How much does Black Sheep Management Services Limited make?

Black Sheep Management Services Limited reported revenue of £6.8m and a loss of £360k in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Black Sheep Management Services Limited have?

Black Sheep Management Services Limited reported an average of 110 employees in the year to 31 Mar 2024.

Is Black Sheep Management Services Limited profitable?

No — Black Sheep Management Services Limited reported a loss of £360k in the year to 31 Mar 2024.

Company No. SC635385 · Incorporated 8 Jul 2019

Black Sheep Management Services Limited

Registered name: BLACK SHEEP MANAGEMENT SERVICES LIMITED

Part of Mars Hospitality (UK) Limited group

Black Sheep Management Services Limited made £6.8m revenue and a £360k loss in the year to 31 Mar 2024.

Black Sheep Management Services Limited’s revenue grew 24% to £6.8m in the year to 31 Mar 2024, with a loss of £360k and 110 employees. The company is classified under “hotels and similar accommodation” and is based in Invergarry; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation

Status: Active
Location: Invergarry, Scotland
Age: 7 yrs · since 2019
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2024

Key figures

Revenue

£6.8m

Growth ▲23.7%

Profit

−£360k

Growth —

Profit margin

−5.3%

Gross 31.5%

Employees

110

Change ▲5.8%

Profit / employee

−£3.3k

Revenue/employee £61.6k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.9m	£5.5m	£6.8m
Cost of sales	£3.2m	£4.1m	£4.6m
Gross profit	£744k	£1.4m	£2.1m
Operating profit	−£476k	−£623k	−£89.6k
Profit before tax	−£790k	−£917k	−£360k
Profit after tax	−£790k	−£917k	−£360k
Profit (best available)	−£790k	−£917k	−£360k
Employees (average)	101	104	110
Ratios
Profit margin	−20.1%	−16.7%	−5.3%
Gross margin	18.9%	25.3%	31.5%
Revenue per employee	£39k	£52.7k	£61.6k
Profit per employee	−£7.8k	−£8.8k	−£3.3k
Growth (year on year)
Revenue growth	—	▲39.3%	▲23.7%
Headcount growth	—	▲3%	▲5.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£188k	£186k	£219k
Net assets	−£502k	−£1.4m	−£902k
Fixed assets	£448k	£635k	£690k
Current assets	£8.1m	£7.5m	£6.8m
Debtors	£7.9m	£7.2m	£6.5m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: −5.3%; Profit ÷ revenue.
Gross margin: 31.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £61.6k; Revenue ÷ average employees.
Profit per employee: −£3.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 96.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£902k
Cash at bank: ▲18%; Now £219k
Headcount: ▲6%; Now 110
Deferred income: —; Now —
Fixed assets: ▲9%; Now £690k

Corporate ownership

Group structure

Ownership chain

Mars Hospitality (UK) Limitedultimate parent75–100%
Black Sheep Management Services Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (6)

Black Sheep Farms LimitedFigures not disclosed
Highland Shutter LtdFigures not disclosed
Mars Commercial Property Holdings LimitedFigures not disclosed
Mars Highlands Development LimitedFigures not disclosed
Mars Projects LimitedFigures not disclosed
Mars Residential Property Holdings LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£360k), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.