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What Happened to Temple Wellness After Dragons’ Den?

Temple Wellness appeared on Dragons’ Den in 2023, Series 20 Episode 1. The business was a skincare products for men with dark skin. They secured investment from Steven Bartlett on the show. The company was dissolved in 2025.

The Pitch

Raphael Babalola and Adam Hutchinson walked into the Den in 2023 with a skincare products for men with dark skin. They were asking for £50,000 in exchange for 10% 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. Steven Bartlett offered £50,000 for 10%, and Raphael Babalola and Adam Hutchinson 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

Temple Wellness did not survive long-term. The company was dissolved in 2025, 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 Temple Wellness Still in Business?

No. Temple Wellness 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 Tabuu, Psychic Sisters, Drag Diva, Carried by Farino. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
dissolved
Company Number
12724446
Registered Name
TEMPLE WELLNESS LTD
Incorporated
2020-07-06 (ceased 2025-06-10)
Company Type
ltd
SIC Codes
47190
Registered Address
12724446 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, CF14 8LH
Accounts
total-exemption-full (period ending 2023-07-31)
Latest Financials
Total Assets Less Liabilities
£28728
Employees
2
Period
1 August 2022 to 31 July 2023
Officers
  • BABALOLA, Raphael Abayomi — director
    86-90, Paul Street, Shoreditch, London, EC2A 4NE, England
  • DAWES, Richie — director (resigned 2021-10-13)
    34, Manser Road, Rainham, RM13 8NL, England
  • HUTCHINSON, Adam Donovan — director (resigned 2023-04-01)
    86-90, Paul Street, Shoreditch, London, EC2A 4NE, England