Euro Exchange Securities UK Limited (06409565): administration
- Status
- In administration
- Administration began
- 2026-06-11
- Administrators
- Duncan Perring, James Robert Bennett
- Administrators' firm
- Teneo
- Incorporated
- 2007-10-25
- Location
- Birmingham
- Industry
- 64999 Financial intermediation not elsewhere classified
Why it went into administration
- Regulatory change or action
- Loss-making contracts / project overruns
From the administrators' statement
The Company was incorporated on 25 October 2007 and operated from leasehold premises at 107 Great Portland Street, London W1W 6QG (“Head Office”) and via a branch at Calle de Apolonio Morales, 1, Chamartin, 28036 Madrid, Spain (“the Madrid branch’).
The Company was authorised on 20 July 2018 by the FCA as an authorised electronic money institution under the Electronic Money Regulations 2011 enabling it to issue e-money and provide associated payment services. Prior to the appointment of the Joint Special Administrators, the Company provided payment, foreign exchange and e-money related services to private individuals, corporate entities, merchants and financial institutions.
The Company’s services included multi-currency accounts, domestic and international payment processing, money transfers, debit and prepaid card services, merchant acquiring, currency exchange and family remittances. These services enabled customers to hold and transact in different currencies, make and receive payments, transfer funds across borders and access card-based payment services.
Administrators' statement of proposals (2026-08-13) · Companies House register