SEGEN LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. SEGEN LIMITED 2005-01-25 → present
2. MINMAR (699) LIMITED 2004-12-09 → 2005-01-25

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have assessed the Company's ability to continue as a going concern. It meets its day to day working capital requirements through its banking arrangements. Cash flow forecasts have been prepared covering a period of more than 12 months from the date of approval of these financial statements, which indicate that the Company has sufficient resources to continue to meet its liabilities for this period. Accordingly, the Company continues to adopt the going concern basis in the preparation of these financial statements.”

Group structure

1. SEGEN LIMITED · parent
   1. Segen Solar GmbH 100% · Germany

Significant events

• “The year 2025 was a year of strategic recalibration in response to persistent market turbulence. Turnover declined to £213.0 million... However, the Company achieved a significant improvement in gross margin, rising to 5.94% from 1.45%... The Company reported a net loss of £6.5 million...”
• “In October 2024, the Company along with other Group Companies secured a new global Asset-Based Lending (ABL) facility... The UK solar market in the 2025 financial year demonstrated renewed strength and strategic clarity. With installed capacity surpassing 20 GW by calendar year end 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -16.6%

  £255,414,048 → £213,039,767

• Cash

  -57.2%

  £6,018,301 → £2,574,069

• Net assets

  -52.8%

  £12,322,811 → £5,813,774

• Employees

  -40.4%

  198 → 118

• Operating profit

  +65.6%

  -£22,642,134 → -£7,781,065

• Profit before tax

  +66.5%

  -£25,912,678 → -£8,670,956

• Wages

  -29%

  £10,717,306 → £7,606,603

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers