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What Happened to Spey Bay Mussell Farm After Dragons’ Den?

Spey Bay Mussell Farm appeared on Dragons’ Den in 2009, Series 7 Episode 4. The business was a offshore seafood company. No deal was made — the Dragons decided not to invest. The company was dissolved in 2011.

The Pitch

Patrick Thirkell walked into the Den in 2009 with a offshore seafood company. They were asking for £100,000 in exchange for 20% 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 Patrick Thirkell left the Den without backing.

What Happened After the Show

Spey Bay Mussell Farm did not survive long-term. The company was dissolved in 2011, only 2 years after the Den appearance.

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 Spey Bay Mussell Farm Still in Business?

No. Spey Bay Mussell Farm is no longer in business. Companies House records show the company has been dissolved.

Related Companies

If you’re curious about other businesses from the same episode, you might also want to look at UK Commercial Cleaning, KCO Inline Ice Skating Ltd, Combi-case, PUA Training. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
dissolved
Company Number
SC354848
Registered Name
SPEY BAY MUSSEL FARM LTD
Incorporated
2009-02-11 (ceased 2011-06-03)
Company Type
ltd
SIC Codes
0130
Registered Address
13 Covesea Grove, Elgin Moray, IV30 4PP, Uk
Accounts
null
Officers
  • THIRKELL, Patrick Anthony — secretary
    13, Covesea Grove, Elgin, Moray, IV30 4PP, Scotland
  • THIRKELL, Patrick Anthony — director
    13, Covesea Grove, Elgin, Moray, IV30 4PP, Scotland
  • VALAITIS, Peter Anthony — director (resigned 2009-02-11)
    Southfield House, 2 Southfield Road, Westbury On Trym, Bristol, Avon, BS9 3BH