# FARE 1 LTD (16106393)

> FARE 1 LTD is an active private limited company (company number 16106393) incorporated on 28 November 2024, registered in Southampton. Its registered activity is taxi operation (SIC 49320). Latest micro accounts cover the period ending 30 November 2025, showing net assets of −£2,413, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets were unchanged on the prior period.

- Status: Active
- Incorporated: 2024-11-28
- Registered office: Southampton, SO14 1GS
- SIC 49320: Taxi operation
- Next accounts due: 2027-08-30
- Confirmation statement due: 2026-12-12
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 178 comparable companies in Southampton (median £307, upper quartile £6,771).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-30 | −£2,413 | — | — | — | — | — | 0 |
| 2025-11-27 | −£2,406 | — | — | — | — | — | 0 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-2,413 at 30 November 2025
- Incorporated less than two years ago: Incorporated 28 November 2024; no accounts due yet

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Mohammed Ibrahim Miah — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-11-28

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/16106393
HTML: https://firmoscan.com/company/16106393-fare-1-ltd