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Cycle Systems Ltd

06330179

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2 BEDFORD MEWS, LONDON, N2 9DF
Incorporated 01/08/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education
95290
Repair of other personal and household goods

Officers

Julia Diana Lally

secretary · Since 01/08/2007

ADMINISTRATION AND MARKETING

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Julia Diana Lally

director · Since 01/08/2007

ADMINISTRATION AND MARKETING

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Sean Andrew Lally

director · Since 01/08/2007

CYCLE MECHANIC

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Persons with Significant Control

Julia Diana Lally

50–75% shares

British · United Kingdom · Age 56

1, Western Terrace, Collins Road, Totnes, TQ9 5PP

Notified 01/07/2016

Sean Andrew Lally

50–75% shares

British · United Kingdom · Age 52

Cycle Systems, Hannahs At Seale Hayne, Newton Abbot, TQ12 6NQ

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

SOUTH WEST INVESTMENT GROUP (CAPITAL) LIMITED

Created 01/03/2017Registered 01/03/2017

CompanyRankvs 19529+ SIC 85590 peers
34

Financial strength4th percentile among SIC peers · 1/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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19529Cycle Systems Ltd
44
How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£40k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£26k

Current Liabilities

£68k

2avg. employees

Balance Sheet

Assets less current liabilities-£39k
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39+£0
20250.39-£51k
20241.32+£3k
20231.17-£4k
20220.51-£45k
20211.77—

Derived from filed accounts. Not audited figures.