Shavo UK Limited

Reference number: 712051

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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.

In the full report: 3 background checks

  • When glasgowvaults.co.uk first appeared online, and whether it can receive email
  • What kind of line 0141 340 9906 is
  • Who else gives the postcode G41 2PE
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Other names (1)

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

  • Glasgow Vaults Trading name

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
SC498278
Company status
Active
Company type
Private limited company
Incorporated
19 February 2015 (11 years old)
Registered office
10-12 Albert Drive, Glasgow, G41 2PE, Scotland
Nature of business
  • Other service activities not elsewhere classified (SIC 96090)

Directors and company secretaries

Name Role Born Appointed Other companies
Seamus Oliver Fahy Director Mar 1968 19 Feb 2015 3 other companies
Nazia Ramzan Director Mar 1976 1 Mar 2023 12 other companies
David Anthony Walsh Director Oct 1946 28 Oct 2025 13 other companies
Ultan Eamonn Mcgrath Secretary Not published 28 Oct 2025 –

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
13
closed down
1
are FCA-registered
9

In the full report: all 13 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 9 on the FCA register
  • The 12 companies these 3 directors run together
  • All 5 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2024Full accountsNot audited

Net assets

£175k

Up £162k from £13.4k

Cash at bank

£12.1k

−13% from £13.8k

Owed within a year

£729k

+19% from £614k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2019 to 2024
  • 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 SC498278. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Shavo UK’s history from the FCA register and Companies House, newest first.

Key events (4) All events (12)

2016

6 April 2016

  • David Richard Walsh became a part-owner (25–50% of shares)
  • Seamus Oliver Fahy became a part-owner (25–50% of shares)

Companies House

2015

24 September 2015

  • Registered with the FCA

FCA register

19 February 2015

  • Incorporated at Companies House

Companies House

In the full report: all 12 events

  • All 12 events in its history (4 shown here)
  • Every director appointment and resignation: 7
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Firms connected to Shavo UK

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

connected firms
9
share a director
9

In the full report: all 9 connected firms, named

  • How each is linked: shared directors (9)
  • Who links each one: the named directors, with dates
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Get the full report on Shavo UK

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

  • 13 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 12 events in its history
  • 9 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Shavo UK Limited FCA authorised?
Shavo UK Limited (FRN 712051) 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.
What is Shavo UK’s phone number and website?
The FCA register lists the phone number 0141 340 9906 and the website glasgowvaults.co.uk for Shavo UK. If you were given different contact details, use these to check with the firm before going any further.
Is Shavo UK a scam or clone?
Shavo UK 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 Shavo UK?
Money you hand to Shavo UK 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 Shavo UK?
Companies House lists 2 people with significant control of Shavo UK: Mr Seamus Oliver Fahy (25–50% of shares) and Mr David Richard Walsh (25–50% of shares).
Who runs Shavo UK?
Companies House lists 3 directors of Shavo UK: Seamus Oliver Fahy, Nazia Ramzan and David Anthony Walsh.
How long has Shavo UK been in business?
The company was formed on 19 February 2015.
What do Shavo UK’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of £175k (up £162k from £13.4k) and cash at bank of £12.1k (−13% from £13.8k).
Does Shavo UK use any other names?
It trades as Glasgow Vaults.

Sources and links

The full report on Shavo UK Limited

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