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.
- Appointed for 6 years
- Protected through the principal
- No FCA actions
- Active company since 2019
- Accounts filed up to 31 July 2025
Responsible principal firm
GAUNTLET RISK MANAGEMENT LIMITED Reference number: 308081 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.
- Magna Insurance Brokers Limited (FRN 925102) is an AR of GAUNTLET RISK MANAGEMENT LIMITED (FRN 308081). When you use Magna Insurance Brokers's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Magna Insurance Brokers, 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.
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No website on the FCA register
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Phone number
-
Address
29, Fusion Business Centre, Magna Way, Rotherham, Rotherham, S60 1FE, United Kingdom
In the full report: 2 background checks
- What kind of line 01709 789350 is
- Who else gives the postcode S60 1FE
Other names (1)
If you were contacted under any of these names, it is this firm.
- Magna Insurance Brokers Ltd Former name: A name it was registered under before.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Gauntlet Risk Management 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, freeYou 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
- 12347304 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 4 December 2019 (6 years old)
- Registered office
- Bank Chambers, Market Street, Huddersfield, West Yorkshire, HD1 2EW, England
- Nature of business
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- Activities of insurance agents and brokers (SIC 66220)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Lee Robert Nicholson | Director | Oct 1971 | 1 Jun 2021 | None |
| Katherine Michelle Nicholson | Director | Jul 1975 | 30 Jan 2024 | None |
In the full report: every company its directors have run
- Confirmation that these 2 directors run no other company
- All 3 people who have been directors, with their dates
Filed accounts and finances
Net assets
£18.4k
−76% from £77.7k
Cash at bank
£83.9k
−16% from £100k
Owed within a year
£59.8k
+88% from £31.9k
Assets and liabilities
In the full report: all 6 years of accounts
- Every year from 2020 to 2025
- The chart, over every year
- Every filed figure, year by year
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 12347304. 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
Magna Insurance Brokers’s history from the FCA register and Companies House, newest first.
2024
5 July 2024
- Changed its registered name from "Magna Insurance Brokers Ltd"
FCA register
30 January 2024
- Katherine Michelle Nicholson became a part-owner (25–50% of shares)
Companies House
2023
26 September 2023
- James Michael Gerald Manning stopped being a part-owner
Companies House
2021
1 June 2021
- Katherine Michelle Nicholson stopped being a part-owner
- Lee Robert Nicholson became the majority owner (50–75% of shares)
Companies House
2020
27 April 2020
- Became an appointed representative
FCA register
2019
4 December 2019
- Incorporated at Companies House
- James Michael Gerald Manning became a part-owner (25–50% of shares)
- Katherine Michelle Nicholson became a part-owner (25–50% of shares)
Companies House
In the full report: all 13 events
- All 13 events in its history (9 shown here)
- Every director appointment and resignation: 4
Firms like Magna Insurance Brokers
Other firms of the same type (insurance broker), nearest first.
In Rotherham
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 Magna Insurance Brokers
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
- 2 background checks on its contact details
- 6 years of accounts, charted
- All 13 events in its history
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Frequently asked questions about this firm
Is Magna Insurance Brokers Limited FCA authorised?
What does appointed representative mean for Magna Insurance Brokers?
What is Magna Insurance Brokers’ phone number?
Is Magna Insurance Brokers a scam or clone?
Is my money safe with Magna Insurance Brokers?
Who owns Magna Insurance Brokers?
Who runs Magna Insurance Brokers?
How long has Magna Insurance Brokers been in business?
What do Magna Insurance Brokers’ latest accounts show?
Does Magna Insurance Brokers use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk