Dragons’ Den Tracker

The Pitch

John Mooney and Andy O'Reilly walked into the Den in 2006 with a portable charging device for batteries for golf buggies. They were asking for £250,000 in exchange for 50% of the business.

The pitch landed well enough in the Den that at least one Dragon decided to back it.

The Deal

A deal was struck on the show. Peter Jones and Richard Farleigh offered £250,000 for 50%, and John Mooney and Andy O'Reilly accepted.

It’s worth noting that Dragons’ Den deals agreed on camera often go through further negotiation off-screen. Some complete as shown; others are renegotiated or never finalise at all. The company’s subsequent trading history is the clearest indicator of what actually happened.

What Happened After the Show

Caddy Motion did not survive long-term. The company was dissolved in 2011, some 5 years after the pitch.

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 Caddy Motion Still in Business?

No. Caddy Motion is no longer in business. Companies House records show the company has been dissolved.

Related Companies

If you’re curious about other businesses from the same episode, you might also want to look at Nuts Poker League, Baby Grippa, Axis Keyboard, Eve'olution Solutions / Evolve Through Training. Each has its own story of what happened after the Den.

Watch the Pitch

Videos

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Will The Luck Of The Irish Be Enough To Sway Richard Farleigh And Peter Jones? | Dragons' Den