Cadence sensor 2 paired but no data being transmitted

I have paired my Garmin Cadence sensor 2 to Lezyne bike computer. 

It's Definitely paired, I put in a new battery in case the battery was issue. I get green light flash 5 times when I connect the battery. Re-paired the sensor but it still does not transmit any data. 

I have put it on my stationery bike so I can check that it "wakes up" when I turn the pedals. It never appears to wake up.

This is a new sensor. Is there a fault with it?