Dragons’ Den Tracker

The Pitch

Hywel Edwards and Alison Morgan walked into the Den in 2005 with a headband for migraines relief. They were asking for N/A.

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 Hywel Edwards and Alison Morgan left the Den without backing.

What Happened After the Show

Migra Cap did not survive long-term. The company was dissolved in 2014, some 9 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 Migra Cap Still in Business?

No. Migra Cap 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 Grails Ltd, Stable Table, Mandala Aroma, Kestrel Aerospace PAV. Each has its own story of what happened after the Den.