October 2023. Creditors can contact the liquidator directly to submit a claim.
What does International Currency Exchange Limited do?
International Currency Exchange Limited's registered nature of business is other business support service activities n.e.c. (SIC 82990).
Where is International Currency Exchange Limited based?
International Currency Exchange Limited's registered office is C/O TENEO FINANCIAL ADVISORY LIMITED, The Colmore Building 20 Colmore Circus Queensway, Birmingham, B4 6AT. The registered office is the address held on the public register, which is not always the trading address.
When was International Currency Exchange Limited founded?
International Currency Exchange Limited was incorporated on 4 December 1986, 37 years before the liquidator was appointed.
What is International Currency Exchange Limited's company number?
International Currency Exchange Limited's registered company number is 02080759.
Who has significant control of International Currency Exchange Limited?
1 active person with significant control over International Currency Exchange Limited is on the register: Lenlyn Holdings Limit.
Does International Currency Exchange Limited have any outstanding charges?
5 outstanding charges are registered against International Currency Exchange Limited out of 15 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
What does liquidation mean for creditors of International Currency Exchange Limited?
Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
How long does liquidation take?
Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
Will creditors get paid in International Currency Exchange Limited's liquidation?
Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.

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