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What Happened to Foldsmart Ltd After Dragons’ Den?

Foldsmart Ltd appeared on Dragons’ Den in 2015, Series 13 Episode 9. The business was a easy assemble flat pack furniture. No deal was made — the Dragons decided not to invest. The business is still active today.

The Pitch

Pelham Vincent and David Hall walked into the Den in 2015 with a easy assemble flat pack furniture. They were asking for £150,000 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 Pelham Vincent and David Hall left the Den without backing.

What Happened After the Show

Foldsmart Ltd is one of those Den stories that actually lasted. Having appeared on the show back in 2015, the company has now been trading for well over a decade — an outcome that puts it ahead of the vast majority of startup ventures, let alone television pitches.

Is Foldsmart Ltd Still in Business?

Yes. Foldsmart Ltd appears to still be trading. Companies House records confirm the business is currently active.

Related Companies

If you’re curious about other businesses from the same episode, you might also want to look at Magloc UK, School Trunk, Funky Christmas Jumpers, Crikey Bikey Ltd. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
active
Company Number
09430742
Registered Name
FOLDSMART LTD
Incorporated
2015-02-10
Company Type
ltd
SIC Codes
46470
Registered Address
128 City Road, London, EC1V 2NX, United Kingdom
Accounts
micro-entity (period ending 2025-02-28)
Latest Financials
Total Assets Less Liabilities
£374601
Employees
0
Period
2024-02-29 to 2025-02-28
Officers
  • SALTER, Joseph Edward — secretary
    128, City Road, London, EC1V 2NX, United Kingdom
  • JOHNSON-FLINT, James — director
    Richer House, Hankey Place, London, SE1 4BB, England
  • ROBINSON, David Barrie — director
    Richer House, Hankey Place, London, SE1 4BB, England
  • SALTER, Joseph Edward — director
    128, City Road, London, EC1V 2NX, United Kingdom
  • VINCENT, Pelham James — director
    Kemp House, City Road, City Of London, London, EC1V 2NX, England