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International Currency Exchange Limited Is International Currency Exchange Limited in creditors' voluntary liquidation?
Last verified 5 June 2026
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.
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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
Administration
11 November 2021
Creditors' voluntary liquidation
14 October 2023 · Teneo Financial Advisory Limited
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 02080759 |
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| Previously known as | - International Currency Exchange Public Limited Company, Dec 1986 to Jan 2016
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| Incorporated | 4 December 1986 (40 years old) |
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| Registered office | C/O TENEO FINANCIAL ADVISORY LIMITED, The Colmore Building 20 Colmore Circus Queensway, Birmingham, B4 6AT |
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| Nature of business (SIC) | 82990: Other business support service activities n.e.c. |
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| Date entered creditors' voluntary liquidation | 14 October 2023 |
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| Liquidator | Paul James Meadows, Teneo Financial Advisory Limited (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 8 January 2022, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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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.
DirectorStatusAppointedResigned
+11 former directors · resigned 1992 to 2020
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.
Lenlyn Holdings Limit
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
Since 6 Apr 2016
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
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 Legacy11 December 2006363a Group of companies' accounts made up5 October 2006AA Legacy14 December 2005363s Legacy8 September 2005288c Group of companies' accounts made up12 August 2005AA Legacy9 December 2004288b Legacy9 December 2004288a Legacy22 November 2004363s Legacy17 September 2004395 Group of companies' accounts made up11 August 2004AA Legacy16 December 2003363s Group of companies' accounts made up18 September 2003AA Group of companies' accounts made up20 January 2003AA Legacy18 December 2002363s Legacy13 December 2001363s Group of companies' accounts made up15 August 2001AA 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 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 Legacy9 January 1997353a
Full accounts made up19 December 1996AA 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 Legacy3 September 1993395 Full group accounts made up4 January 1993AA Full group accounts made up22 January 1992AA Legacy22 January 1992363s Legacy21 January 1991363a Full group accounts made up9 January 1991AA Full group accounts made up15 December 1989AA Full accounts made up12 December 1988AA Legacy12 December 1988363 Legacy10 December 1987395 Legacy8 May 1987PUC(U)
Application to commence business8 April 1987117
Legacy5 February 1987224
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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See how Protect works, £24/mo →Other companies in creditors' voluntary liquidation
Related guides
The bigger picture
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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