Lds (Shetland) Ltd

Reference number: 1014901

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Introducer appointed representative

This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.

What does this mean?
  • An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own.
  • LDS (SHETLAND) LTD (FRN 1014901) introduces customers to Switcha Limited (FRN 828963). Any regulated advice or arranging is done by the principal, not LDS (SHETLAND).
  • Example: if LDS (SHETLAND) refers you to a financial adviser, the advice should come from the principal firm, not from LDS (SHETLAND) itself.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

  • No website on the FCA register

  • Phone number

    01595 692943

  • Address

    4 Hillcrest, Lerwick, Shetland, Shetland Islands, ZE1 0ST, United Kingdom

In the full report: 2 background checks

  • What kind of line 01595 692943 is
  • Who else gives the postcode ZE1 0ST
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Other names (2)

If you were contacted under any of these names, it is this firm.

  • Muddy Bay Trading name: A name it trades under now.
  • Shetland Mobility Trading name: A name it trades under now.

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Switcha Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Private limited company
Incorporated
1 April 2016 (10 years old)
Registered office
4 Hillcrest, Lerwick, Shetland, ZE1 0ST, United Kingdom
Nature of business
  • Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store (SIC 47599)

Directors and company secretaries

Name Role Born Appointed Other companies
Debbie Leask Director Sep 1974 1 Apr 2016 3 other companies
Stuart Angus Leask Director Dec 1970 1 Apr 2016 4 other companies

Other companies run by these 2 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
4
closed down
2
run together
3

In the full report: all 4 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 3 companies these 2 directors run together
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Key dates in its history

Lds (Shetland)’s history from the FCA register and Companies House, newest first.

2024

1 June 2024

  • Became an introducer appointed representative

FCA register

2016

6 April 2016

  • Debbie Leask became a part-owner (25–50% of shares)
  • Stuart Angus Leask became a part-owner (25–50% of shares)

Companies House

1 April 2016

  • Incorporated at Companies House

Companies House

In the full report: all 8 events

  • All 8 events in its history (4 shown here)
  • Every director appointment and resignation: 2
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Firms like Lds (Shetland)

Other firms of the same type (retailer), nearest first.

Elsewhere in the UK

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Lds (Shetland)

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 4 other companies its directors have run, named
  • 2 background checks on its contact details
  • All 8 events in its history

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Frequently asked questions about this firm

Is Lds (Shetland) Ltd FCA authorised?
Lds (Shetland) Ltd (FRN 1014901) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does introducer appointed representative mean for Lds (Shetland)?
An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own. Lds (Shetland) Ltd (FRN 1014901) introduces customers to Switcha Limited (FRN 828963). Any regulated advice or arranging is done by the principal, not Lds (Shetland). Example: if Lds (Shetland) refers you to a financial adviser, the advice should come from the principal firm, not from Lds (Shetland) itself. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
What is Lds (Shetland)’s phone number?
The FCA register lists the phone number 01595 692943 for Lds (Shetland). If you were given different contact details, use these to check with the firm before going any further.
Is Lds (Shetland) a scam or clone?
Lds (Shetland) is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Lds (Shetland)?
Protection works through Switcha Limited, the principal firm responsible for Lds (Shetland)'s regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Lds (Shetland)?
Companies House lists 2 people with significant control of Lds (Shetland): Mr Stuart Angus Leask (25–50% of shares) and Mrs Debbie Leask (25–50% of shares).
Who runs Lds (Shetland)?
Companies House lists 2 directors of Lds (Shetland): Debbie Leask and Stuart Angus Leask.
How long has Lds (Shetland) been in business?
The company was formed on 1 April 2016.
Does Lds (Shetland) use any other names?
It trades as Muddy Bay and Shetland Mobility.

Sources and links

The full report on Lds (Shetland) Ltd

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