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What Happened to Mycorrhizal Systems After Dragons’ Den?

Mycorrhizal Systems appeared on Dragons’ Den in 2005, Series 1 Episode 4. The business was a land for a truffle farm. They secured investment from Simon Woodroffe on the show. The business is still active today.

The Pitch

Paul Thomas walked into the Den in 2005 with a land for a truffle farm. They were asking for £75,000 in exchange for 25% 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. Simon Woodroffe offered £75,000 for 25%, and Paul Thomas 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

Mycorrhizal Systems is one of those Den stories that actually lasted. Having appeared on the show back in 2005, 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 Mycorrhizal Systems Still in Business?

Yes. Mycorrhizal Systems 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 Maxi Mat, Tattoo Erase, Tasty Aprons, Halal Cuisines. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
active
Company Number
05363860
Registered Name
MYCORRHIZAL SYSTEMS LTD
Incorporated
2005-02-14
Company Type
ltd
SIC Codes
02400
Registered Address
82 Blackburn Road, Accrington, BB5 1LL, England
Accounts
total-exemption-full (period ending 2025-02-28)
Latest Financials
Total Assets Less Liabilities
£185331
Employees
4
Period
2024-03-01 to 2025-02-28
Officers
  • THOMAS, Emma Jane — secretary
    82, Blackburn Road, Accrington, BB5 1LL, England
  • THOMAS, Paul William, Dr — director
    82, Blackburn Road, Accrington, BB5 1LL, England