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What Happened to Dr Cap After Dragons’ Den?

Dr Cap appeared on Dragons’ Den in 2006, Series 3 Episode 5. The business was a chain of shops selling baseball caps. They secured investment from Duncan Bannatyne on the show. The company was dissolved in 2020.

The Pitch

Richard Lee & Daren Duraidi walked into the Den in 2006 with a chain of shops selling baseball caps. They were asking for £150,000 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. Duncan Bannatyne offered £150,000 for 50%, and Richard Lee & Daren Duraidi 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

Dr Cap did not survive long-term. The company was dissolved in 2020, some 14 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 Dr Cap Still in Business?

No. Dr Cap 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 ID Scan Biometrics, Caledonian-Matheson Airways, Acai Juice (ah-sigh-ee), Coaching Ball. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
dissolved
Company Number
05754476
Registered Name
DR CAP (UK) LIMITED
Incorporated
2006-03-23 (ceased 2020-01-28)
Company Type
ltd
SIC Codes
96090
Registered Address
6-8 High Street, Pytchley, Kettering, Northamptonshire, NN14 1EN
Accounts
micro-entity (period ending 2018-03-31)
Latest Financials
Total Assets Less Liabilities
£29629
Period
2017-04-01 to 2018-03-31
Officers
  • BRIGGINSHAW, Marc Philip — director
    6-8, High Street, Pytchley, Kettering, Northamptonshire, NN14 1EN
  • DEMETRIOU, Christina Phrosa — director
    6-8, High Street, Pytchley, Kettering, Northamptonshire, NN14 1EN
  • ABBOTT, Graham — secretary (resigned 2010-02-15)
    4 St Peters Lane, Leicester, Leicestershire, LE1 4GH
  • LEE, Richard — secretary (resigned 2015-09-28)
    Anderdons Farm, Thame Road, Longwick, Bucks, HP27 9TA, United Kingdom
  • SECRETARIAL APPOINTMENTS LIMITED — corporate-nominee-secretary (resigned 2006-03-23)
    16 Churchill Way, Cardiff, CF10 2DX
  • DURAIDI, Daren — director (resigned 2010-01-17)
    23 Cotswold Close, Loughborough, Leicestershire, LE11 3AN
  • LEE, Richard Anthony — director (resigned 2015-09-28)
    Anderdons Farm, Thame Road, Longwick, Bucks, HP27 9TA, United Kingdom
  • CORPORATE APPOINTMENTS LIMITED — corporate-nominee-director (resigned 2006-03-23)
    16 Churchill Way, Cardiff, CF10 2DX
  • IMPAKT MEDIA LIMITED — corporate-director (resigned 2015-11-25)
    6, - 8, High Street Pytchley, Kettering, Northamptonshire, NN14 1EN, United Kingdom
← Series 3 ← Episode 5