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Segen claims it is the UK’s largest photovoltaic systems wholesaler and distributor, accounting for 25% of the British solar power market. With much solar equipment manufactured in China, the industry was hit hard by Covid-19, but the Aldershot firm responded by offering customers the chance to design bespoke solar systems online. Founded in 2005 by Andy Pegg, 56, the company offers more than 1,000 solar products, including panels, batteries and heat pumps. Sales rose 71% to £116.6m in 2019.

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Company details
ActivityRenewable energy equipment distributor
Sales £m116.6
Operating profit £m4.1
Main shareholdersAndy Pegg (83%), Julian Wiley (7%), Jeremy Hawkey (5%), Michelle Roberts (2%), Liz Macfarlane (2%)

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda