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What Happened to Old London Underground Company After Dragons’ Den?

Old London Underground Company appeared on Dragons’ Den in 2015, Series 13 Episode 8. The business was a renovating a disused underground station into a tourist attraction. No deal was made — the Dragons decided not to invest. The company was dissolved in 2016.

The Pitch

Ajit Chambers walked into the Den in 2015 with a renovating a disused underground station into a tourist attraction. They were asking for £2,000,000 in exchange for 51% 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 Ajit Chambers left the Den without backing.

What Happened After the Show

Old London Underground Company did not survive long-term. The company was dissolved in 2016 — 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 Old London Underground Company Still in Business?

No. Old London Underground Company is no longer in business. Based on available records, the company is dissolved (2016).

Related Companies

If you’re curious about other businesses from the same episode, you might also want to look at British Cassis, Gumigem Ltd, Hot Diggidy Dog, Ride25. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
active
Company Number
10201036
Registered Name
THE OLD LONDON UNDERGROUND COMPANY LIMITED
Incorporated
2016-05-26
Company Type
ltd
SIC Codes
99999
Registered Address
12 Abbey Court Clandon Gardens, Finchley, London, N3 3BG, England
Accounts
dormant (period ending 2025-05-31)
Latest Financials
Total Assets Less Liabilities
£1
Period
2024-06-01 to 2025-05-31
Officers
  • NORTHROP, Kirk Richard — director
    12 Abbey Court, Clandon Gardens, Finchley, London, N3 3BG, England