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What Happened to Spiced by Rayeesa After Dragons’ Den?

Spiced by Rayeesa appeared on Dragons’ Den in 2017, Series 15 Episode 3. The business was a fresh frozen curry sauce. No deal was made — the Dragons decided not to invest. The company went into liquidation in 2024.

The Pitch

Rayeesa Asghar-Sandys walked into the Den in 2017 with a fresh frozen curry sauce. They were asking for £75,000 in exchange for 12% 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 Rayeesa Asghar-Sandys left the Den without backing.

What Happened After the Show

Spiced by Rayeesa did not survive long-term. The company was dissolved in 2024, some 7 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 Spiced by Rayeesa Still in Business?

No. Spiced by Rayeesa 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 Temporary Forevers, The Wool Couture Company, Text A Potato, Go Bubble Ltd. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
dissolved
Company Number
15164845
Registered Name
SPICED BY RAYEESA LIMITED
Incorporated
2023-09-26 (ceased 2026-01-06)
Company Type
ltd
SIC Codes
56290
Registered Address
Flat 2 Mill End Farm, Castle Frome, Ledbury, HR8 1HH, United Kingdom
Accounts
micro-entity (period ending 2024-09-30)
Latest Financials
Total Assets Less Liabilities
£1
Employees
0
Period
2023-09-26 to 2024-09-30
Officers
  • ASGHAR-SANDYS, Rayeesa Fatima — director
    Flat 2 Mill End Farm, Castle Frome, Ledbury, HR8 1HH, United Kingdom
  • ASGHAR-SANDYS, Richard Anthony — director (resigned 2024-10-18)
    Orchard Farmhouse, Mordiford, Hereford, HR1 4EJ, United Kingdom