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Psycle Limited

07928800

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

87 - 89 Mortimer Street, London, W1W 7SW
Incorporated 30/01/2012

Previously known as

Sincycle Limited · until 04/09/2012

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/01/2026

Due 13/02/2027

On track

Industry

93130
Fitness facilities

Officers

Mr Clive Edward Benedict Schlee Ba Oxon

director · Since 28/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 17 other boards

Mr David John Watt

director · Since 03/12/2020

CEO

BRITISH · ENGLAND · Age 50

Also on 7 other boards

Mrs Andrea Wareham

director · Since 23/05/2023

HR DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mr Gordon James Moore

director · Since 04/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mrs Hazel Joy Geary

director · Since 31/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 7 other boards

Clive Edward Benedict Schlee

director · Since 28/07/2020

British · England · Age 67

David John Watt

director · Since 03/12/2020

British · England · Age 50

Andrea Wareham

director · Since 23/05/2023

British · England · Age 54

Gordon James Moore

director · Since 04/01/2024

British · United Kingdom · Age 59

Hazel Joy Geary

director · Since 31/08/2024

British · England · Age 44

Former

Timothy Macready

director · Resigned 07/05/2014

Gordon James Moore

director · Resigned 07/05/2014

Colin Douglas Waggett

director · Resigned 07/10/2014

Barrie Poulter

director · Resigned 11/05/2015

Richard James Butland

director · Resigned 28/07/2020

Rhiannon Stephenson

director · Resigned 31/10/2020

Clare Alexandra Gribble

director · Resigned 01/07/2022

Laura Rosemary Roche

director · Resigned 01/09/2023

Timothy George Macready

director · Resigned 22/02/2024

Persons with Significant Control

Mr Clive Edward Benedict Schlee

25–50% shares

British · England · Age 67

87 - 89, Mortimer Street, London, W1W 7SW

Notified 22/07/2020

Former PSCs

Mr Timothy George Macready

Ceased 22/02/2024

Mr Richard James Butland

Ceased 28/07/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 14/10/2025Registered 15/10/2025

Change History

statusactive
2026-08-15

Active

typeltd
2026-08-15

Private Limited Company

address line187 - 89 Mortimer Street
2026-08-15

87 - 89 MORTIMER STREET

post townLondon
2026-08-15

LONDON

officer appointedGEARY, Hazel Joy
2026-08-15
officer appointedMOORE, Gordon James
2026-08-15
officer appointedSCHLEE, Clive Edward Benedict
2026-08-15
officer appointedWAREHAM, Andrea
2026-08-15
officer appointedWATT, David John
2026-08-15

CompanyRankvs 681+ SIC 93130 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer

Key FinancialsYear ending 31/12/2025

Net Worth

£2.3M

Balance sheet strength

Cash

£635k

Cash in the bank

Profit Before Tax

£950k

Bottom line earnings

Net Current Assets

-£1.1M

Working capital

Current Assets

£2.2M

Current Liabilities

£3.3M

Fixed Assets

£4.7M

Debtors

£740k

Cost of Sales

£2.3M

Gross Profit

£7.4M

Admin Expenses

£8.3M

Operating Profit

£858k

Profit After Tax

-£950k

106avg. employees+28

People Costs

Wages & salaries£2.8M

Balance Sheet

Intangible assets£57k
Bank loans & overdrafts£553k
Assets less current liabilities£3.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.66-£1.6M
20210.99

Derived from filed accounts. Not audited figures.