Shamshad Ahmed Ali

Reference number: 505361

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No longer authorised

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 16 August 2012.

This FCA record is no longer authorised, but the company is still on the register with full FCA authorisation under FRN 574679 →.

Same company

This company holds another FCA record

A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.

Identity

Check their details

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

  • Last known phone number

    01706 718888

  • Last known address

    32 Tweedale Street, Rochdale, OL11 1HH, United Kingdom

Also trades as
  • Sterling Currency Exchange Ltd

Company details

From the company's Companies House record.

Company name
LIGHTWAY FINANCE LIMITED
Company number
05621986
Company status
Active
Company type
Private limited company
Incorporated
14 November 2005 (20 years old)
Registered office
Aldgate Tower, 2 Leman Street, London, E1 8FA, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)
  • Travel agency activities (SIC 79110)

Current directors and secretaries

Name Role Born Appointed
Olufemi Agbesanwa Director Sep 1970 20 Oct 2021
Oluwabunmi Ayodele Odusanya Director Nov 1989 11 Oct 2022
Oluwabunmi Ayodele Odusanya Secretary Not published 23 Feb 2024

Check on the FCA register → Report a scam →

Activities and protection

What the record covers, and how you are protected

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

Previously registered as

The FCA register holds one earlier registered name for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • Sterling Currency Exchange Ltd

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Common questions

Frequently asked questions

Is Shamshad Ahmed Ali FCA authorised?
No. Shamshad Ahmed Ali (FRN 505361) is still listed on the FCA register, but the record is closed: no longer authorised.
Is my money safe with Shamshad Ahmed Ali?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with Shamshad Ahmed Ali has no cover, because it is no longer permitted to carry it out.
Is Shamshad Ahmed Ali a scam or clone?
Shamshad Ahmed Ali is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
What is Shamshad Ahmed Ali's Firm Reference Number (FRN)?
Shamshad Ahmed Ali's FRN is 505361. You can verify it on the FCA register.