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What Happened to The Sci- Tie After Dragons’ Den?

The Sci- Tie appeared on Dragons’ Den in 2017, Series 14 Episode 11. The business was a biodegradable cable ties. No deal was made — the Dragons decided not to invest. The company was dissolved in 2021.

The Pitch

Simon Moore walked into the Den in 2017 with a biodegradable cable ties. They were asking for £80,000 in exchange for 20% 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 Simon Moore left the Den without backing.

What Happened After the Show

The Sci- Tie did not survive long-term. The company was dissolved in 2021, 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 The Sci- Tie Still Available?

No. Sci-tie 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 Illuminated Apparel, Love Me Beauty, Waxu, Bespoke Verse. Each has its own story of what happened after the Den.

Watch the Pitch

Companies House Data

Status
dissolved
Company Number
12078882
Registered Name
SCI-TIE LTD
Incorporated
2019-07-01 (ceased 2021-09-28)
Company Type
ltd
SIC Codes
22290
Registered Address
48 St. Martins Drive, Blackburn, BB2 5HU, United Kingdom
Accounts
null
Officers
  • MOORE, Simon John — director
    48, St. Martins Drive, Blackburn, BB2 5HU, United Kingdom