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Psycle (City) Limited

13172471

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

87 - 89 Mortimer Street, London, W1W 7SW
Incorporated 02/02/2021

Previously known as

Psycle (At Home) Limited · until 20/08/2024

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/02/2026

Due 15/02/2027

On track

Industry

93130
Fitness facilities

Officers

Mr David John Watt

director · Since 02/02/2021

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 50

Also on 7 other boards

David John Watt

director · Since 02/02/2021

British · England · Age 50

Persons with Significant Control

Psycle Limited

75–100% shares
75–100% votes
Appoint directors

Elm House, 25 Elm Street, Ipswich, IP1 2AD

Reg: 07928800 · Uk Register Of Companies · Private Company Limited By Shares

Notified 02/02/2021

Change History

status → active
2026-08-15

Active

type → ltd
2026-08-15

Private Limited Company

address line1 → 87 - 89 Mortimer Street
2026-08-15

87 - 89 MORTIMER STREET

post town → London
2026-08-15

LONDON

officer appointed → WATT, David John
2026-08-15

CompanyRankvs 8749+ SIC 93130 peers
20

Financial strength29th percentile among SIC peers · 7/25
Employees11th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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8749Psycle (City) Limited
29
How is this score calculated?
Financial strength7/25 pts

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

Employees2/15 pts

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

Liquidity0/20 pts

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

Longevity6/15 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

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

Going Concern Doubt

the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. The company is liable for future rental costs under the lease agreement. These amounts are fully recharged to the parent company each year, and therefore result in nil profit or loss for the company

Key FinancialsYear ending 31/12/2025

Net Worth

£1

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1

Working capital

Current Assets

—

Current Liabilities

£105k

Debtors

£105k

0avg. employees
Prepared with CCH Software