What Happened to Foldio After Dragons’ Den?
Foldio appeared on Dragons’ Den in 2007, Series 4 Episode 4. The business was a stationery folder that halves size of paper without creasing. They secured investment from Theo Paphitis on the show. The company was dissolved in 2015.
The Pitch
Christian Lane walked into the Den in 2007 with a stationery folder that halves size of paper without creasing. They were asking for £80,000 in exchange for 35% 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. Theo Paphitis offered £80,000 for 35%, and Christian Lane 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
Foldio did not survive long-term. The company was dissolved in 2015, some 8 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 Foldio Still in Business?
No. Foldio 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 Foot Deodoriser, Jet Sleeper, Applied Language Solutions, Aqua Mum. Each has its own story of what happened after the Den.
Watch the Pitch
Companies House Data
- Status
- dissolved
- Company Number
- 05988536
- Registered Name
- FOLDIO LIMITED
- Incorporated
- 2006-11-03 (ceased 2015-09-08)
- Company Type
- ltd
- SIC Codes
- 46660
- Registered Address
- Byways The Chase, Kingswood, Tadworth, Surrey, KT20 6HY
- Accounts
- total-exemption-small (period ending 2014-03-31)
- Officers
-
LANE, Christian Raymond Henry
— director
Byways, The Chase, Kingswood, Tadworth, Surrey, KT20 6HY, England
-
LANE, Raymond
— secretary (resigned 2007-01-04)
27 Millside, Carshalton, SM5 2BQ
-
MANTZ, Ann Elizabeth
— secretary (resigned 2011-03-01)
22-24, Worple Road, London, SW19 4DD
-
INCORPORATE SECRETARIAT LIMITED
— corporate-nominee-secretary (resigned 2006-11-03)
4th Floor, 3 Tenterden Street, Hanover Square, London, W1S 1TD
-
KYPRIANOU, Kypros
— director (resigned 2010-01-25)
22-24, Worple Road, London, SW19 4DD
-
LANE, Raymond
— director (resigned 2007-01-04)
27 Millside, Carshalton, SM5 2BQ
-
LANE, Christian Raymond Henry
— director
Dragons’ Den Tracker