Lobster Lending Limited

Reference number: 1019515

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On the register, but not FCA authorised

This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.

What does this mean?
  • Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
  • What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
  • It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
  • So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.

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

  • No phone number on the FCA register

  • Address

    8 Fore Street, Camelford, Cornwall, PL32 9PG, United Kingdom

In the full report: 1 background check

  • Who else gives the postcode PL32 9PG
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Past FCA permissions and consumer protection

  • Money-laundering registration only
    This firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.

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 number
07083183
Company status
Active
Company type
Private limited company
Incorporated
21 November 2009 (16 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Daniel Mcdougall Sproull Director Jun 1967 21 Nov 2009 6 other companies
Dugald Sproull Director Jun 1943 21 Nov 2009 5 other companies
Zoe Sproull Director Apr 1975 19 Dec 2024 2 other companies

Other companies run by these 3 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
7
still active
7
is FCA-registered
1

In the full report: all 7 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The one on the FCA register
  • The 4 companies these 3 directors run together
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Filed accounts and finances

Year to 30 April 2026Full accountsAudited

Cash at bank

£979k

−10% from £1.09m

Owed within a year

£2.15m

+11% from £1.93m

In the full report: all 7 years of accounts

  • Every year from 2020 to 2026
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

Accounts filed at Companies House for company 07083183. Figures are exactly as filed; nothing is estimated.

Key dates in its history

Lobster Lending’s history from the FCA register and Companies House, newest first.

Key events (7) All events (10)

2025

7 January 2025

  • Registered with the FCA

FCA register

2021

7 December 2021

  • Daniel McDougall Sproull stopped being a part-owner
  • Devon & Cornwall Holdings Ltd took control (75–100% of shares)
  • Dugald Sproull stopped being a part-owner

Companies House

2016

6 April 2016

  • Daniel McDougall Sproull became a part-owner (25–50% of shares)
  • Dugald Sproull became a part-owner (25–50% of shares)

Companies House

2009

21 November 2009

  • Incorporated at Companies House

Companies House

In the full report: all 10 events

  • All 10 events in its history (7 shown here)
  • Every director appointment and resignation: 3
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Firms connected to Lobster Lending

Other FCA-listed firms that share a director, phone number or address with Lobster Lending. A link shows who the firm is tied to, not whether either can be trusted.

connected firm
1
share a director
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: shared directors (1), the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Get the full report on Lobster Lending

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

  • 7 other companies its directors have run, named
  • 1 background check on its contact details
  • 7 years of accounts, charted
  • All 10 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Lobster Lending Limited FCA authorised?
Lobster Lending Limited (FRN 1019515) is registered with the FCA under the Money Laundering Regulations only. That is anti-money-laundering supervision, not FCA authorisation, and the FCA does not supervise the firm's conduct.
Is Lobster Lending a scam or clone?
Lobster Lending is genuinely on the FCA's money-laundering register, so it is not an outright fake, but registration is not authorisation, and scammers impersonate registered firms too. Verify contact details against the register before sending money.
Is my money safe with Lobster Lending?
Money you hand to Lobster Lending is not protected by the FSCS. Money-laundering registration carries no compensation scheme, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.
Who owns Lobster Lending?
Lobster Lending is owned by Devon & Cornwall Holdings Ltd, which holds 75–100% of shares and 75–100% of votes, since 7 December 2021. Before that, it was controlled by Mr Dugald Sproull and Mr Daniel McDougall Sproull.
Who runs Lobster Lending?
Companies House lists 3 directors of Lobster Lending: Daniel McDougall Sproull, Dugald Sproull and Zoe Sproull.
How long has Lobster Lending been in business?
The company was formed on 21 November 2009.
What do Lobster Lending’s latest accounts show?
Its latest accounts, to 30 April 2026, show cash at bank of £979k (−10% from £1.09m).

Sources and links

The full report on Lobster Lending Limited

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