Sugar Island Insurance Services Limited

Reference number: 457192

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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

Openwork Limited Reference number: 408285 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.
  • Sugar Island Insurance Services Limited (FRN 457192) is an AR of Openwork Limited (FRN 408285). When you use Sugar Island Insurance Services's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Sugar Island Insurance Services, 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 3025 2455

  • Address

    Office Unit 4, ITEC Business Park, 52 Armagh Road, Newry, Co Down, BT35 6DN, United Kingdom

In the full report: 2 background checks

  • What kind of line 028 3025 2455 is
  • Who else gives the postcode BT35 6DN
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Other names (6)

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

  • Rock Financial Services Trading name
  • Sugar Island Financial Advice Trading name
  • Sugar Island Insurance Servcies Limited Former name
  • Sugar Island Insurance Services Ltd Former name
  • Sugar Island Home Insurance Former trading name
  • Sugar Island Mortgages Former trading name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Openwork 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.

Concerns on the company record

  • Confirmation statement is overdue at Companies House.
Company number
NI060298
Company status
Active
Company type
Private limited company
Incorporated
27 July 2006 (20 years old)
Registered office
15 Oakvale Avenue, Newry, Co.Down, BT34 2BQ
Nature of business
  • Life insurance (SIC 65110)
  • Non-life insurance (SIC 65120)
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name Role Born Appointed Other companies
Joseph Duffy Director Jan 1966 27 Jul 2006 None
Linda Duffy Secretary Not published 27 Jul 2006 –

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
  • Both people who have been directors, with their dates
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Filed accounts and finances

Year to 31 July 2025Micro-entity accountsNot audited

Total equity

£14.3k

+61% from £8,873

Employees (average)

3

Same as 3

Owed within a year

£29.8k

−43% from £52.2k

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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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 NI060298. 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

Sugar Island Insurance Services’s history from the FCA register and Companies House, newest first.

Key events (6) All events (15)

2016

6 April 2016

  • Joseph Stephen Duffy became a part-owner (25–50% of shares)
  • Linda Duffy became a part-owner (25–50% of shares)

Companies House

2015

29 December 2015

  • Changed its registered name from "Sugar Island Insurance Servcies Limited"

FCA register

2007

26 February 2007

  • Changed its registered name from "Sugar Island Insurance Services Ltd"

FCA register

2006

13 September 2006

  • Became an appointed representative

FCA register

27 July 2006

  • Incorporated at Companies House

Companies House

In the full report: all 15 events

  • All 15 events in its history (6 shown here)
  • Every director appointment and resignation: 3
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Firms like Sugar Island Insurance Services

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

In Newry

Yvonne GaffneyNewryAppointed representativeBernadette O HareNewryAuthorisedDolmen Insurance Brokers LimitedNewryAuthorisedJ N Chambers LtdNewryAuthorisedMcCumiskey & CoNewryAuthorisedPremier Property Claims LtdNewryAuthorised

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 Sugar Island Insurance Services

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
  • 7 years of accounts, charted
  • All 15 events in its history

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Frequently asked questions about this firm

Is Sugar Island Insurance Services Limited FCA authorised?
Sugar Island Insurance Services Limited (FRN 457192) 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 Sugar Island Insurance Services?
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. Sugar Island Insurance Services Limited (FRN 457192) is an AR of Openwork Limited (FRN 408285). When you use Sugar Island Insurance Services's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Sugar Island Insurance Services, 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 Sugar Island Insurance Services’ phone number?
The FCA register lists the phone number 028 3025 2455 for Sugar Island Insurance Services. If you were given different contact details, use these to check with the firm before going any further.
Is Sugar Island Insurance Services a scam or clone?
Sugar Island Insurance Services 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 Sugar Island Insurance Services?
Protection works through Openwork Limited, the principal firm responsible for Sugar Island Insurance Services's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Sugar Island Insurance Services?
Companies House lists 2 people with significant control of Sugar Island Insurance Services: Mr Joseph Stephen Duffy (25–50% of shares) and Mrs Linda Duffy (25–50% of shares).
Who runs Sugar Island Insurance Services?
Companies House lists one director of Sugar Island Insurance Services: Joseph Duffy.
How long has Sugar Island Insurance Services been in business?
The company was formed on 27 July 2006.
What do Sugar Island Insurance Services’ latest accounts show?
Its latest accounts, to 31 July 2025, show total equity of £14.3k (+61% from £8,873).
Does Sugar Island Insurance Services use any other names?
It trades as Rock Financial Services and Sugar Island Financial Advice. It has previously used 4 other names, including Sugar Island Insurance Servcies Limited, Sugar Island Insurance Services Ltd and Sugar Island Home Insurance.

Sources and links

The full report on Sugar Island Insurance Services Limited

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