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
-
THOMAS, Emma Jane
— secretary
Dragons’ Den Tracker