Pavegen Systems Ltd, which developed patented flooring that turns footsteps into electricity, has fallen into administration and is seeking a buyer for its intellectual property, brand and other business assets.
Claire Middlebrook and Katie McLachlan of Middlebrooks Business Recovery & Advice Limited were appointed as administrators of the London company on 30th September 2026.
Manchester-based recovery specialists Landwood Group have been instructed to market the company’s assets, with offers invited from potential purchasers by 20th November.
The conflict in the Middle East has disrupted a number of contracts in Saudi Arabia, which contributed to the financial difficulties that led to the administration.
Pavegen was founded by Laurence Kemball-Cook (pictured below) in 2009 and had delivered projects across 45 countries.
Its client portfolio included Google, Siemens, Toyota, Samsung, BMW, Mercedes-Benz, Citibank, IKEA and Westfield.
The company had generated £13m in revenue, with approximately 95% coming from international markets, particularly the Middle East, USA and Asia.
One of its flagship installations was at Sports Boulevard in Riyadh, Saudi Arabia, a development forming part of the Kingdom’s Vision 2030 programme.
Its products included kinetic energy-generating floor tiles, Walk to Light and Solar+, a hybrid platform combining solar and kinetic energy.
Across its international installations, Pavegen had recorded more than one billion footsteps, while its technology also collected data about pedestrian movement.
Mark Bailey, partner at Landwood Group, said: “This is a very interesting business with great potential – particularly in a time when renewable energy and energy security are such hot topics.”
Bailey listed the assets on offer as the company’s intellectual property, granted patents across multiple jurisdictions, international trademarks, brand, goodwill, website, customer and enquiry databases, technical designs, CAD files, software and manufacturing relationships.
He also said: “This footfall data could be invaluable to shopping malls, airports and retail parks.”
Interested parties will be required to sign a non-disclosure agreement and provide proof of funding, and purchasers must be in a position to complete immediately.
Pavegen was named in BusinessCloud’s 2026 EnviroTech 50.