Iona Star Capital Limited

Reference number: 1000549

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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.

Responsible principal firm

Phoenix Asset Management Partners Limited Reference number: 186871 Authorised View firm →
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.
  • Iona Star Capital Limited (FRN 1000549) is an AR of Phoenix Asset Management Partners Limited (FRN 186871). When you use Iona Star Capital's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Iona Star Capital, 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.

  • No website on the FCA register

  • Phone number

    028 9500 1060

  • Address

    Floor 8, City Exchange, Gloucester Street, Belfast, Northern Ireland, BT1 4LS, United Kingdom

In the full report: 2 background checks

  • What kind of line 028 9500 1060 is, and the other firm that gives it
  • Who else gives the postcode BT1 4LS
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Other names (1)

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

  • ISC Launch Limited Former name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Phoenix Asset Management Partners 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 number
NI695663
Company status
Active
Company type
Private limited company
Incorporated
23 March 2023 (3 years old)
Registered office
Floor 8 City Exchange, Gloucester Street, Belfast, BT1 4LS, United Kingdom
Nature of business
  • Fund management activities (SIC 66300)

Directors and company secretaries

Name Role Born Appointed Other companies
Gerard Buggy Director May 1962 23 Mar 2023 20 other companies
Michael John Powell Director Sep 1961 23 Mar 2023 25 other companies
Graham Ferguson Director Oct 1971 21 Nov 2023 9 other companies
Kevin Joseph Mcgivern Director May 1987 21 Nov 2023 12 other companies

Other companies run by these 4 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
44
closed down
15
are FCA-registered
2

In the full report: all 44 companies, named

  • What each company does, and whether it is still trading
  • Which of these 4 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 on the FCA register
  • The 12 companies these 4 directors run together
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Filed accounts and finances

Year to 31 March 2025Micro-entity accountsNot audited

Net assets

£2,289

Up £2,229 from £60

Employees (average)

0

No earlier figure to compare

Owed within a year

£0

No earlier figure to compare

Net assets

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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company NI695663. 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

Iona Star Capital’s history from the FCA register and Companies House, newest first.

Key events (4) All events (8)

2023

10 November 2023

  • Changed its registered name from "ISC Launch Limited"

FCA register

18 October 2023

  • Became an appointed representative

FCA register

23 March 2023

  • Incorporated at Companies House
  • Gerard Buggy became a part-owner (25–50% of shares)

Companies House

In the full report: all 8 events

  • All 8 events in its history (4 shown here)
  • Every director appointment and resignation: 4
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Firms connected to Iona Star Capital

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

connected firms
4
share a director
1
share its phone number
1

In the full report: all 4 connected firms, named

  • How each is linked: shared directors (1), the same phone number (1), the same postcode (3)
  • Who links each one: the named directors, with dates
  • 1 past link through former directors
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Firms like Iona Star Capital

Other firms of the same type (investment or fund manager), nearest first.

In Belfast

Cordovan Capital Management LimitedBelfastAppointed representativeCauseway Securities LimitedBelfastAuthorisedJ & E Davy (UK) LimitedBelfastAuthorisedJohnston Campbell LimitedBelfastAuthorisedJohnston KennedyBelfastAuthorisedSapphire Capital Partners LLPBelfastAuthorised

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 Iona Star Capital

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

  • 44 other companies its directors have run, named
  • 2 background checks on its contact details
  • All 8 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Iona Star Capital Limited FCA authorised?
Iona Star Capital Limited (FRN 1000549) 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 Iona Star Capital?
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. Iona Star Capital Limited (FRN 1000549) is an AR of Phoenix Asset Management Partners Limited (FRN 186871). When you use Iona Star Capital's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Iona Star Capital, 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 Iona Star Capital’s phone number?
The FCA register lists the phone number 028 9500 1060 for Iona Star Capital. 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 Iona Star Capital a scam or clone?
Iona Star Capital 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 Iona Star Capital?
Protection works through Phoenix Asset Management Partners Limited, the principal firm responsible for Iona Star Capital's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Iona Star Capital?
Companies House lists one person with significant control of Iona Star Capital: Mr Gerard Buggy (25–50% of shares).
Who runs Iona Star Capital?
Companies House lists 4 directors of Iona Star Capital: Gerard Buggy, Michael John Powell, Graham Ferguson and Kevin Joseph McGivern.
How long has Iona Star Capital been in business?
The company was formed on 23 March 2023.
What do Iona Star Capital’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £2,289 (up £2,229 from £60).
Does Iona Star Capital use any other names?
It has previously used the name ISC Launch Limited.

Sources and links

The full report on Iona Star Capital Limited

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