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 under a year
- Protected through the principal
- No FCA actions
- Active company since 1995
- Accounts filed up to 31 December 2025
Responsible principal firm
SHERMIN FINANCE LIMITED Reference number: 727594 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.
- NEW WORLD DEVELOPMENTS LIMITED (FRN 1053588) is an AR of SHERMIN FINANCE LIMITED (FRN 727594). When you use NEW WORLD DEVELOPMENTS's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from NEW WORLD DEVELOPMENTS, 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
Woodside Industrial Estate, Woodside Road, Ballymena, Northern Ireland, BT42 4HX, United Kingdom
In the full report: 2 background checks
- What kind of line 028 2563 2200 is
- Who else gives the postcode BT42 4HX
Other names (2)
If you were contacted under any of these names, it is this firm.
- Apeer Trading name: A name it trades under now.
- Avera Trading name: A name it trades under now.
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Shermin Finance 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
- NI029589 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 5 June 1995 (31 years old)
- Registered office
- Woodside Industrial Estate, Woodside Road, Ballymena, Co Antrim, BT42 4HX, United Kingdom
- Nature of business
-
- Other manufacturing not elsewhere classified (SIC 32990)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Austin Alloysius Mc Gillian | Director | Sep 1949 | 5 Jun 1995 | None |
| Deirdre Mc Gillian | Director | Sep 1953 | 5 Jun 1995 | None |
| Asa Mcgillian | Director | Aug 1978 | 1 Feb 2010 | 2 other companies |
| Deirdre Mc Gillian | Secretary | Not published | 5 Jun 1995 | None |
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
- 2
- still active
- 2
In the full report: all 2 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
Filed accounts and finances
Turnover
£19.8m
−3.3% from £20.5m
Profit before tax
£273k
+132% from £118k
Net assets
£5.81m
<1% from £5.76m
Employees (average)
181
−11% from 203
Turnover and profit
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 NI029589. 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
New World Developments’s history from the FCA register and Companies House, newest first.
2026
21 March 2026
- Became an appointed representative
FCA register
2016
6 June 2016
- Asa McGillian gained 50–75% of the votes
- Austin Alloysius Mc Gillian became a part-owner (25–50% of shares)
- Deirdre Mc Gillian became a part-owner (25–50% of shares)
Companies House
1995
5 June 1995
- Incorporated at Companies House
Companies House
In the full report: all 10 events
- All 10 events in its history (5 shown here)
- Every director appointment and resignation: 3
Firms like New World Developments
Other firms of the same type (credit broker), nearest first.
In Ballymena
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 New World Developments
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 2 other companies its directors have run, named
- 2 background checks on its contact details
- All 10 events in its history
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Frequently asked questions about this firm
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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