PAVEGEN SYSTEMS LTD
Company number 06980029 · Monitor this company
The annual accounts for this company are overdue.
Executive summary
Pavegen Systems Ltd represents a classic case of a UK deep-tech cleantech pioneer that developed innovative, patented kinetic energy harvesting technology but failed to achieve commercial scale or profitability despite raising over £11M in equity capital. The company's financial trajectory—marked by persistent losses, asset erosion, and eventual entry into administration—reflects broader challenges in the UK's early-stage hardware and renewable energy sector, where long R&D cycles, capital intensity, and uncertain product-market fit frequently outpace investor patience. While the technology and brand remain potentially valuable, the administration status means Pavegen's future now depends on whether a buyer or restructuring plan can salvage value from its IP and pipeline.
Shareholders' funds
£11,318,846
Balance sheet as at 2024-12-26
What it does
The principal activity of the company in the period under review was that of designing, developing and manufacturing of patented floor tile technology
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2009-08-04
- Employees
- 25 (2024 accounts · was 27 in 2023)
- Registered office
- 68 Hanbury Street, London, England, E1 5JL
- Postcode
- E1 5JL
- Capital
- 2 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2024-12-26
- Next due by
- 2026-09-26 Overdue
- Financial year end
- 26 December
Confirmation statement
- Last statement dated
- 2026-08-03
- Next due by
- 2027-08-17
Nature of business (SIC)
- 35110 Production of electricity
Officers 6 current · 4 resigned
Contact details
- Website
- pavegen.com
- Phone
- 033 977 279, 033443798, 041918519
Our mission is to help move society towards a more sustainable future by generating renewable energy with footsteps to power engaging experiences.
Previous registered addresses 5
| Address | Changed on |
|---|---|
| 31 ST GEORGES PLACE, CANTERBURY, KENT, CT1 1XD | 2016-08-11 |
| 788-790 FINCHLEY ROAD, LONDON, NW11 7TJ, UNITED KINGDOM | 2010-01-30 |
| 788-790 FINCHLEY ROAD, LONDON, NW11 7TJ, UNITED KINGDOM | 2010-01-30 |
| GISTERED OFFICE CHANGED ON 04/08/2009 FROM, HIGHFIELD HOUSE SUMMER HILL HARBLEDOWN, CANTERBURY, KENT, CT2 8NH | 2009-08-04 |
| HIGHFIELD HOUSE SUMMER HILL HARBLEDOWN, CANTERBURY, KENT, CT2 8NH | 2009-08-04 |
The class of 2009
38%
of the 341 companies in this sector incorporated in 2009 are still active today; 60% have since been dissolved.
A fact about the year, not a forecast for this company.