Dragons’ Den TrackerWhat Happened to Lofto Mattic After Dragons’ Den?
Lofto Mattic appeared on Dragons’ Den in 2021, Series 18 Episode 6. The business was a automated electric loft ladder. No deal was made — the Dragons decided not to invest. The company was dissolved in 2022.
The Pitch
Michael Beard walked into the Den in 2021 with a automated electric loft ladder. They were asking for £96,000 in exchange for 5% 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 Michael Beard left the Den without backing.
What Happened After the Show
Lofto Mattic did not survive long-term. The company was dissolved in 2022 — just a year after appearing on the show.
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 Lofto Mattic Still in Business?
No. Lofto Mattic 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 NGX, Trapped in the Web, Nit Not, Microbarbox. Each has its own story of what happened after the Den.
Watch the Pitch
Companies House Data
- Status
- dissolved
- Company Number
- 12864309
- Registered Name
- LOFTOMATTIC LIMITED
- Incorporated
- 2020-09-08 (ceased 2022-10-25)
- Company Type
- ltd
- SIC Codes
- 27510
- Registered Address
- Hill House, 8 Warwick Road, Southam, Warwickshire, CV47 0HN, United Kingdom
- Accounts
- null
- Officers
-
BEARD, Michael Andrew
— director
Hill House, 8 Warwick Road, Southam, Warwickshire, CV47 0HN, United Kingdom
-
BEARD, Michael Andrew
— director