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What Happened to The Present Club After Dragons’ Den?

The Present Club appeared on Dragons’ Den in 2011, Series 9 Episode 1. The business was a website for buying gifts for children. They secured investment from Peter Jones and Theo Paphitis on the show. The company was dissolved in 2017.

The Pitch

Georgette Hewitt walked into the Den in 2011 with a website for buying gifts for children. They were asking for £60,000 in exchange for 30% 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. Peter Jones and Theo Paphitis offered £60,000 for 30%, and Georgette Hewitt 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

The Present Club did not survive long-term. The company was dissolved in 2017, some 6 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 The Present Club Still in Business?

No. The Present Club 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 Ploughcroft Solar, Egglu, Miruji Health, WarmaHorn. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
dissolved
Company Number
05978366
Registered Name
THE PRESENT CLUB LTD
Incorporated
2006-10-25 (ceased 2017-09-19)
Company Type
ltd
SIC Codes
47650
Registered Address
The Old Barn Off Wood Street, Swanley Village, Swanley, Kent, BR8 7PA
Accounts
total-exemption-small (period ending 2016-10-31)
Latest Financials
Total Assets Less Liabilities
-21890
Period
1.11.15 to 31.10.16
Officers
  • CHARLTON, Sheridan — secretary
    The Old Barn, Off Wood Street, Swanley Village, Swanley, Kent, BR8 7PA, England
  • HEWITT, Georgette Marie — director
    The Old Barn, Off Wood Street, Swanley Village, Swanley, Kent, BR8 7PA, England
  • PREMIER SECRETARIES LIMITED — corporate-nominee-secretary (resigned 2006-10-26)
    122-126, Tooley Street, London, SE1 2TU
  • PREMIER DIRECTORS LIMITED — corporate-nominee-director (resigned 2006-10-26)
    122-126, Tooley Street, London, SE1 2TU