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What Happened to RemPods After Dragons’ Den?

RemPods appeared on Dragons’ Den in 2013, Series 11 Episode 3. The business was a small pop-up rooms set up from past decades used to calm people who have dementia. They secured investment from Deborah Meaden and Peter Jones on the show. The company went into liquidation in 2023.

The Pitch

Richard Ernest walked into the Den in 2013 with a small pop-up rooms set up from past decades used to calm people who have dementia. They were asking for £100,000 in exchange for 45% 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. Deborah Meaden and Peter Jones offered £100,000 for 45%% (40% if targets are met.), and Richard Ernest 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

RemPods did not survive long-term. The company was dissolved in 2023, some 10 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 RemPods Still in Business?

No. RemPods is no longer in business. Companies House records show the company is in liquidation.

Related Companies

If you’re curious about other businesses from the same episode, you might also want to look at Linkee, Urban Coco, Gousto. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
liquidation
Company Number
08359741
Registered Name
REMPODS LIMITED
Incorporated
2013-01-14
Company Type
ltd
SIC Codes
86900
Registered Address
08359741 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, CF14 8LH
Accounts
micro-entity (period ending 2021-03-31)
Latest Financials
Total Assets Less Liabilities
£2688
Employees
5
Period
2020-04-01 to 2021-03-31
Officers
  • ERNEST, Richard — director
    08359741 - Companies House Default Address, Cardiff, CF14 8LH