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What Happened to Elizabeth Galton Ltd After Dragons’ Den?

Elizabeth Galton Ltd appeared on Dragons’ Den in 2005, Series 1 Episode 5. The business was a custom-made jewellery. They secured investment from Duncan Bannatyne & Rachel Elnaugh on the show. The company was dissolved in 2008.

The Pitch

Elizabeth Galton walked into the Den in 2005 with a custom-made jewellery. They were asking for £110,000 in exchange for 30% 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 & Rachel Elnaugh offered £110,000 for 30%, and Elizabeth Galton 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

Elizabeth Galton Ltd did not survive long-term. The company was dissolved in 2008, only 3 years after the Den appearance.

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 Elizabeth Galton Ltd Still in Business?

No. Elizabeth Galton Ltd is no longer in business. Based on available records, the company is dissolved (2008).

Related Companies

If you’re curious about other businesses from the same episode, you might also want to look at A-Frame Golf, Slim PC, Plant Pal, Travelseal. Each has its own story of what happened after the Den.

Watch the Pitch