−£121k
vs Dec 2024ActiveSC705482Private limited companyLivingston
SMART FARES LTD
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
01
Summary
SMART FARES LTD is an active private limited company (company number SC705482) incorporated on 2 August 2021, registered in Livingston. Its registered activity is taxi operation (SIC 49320). Latest micro accounts cover the period ending 31 December 2025, showing net assets of −£121k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 63% on the prior period (−£74k). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the bottom quarter of 460 comparable companies in Edinburgh (median £2, upper quartile £100).
02
Key dates
- Incorporated
- 2 August 20215 yrs ago
- Next accounts due
- 30 September 2027in 343 days
- Confirmation statement due
- 16 August 2027in 298 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 49320
- Taxi operation
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
1
No changevs Dec 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | −£121k | — | — | £75k | — | — | 1 |
| 31 December 2024 | −£74k | £15k | £5,024 | £94k | — | — | 1 |
| 31 December 2023 | −£32k | £26k | £3,972 | £62k | — | — | 0 |
Current ratio0.34Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Filing and accounts signals
- Net assets below zeroNet assets £-121,083 at 31 December 2025
- Net assets down 25% or more on the prior period-62.9% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.34
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 2 August 2021
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
06
Ownership and control
- Henry Sneddon
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Glenn Stuart Waters
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Colin Paton
- owns 25–50% of shares
- holds 25–50% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 343 days
- Confirmation statement duein 298 days
- Accounts period endNet liabilities £121k · micro accounts
- Accounts period endNet liabilities £74k · micro accounts
- Accounts period endNet liabilities £32k · micro accounts
- Incorporated
08
Similar companies in Edinburgh
- TAXI NEAR ME LTDLivingston · inc. Aug 2021
- ARISH19 LTDEdinburgh · inc. Jul 2021
- H N S CART LIMITEDEdinburgh · inc. Jun 2021
- BROG LTDEdinburgh · inc. Jun 2021
- KANON ENTERPRISE LIMITEDEdinburgh · inc. Sept 2021
- 1027 SCOTTAXIS LIMITEDEdinburgh · inc. Jun 2021
All companies incorporated on 2 August 2021 · in Aug 2021.
09
Reminders for SMART FARES LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.