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What Happened to Rapstrap After Dragons’ Den?

Rapstrap appeared on Dragons’ Den in 2008, Series 6 Episode 4. The business was a waste-free cable-tie. They secured investment from Duncan Bannatyne & James Caan on the show. The business is still active today.

The Pitch

Andrew Harsley walked into the Den in 2008 with a waste-free cable-tie. They were asking for £150,000 in exchange for 50% 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. Duncan Bannatyne & James Caan offered £150,000 for 50%, and Andrew Harsley 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

Rapstrap is one of those Den stories that actually lasted. Having appeared on the show back in 2008, 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 Rapstrap Still in Business?

Yes. Rapstrap 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 Buggy Boot, Really Fresh Olive Oil Club, S-Brief, Visor Vision Helmets Ltd (renamed Versa Sacks Ltd). Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
active
Company Number
05861045
Registered Name
RAPSTRAP LIMITED
Incorporated
2006-06-28
Company Type
ltd
SIC Codes
46760
Registered Address
Five Ways, 57-59 Hatfield Road, Potters Bar, Hertfordshire, EN6 1HS
Accounts
micro-entity (period ending 2024-08-31)
Latest Financials
Total Assets Less Liabilities
-120844
Employees
0
Period
1.9.23 to 31.8.24
Officers
  • COLLINS, Sharon Lavinnia — secretary
    Five Ways, 57-59 Hatfield Road, Potters Bar, Hertfordshire, EN6 1HS, United Kingdom
  • HARSLEY, Andrew John — director
    Five Ways, 57-59, Hatfield Road, Potters Bar, Hertfordshire, EN6 1HS, United Kingdom
  • MOULE, Peter John — director
    Five Ways, 57-59, Hatfield Road, Potters Bar, Hertfordshire, EN6 1HS, United Kingdom
  • PARKER, Phillip Edmond Charles — secretary (resigned 2017-10-25)
    Five Ways, 57-59, Hatfield Road, Potters Bar, Hertfordshire, EN6 1HS, United Kingdom
  • BANNATYNE, Duncan Walker — director (resigned 2015-03-30)
    Five Ways, 57-59, Hatfield Road, Potters Bar, Hertfordshire, EN6 1HS, United Kingdom
  • CAAN, James — director (resigned 2010-09-06)
    Five Ways, 57-59, Hatfield Road, Potters Bar, Hertfordshire, EN6 1HS, United Kingdom
← Series 6 ← Episode 4