BLACK SHEEP FARMS LIMITED

🌿Early-stageactive
SC735335 · ltd · incorporated 2022-06-13
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 3.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 01500
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 77/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 3.8y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~3.8 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
-£180k-£139k-£97k-£56k-£15k£27kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£-180.0k
Current assets£26.9k
Cash£3.5k
Debtors£2.8k
Net assets£-180.0k
Average employees3

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-12-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-12-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2022-07-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2022-07-18
    🔒
    Charge registered #1
    Lender: Mars Hospitality (UK) Limited
  6. 2022-07-13
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  7. 2022-07-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2022-07-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2022-07-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-06-13
    🏢
    Company incorporated
    As BLACK SHEEP FARMS LIMITED
  11. 2022-06-13
    MACHADO, Sharon appointed
    secretary
  12. 2022-06-13
    MACHADO, Robert Marshal appointed
    director
  13. 2022-06-13
    MACHADO, Sharon Robert appointed
    director
  14. 2022-06-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Mars Hospitality (Uk) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mars Hospitality (Uk) Ltd
Corporate parent · holds 75-100% shares
ultimate parent
BLACK SHEEP FARMS LIMITED
This company · SC735335

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Sanjay Narang
Individual · Indian · DOB 10/1962 · age 64
75–100%75-100% voting14/06/2022
Mars Hospitality (Uk) Ltd
Corporate entity
75100%
75-100% shares14/06/2022
1 historic (ceased) PSC
  • Mrs Sharon Robert Machadoceased 14/06/2022· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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13y
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31y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2022-06-13
Jurisdictionscotland
Primary SIC01500 — SIC 01500

Registered office

Tom-An-Oir
Tom An Oir
Invegarry
PH35 4HR
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14

Officers (3 active · 0 resigned)

MACHADO, Sharon
secretary · appointed 2022-06-13
View their other companies + combined net worth →
Active
MACHADO, Robert Marshal
director · ~60y · appointed 2022-06-13
View their other companies + combined net worth →
Active
MACHADO, Sharon Robert
director · ~52y · appointed 2022-06-13
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Mars Hospitality (UK)
Mars Hospitality (UK) Limited
A registered charge18/07/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (13 total)

accounts-with-accounts-type-small
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-18
accounts-with-accounts-type-small
accounts · AA
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-14
accounts-with-accounts-type-small
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-19
change-account-reference-date-company-current-shortened
accounts · AA01
2022-07-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-07-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-04
incorporation-company
incorporation · NEWINC
2022-06-13