Dragons’ Den TrackerWhat Happened to Light Lead After Dragons’ Den?
Light Lead appeared on Dragons’ Den in 2016, Series 14 Episode 2. The business was a analogue optical musical instrument cable. They secured investment from Touker Suleyman on the show. The company was dissolved in 2018.
The Pitch
Danielle Barnett and David Holmes walked into the Den in 2016 with a analogue optical musical instrument cable. They were asking for £70,000 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. Touker Suleyman offered £70,000 for 35%, and Danielle Barnett and David Holmes 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
Light Lead did not survive long-term. The company was dissolved in 2018, only 2 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 Light Lead Still Available?
No. Iconic Sound Limited 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 Universal Manhole Key Kit (renamed Dad Machining), Pro Gains, Splash Maps. Each has its own story of what happened after the Den.
Watch the Pitch
Companies House Data
- Status
- dissolved
- Company Number
- 07911921
- Registered Name
- ICONIC SOUND LIMITED
- Incorporated
- 2012-01-17 (ceased 2018-01-09)
- Company Type
- ltd
- SIC Codes
- 47430
- Registered Address
- 4-6 Canfield Place, London, NW6 3BT
- Accounts
- micro-entity (period ending 2016-12-31)
- Latest Financials
- Total Assets Less Liabilities
- -2301
- Period
- 2016-01-01 to 2016-12-31
- Officers
-
BARNETT, Danielle Alison, Ms.
— director
4-6, Canfield Place, London, NW6 3BT, United Kingdom
-
HOLMES, David Charles
— director
4-6, Canfield Place, London, NW6 3BT, United Kingdom
-
HUDSON, David
— director (resigned 2014-07-24)
18b, Charles Street, London, W1J 5DU, United Kingdom
-
KOSCHLAND, Jonathan Simon
— director (resigned 2016-12-14)
37, Sunny Gardens Road, Hendon, London, NW4 1SL, United Kingdom
-
BARNETT, Danielle Alison, Ms.
— director