Fares Tech OÜ

Registry code 12048399 · Active (R Registrisse kantud)

Fares Tech OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 25 Jan 2011. Its registered activity is mootorrataste, nende osade ja lisaseadmete müük, hooldus ja remont. Its latest published accounts for the period ending 31 Dec 2020 show equity of €3,805, total assets of €3,805, turnover of €0, a result of €0. It has filed 2 sets of accounts, 1 of them after the deadline. Our model estimates a 0.10 % probability that it becomes insolvent within 12 months, 2.3 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.10 %
High risk
Lowest riskHighest risk

Higher than 91 % of active companies in Estonia. 2.3× the average annual insolvency rate (0.04 %).

Raises the risk

Filing delay of last accounts (days)3.8×≥ 229 · 0.16 % became insolvent
Days since last period end3.5×≥ 598 · 0.15 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Industry2.9×45 · 0.12 % became insolvent
Accounts overdue1.8×1 · 0.08 % became insolvent
Late filings1.8×1–3 · 0.08 % became insolvent

Lowers the risk

Equity ratio0.2×≥ 1 · 0.01 % became insolvent
Total assets (log)0.2×3.5432–4.27814 · 0.01 % became insolvent
Current liabilities ÷ assets0.3×0–0.0109453 · 0.01 % became insolvent
Turnover (log)0.3×0–3.00043 · 0.01 % became insolvent
Cash ÷ assets0.4×0.37634–0.901325 · 0.02 % became insolvent
Employees0.4×0–1 · 0.02 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.96, trained 6 Nov 2026), not a credit rating. How it works.

Company details

Registry code
12048399 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
25 Jan 2011 (16 years)
Registered address
10137 Tallinn
County
Harju County
Activity
45401 Mootorrataste, nende osade ja lisaseadmete müük, hooldus ja remont
Industry
Wholesale and retail trade of motor vehicles
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202016 May 2022€0 €0€3,805€3,805 €0€1,7300
31 Dec 201926 Jun 2020€0 €0€3,805€3,805 €0€1,7300

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about Fares Tech OÜ

What is the registry code of Fares Tech OÜ?

Fares Tech OÜ is registered under registry code 12048399 in the official register of Estonia. View it at the official register.

Is Fares Tech OÜ still active?

Yes. Fares Tech OÜ is registered as active (status: R Registrisse kantud).

Has Fares Tech OÜ gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for Fares Tech OÜ in the official data.

How likely is Fares Tech OÜ to become insolvent?

Our model estimates a 0.10 % probability that Fares Tech OÜ becomes insolvent within the next 12 months (high risk). That is higher than 91 % of active companies in Estonia.

When was Fares Tech OÜ founded?

Fares Tech OÜ was incorporated on 25 Jan 2011.

Where is Fares Tech OÜ registered?

Fares Tech OÜ's registered address is in 10137 Tallinn (Harju County), Estonia.

What do the latest accounts of Fares Tech OÜ show?

The latest published accounts (period ending 31 Dec 2020) show equity of €3,805, total assets of €3,805, turnover of €0, a result of €0, 0 employees.

Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 6 Nov 2026.