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What Happened to Air Oasis Ltd After Dragons’ Den?

Air Oasis Ltd appeared on Dragons’ Den in 2008, Series 6 Episode 1. The business was a water created by air particles. No deal was made — the Dragons decided not to invest. The company was dissolved in 2009.

The Pitch

Barry Ritchie and Paul Lobo walked into the Den in 2008 with a water created by air particles. They were asking for £125,000 in exchange for 10% of the business.

Despite their best efforts, the pitch didn’t convince the Dragons to open their wallets.

The Deal

No deal was made. The Dragons weren’t persuaded to invest, and Barry Ritchie and Paul Lobo left the Den without backing.

What Happened After the Show

Air Oasis Ltd did not survive long-term. The company was dissolved in 2009 — just a year after appearing on the show.

This is not an unusual outcome. The majority of businesses that appear on Dragons’ Den, deal or no deal, don’t make it in the long run. The show can provide a platform and capital, but it can’t substitute for a sustainable business model.

Is Air Oasis Ltd Still in Business?

No. Air Oasis Ltd is no longer in business. Based on available records, the company is dissolved (2009).

Related Companies

If you’re curious about other businesses from the same episode, you might also want to look at Hamfatter, D4M Ltd, Leenon Ltd, Baby Station. Each has its own story of what happened after the Den.

Watch the Pitch