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What Happened to Square Mile After Dragons’ Den?

Square Mile appeared on Dragons’ Den in 2005, Series 2 Episode 1. The business was a wireless broadband supplier to uk marinas. They secured investment from Theo Paphitis & Peter Jones on the show. The company was sold in 2008.

The Pitch

Dominic Killinger walked into the Den in 2005 with a wireless broadband supplier to uk marinas. They were asking for £150,000 in exchange for 40% 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. Theo Paphitis & Peter Jones offered £150,000 for 40% (38% if targets are hit), and Dominic Killinger 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

Square Mile was sold in 2008. An acquisition can signal very different things — sometimes it’s a strong exit for the founders, sometimes it’s a distressed sale to recover creditor debts. Without more specific information, the nature of the exit here isn’t clear.

Is Square Mile Still in Business?

Square Mile was sold in 2008. Whether the business continues to trade under new ownership is not publicly confirmed.

Related Companies

If you’re curious about other businesses from the same episode, you might also want to look at RakaStaka, The Big O, The Magic Roundabout, Dust Bubble. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
active
Company Number
15617214
Registered Name
SQUARE MILE LIMITED
Incorporated
2024-04-04
Company Type
ltd
SIC Codes
70100
Registered Address
Anglo House, Bell Lane, Amersham, Buckinghamshire, HP6 6FA, England
Accounts
dormant (period ending 2025-04-30)
Latest Financials
Total Assets Less Liabilities
£1
Period
2024-04-04 to 2025-04-30
Officers
  • FRYETT, Nicholas James — director
    Anglo House, Bell Lane, Amersham, Buckinghamshire, HP6 6FA, England