Fusion Specialty UK Limited

Reference number: 820752

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Appointed representative

This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.

What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Fusion Specialty UK Limited (FRN 820752) is an AR of Pro MGA Solutions Ltd (FRN 770419). When you use Fusion Specialty UK's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Fusion Specialty UK, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • 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.

In the full report: 3 background checks, 1 thing worth a closer look

  • When fusion.insure first appeared online, and whether it can receive email
  • What kind of line 020 7173 5260 is, and the other firm that gives it
  • Whether EC3A 7BA is a shared office: 23 other firms give it
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Other names (2)

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

  • Fractal No2 Limited Former name: A name it was registered under before.
  • QOMPLX Underwriting Limited Former name: A name it was registered under before.

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Pro MGA Solutions Ltd, 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
28 August 2018 (8 years old)
Registered office
6 Bevis Marks, London, EC3A 7BA, England
Nature of business
  • Activities of insurance agents and brokers (SIC 66220)

Directors and company secretaries

Name Role Born Appointed Other companies
Hubert Alastair Speare Cole Director Sep 1959 28 Aug 2018 None
Daniel John Maleary Director Oct 1967 3 Apr 2019 None
Katherine Joan Simmonds Director Jun 1976 2 Nov 2023 None

In the full report: every company its directors have run

  • Confirmation that these 3 directors run no other company
  • All 11 people who have been directors, with their dates
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Filed accounts and finances

Year to 31 December 2019Full accountsAudited

Net assets

−£404k

No earlier figure to compare

Cash at bank

£68

No earlier figure to compare

Employees (average)

5

No earlier figure to compare

Net assets are negative: on its last balance sheet the company owed £404k more than it owned.

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 11538456. 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

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

2024

20 August 2024

  • Pop Group Holdings Ltd Pty gave up control
  • Pop Group Holdings Ltd Pty took control (75–100% of shares)

Companies House

2022

7 December 2022

  • Pop Insurance Holdings Pty Ltd gave up control

Companies House

23 May 2022

  • Changed its registered name from "QOMPLX Underwriting Limited"

FCA register

2019

2 August 2019

  • Changed its registered name from "Fractal No2 Limited"

FCA register

3 July 2019

  • Hubert Alastair Speare-Cole gave up control
  • Pop Insurance Holdings Pty Ltd took control (75–100% of shares)

Companies House

23 May 2019

  • Fractal Industries Limited gave up control
  • Hubert Alastair Speare-Cole took control (75–100% of shares)

Companies House

2018

13 September 2018

  • Became an appointed representative

FCA register

28 August 2018

  • Incorporated at Companies House
  • Fractal Industries Limited took control (75–100% of shares)

Companies House

In the full report: all 32 events

  • All 32 events in its history (12 shown here)
  • Every director appointment and resignation: 19
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Firms connected to Fusion Specialty UK

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

connected firm
1
share its phone number
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same phone number (1), the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like Fusion Specialty UK

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

In London

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 Fusion Specialty UK

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

  • Every company its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 32 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Fusion Specialty UK Limited FCA authorised?
Fusion Specialty UK Limited (FRN 820752) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Fusion Specialty UK?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Fusion Specialty UK Limited (FRN 820752) is an AR of Pro MGA Solutions Ltd (FRN 770419). When you use Fusion Specialty UK's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Fusion Specialty UK, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. 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 Fusion Specialty UK’s phone number and website?
The FCA register lists the phone number 020 7173 5260 and the website fusion.insure for Fusion Specialty UK. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Fusion Specialty UK a scam or clone?
Fusion Specialty UK 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 Fusion Specialty UK?
Protection works through Pro MGA Solutions Ltd, the principal firm responsible for Fusion Specialty UK's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Fusion Specialty UK?
Companies House lists no one with significant control of Fusion Specialty UK now. Before that, it was controlled by Pop Insurance Holdings Pty Ltd, Mr Hubert Alastair Speare-Cole and Fractal Industries Limited.
Who runs Fusion Specialty UK?
Companies House lists 3 directors of Fusion Specialty UK: Hubert Alastair Speare Cole, Daniel John Maleary and Katherine Joan Simmonds.
How long has Fusion Specialty UK been in business?
The company was formed on 28 August 2018.
What do Fusion Specialty UK’s latest accounts show?
Its latest accounts, to 31 December 2019, show net assets of −£404k (no earlier figure to compare) and cash at bank of £68 (no earlier figure to compare).
Does Fusion Specialty UK use any other names?
It has previously used 2 other names: Fractal No2 Limited and QOMPLX Underwriting Limited.

Sources and links

The full report on Fusion Specialty UK Limited

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