No 1 Currency Limited (01968932): administration
- Status
- Administration ended
- Administration began
- 2020-07-27
- Administrators' firm
- FRP Advisory
- Formerly
- Fexco Limited; Foreign Exchange Company Limited; Foreign Exchange Company (UK) Limited
- Incorporated
- 1985-12-05
- Location
- Manchester
- Industry
- 64205 Activities of financial services holding companies
Why it went into administration
- COVID-19
From the administrators' statement
The Company was incorporated in 1985 and has since traded as a national Bureau de Change service employing 419 employees across the UK.
The Company traded 67 leased high street locations across the UK and also had presence in 54 Morrisons kiosks and held a network of over 200 agents.
The Company owns the freehold to the head: offices located at 13/15 Galena Road, . Hammersmith, London, W6 OLT. Further details of this a are can be found in the main body of this report.
Administrators' statement of proposals (2020-08-19) · Companies House register