What Happened to Talpa Products Ltd After Dragons’ Den?
Talpa Products Ltd appeared on Dragons’ Den in 2009, Series 7 Episode 2. The business was a magnamole - a device designed to thread cables through cavity walls. They secured investment from Duncan Bannatyne & James Caan on the show. The company was dissolved in 2013.
The Pitch
Sharon Wright walked into the Den in 2009 with a magnamole - a device designed to thread cables through cavity walls. They were asking for £50,000 (received 80,000) in exchange for 22.5% 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 £50,000 (received 80,000) for 22.5%, and Sharon Wright 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
Talpa Products Ltd did not survive long-term. The company was dissolved in 2013, some 4 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 Talpa Products Ltd Still in Business?
No. Talpa Products Ltd 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 BassToneSlap, Roto Suite, Whole Leaf Company, Blouse and Skirt. Each has its own story of what happened after the Den.
Watch the Pitch
Companies House Data
- Status
- dissolved
- Company Number
- 06091629
- Registered Name
- TALPA PRODUCTS LIMITED
- Incorporated
- 2007-02-08 (ceased 2013-08-13)
- Company Type
- ltd
- SIC Codes
- 28990
- Registered Address
- 1 Parliament Street, Hull, HU1 2AS, United Kingdom
- Accounts
- total-exemption-small (period ending 2011-04-30)
- Officers
-
SAVILLE, Patrick
— secretary
Fawley Judge & Easton, 1 Parliament Street, Hull, Humberside, HU1 2AS
-
SAVILLE, Patrick
— director
Fawley Judge & Easton, 1 Parliament Street, Hull, North Humberside, HU1 2AS
-
WRIGHT, Sharon
— secretary (resigned 2011-02-08)
44 Birch Drive, The Laurels, Scunthorpe, South Humberside, DN16 3GU
-
TEMPLE SECRETARIES LIMITED
— corporate-nominee-secretary (resigned 2007-02-08)
788-790 Finchley Road, London, NW11 7TJ
-
ROSS, John Stewart
— director (resigned 2009-01-21)
Becca Hall, Becca Park, Leeds, West Yorkshire, LS25 3BQ
-
WRIGHT, Sharon
— director (resigned 2011-02-08)
44 Birch Drive, The Laurels, Scunthorpe, South Humberside, DN16 3GU
-
COMPANY DIRECTORS LIMITED
— corporate-nominee-director (resigned 2007-02-08)
788-790 Finchley Road, London, NW11 7TJ
-
SAVILLE, Patrick
— secretary
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