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Dragons' Den is a Britishmarker television series, hosted by Evan Davis, and was first broadcast on BBC Two on 4 January 2005. The format of the show is owned by Sony and is based on the original Japanese series, which has been sold around the world.

Format

Contestants have what they perceive to be a viable and potentially profitable business idea but lack funding, or are already trading in their business but need additional funds for promotion or expansion. In the show, the contestants have an opportunity to present their business ideas to five wealthy entrepreneurial businesspeople, the "Dragons" of the show's title. They are required as part of their opening pitch to specify the amount of money they require from the Dragons. The rules stipulate that if they do not raise at least this amount from one or more Dragons, they must leave with nothing. In exchange for the investment, the contestants offer equity in their business, the percentage of which is also stipulated at the beginning of the pitch. If the Dragons see potential in the business idea or product, negotiations then take place around the amount of equity on offer, with the contestant having the opportunity to negotiate further, accept any offers, or simply walk away. Dragons can also offer a percentage of the money requested if they do not wish to commit the full amount, leaving the other Dragons free to do the same. This can lead to the contestant receiving the financial backing of more than one Dragon, with the benefit of a broader range of expertise. However, for this to occur, the contestant usually has to agree to relinquish a larger share in their business than they had first planned.

If, having heard the pitch, the Dragons do not wish to invest, they must declare themselves "out", signalling that they no longer wish to be part of the discussion. On one occasion in series 4 Peter Jones continued to question an entrepreneur after he declared himself out. This conclusion can take a considerable amount of time to reach in the case of complex negotiations, or a few short minutes if the business being pitched is not perceived as credible. Dragons do not take kindly to company over-valuations, and contestants can often be the subject of ridicule for this and just about anything else whilst in the Den.

The programme was nominated for two BAFTA awards and an Royal Television Society award in 2007. The executive producer is Dominic Bird.

The Dragons

Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7
Peter Jones
Duncan Bannatyne
Simon Woodroffe
Theo Paphitis
Rachel Elnaugh
Deborah Meaden
Doug Richard
Richard Farleigh
James Caan


Other Dragons' Den programmes

A "Junior Dragons' Den" was broadcast on 16 November 2007 as a short special during Children in Need and involved young children and teenagers displaying their ideas. Items included a "Look for Loneliness" pack, with stickers, trophies and branded 'friendship' stops (£5000 was wanted) and also a selection of guinea pig and hamster houses (£1000 wanted).

Dragons' Den 'Where Are They Now' came in four episodes, showing how a selection of successful and unsuccessful contestants from the previous series had subsequently fared in their businesses. The first episode covered the first and second seasons. The second episode covered the third and fourth seasons, but focused mainly on Levi Roots' Reggae Reggae Sauce. The third episode showed more from the third and fourth seasons, but focused in particular on the iTeddy. Finally the fourth two-parter episode focused on the third season.

Watching Dragons' Den

There has been a lot of debate on Internet forums and articles about where it is possible to watch episodes of Dragons' Den on the internet. The flaw which has become evident is that you may only watch the last couple of episodes of the show on BBC's iPlayer. No one knows why they have introduced this restriction but a letter has been sent to the BBC asking them to remove the restriction. There only other ways of watching the show are by either searching for each episode on Youtube, however you will have to watch the shows in parts and go to various different videos. The other way is to use a website I found on Google called FromDragonsDen.co.uk They have compiled every episode of Dragons' Den and you can watch them all online.

Statistics

Series One (6 episodes)
Dragon No. of Investments
Peter Jones 3
Duncan Bannatyne 2
Simon Woodroffe 1
Rachel Elnaugh 4
Doug Richard 2
Series Two (6 episodes)
Peter Jones 3
Duncan Bannatyne 1
Theo Paphitis 4
Rachel Elnaugh 1
Doug Richard 0
Series Three (8 episodes)
Peter Jones 2
Duncan Bannatyne 2
Theo Paphitis 4
Deborah Meaden 4
Richard Farleigh 2
Series Four (6 episodes)
Peter Jones 4
Duncan Bannatyne 3
Theo Paphitis 5
Deborah Meaden 4
Richard Farleigh 5
Series Five (9 episodes)
Peter Jones 5
Duncan Bannatyne 4
Theo Paphitis 6
Deborah Meaden 6
James Caan 6
Series Six (8 episodes)
Peter Jones 6
Duncan Bannatyne 4
Theo Paphitis 5
Deborah Meaden 4
James Caan 5
Series Seven (7 episodes)
Peter Jones 6
Duncan Bannatyne 2
Theo Paphitis 5
Deborah Meaden 3
James Caan 4


Successful pitches

Episode First Shown Entrepreneur(s) Company or Product Name Money requested/£ Description of Company or Product Investing Dragon(s) Website
Series One, Episode 1 4 January 2005 Charles Ejogo Umbrolly 150,000 Multimedia vending unit selling umbrellas and adverts Duncan Bannatyne & Peter Jones [531006]
Series One, Episode 2 11 January 2005 Tracey Grailey Grails Ltd 120,000 Tailor-made suits for businesswomen Doug Richard & Rachel Elnaugh [531007]
Series One, Episode 3 18 January 2005 Tracey Herrtage Le Beanock 54,000 A beanbag hammock Rachel Elnaugh [531008]
Series One, Episode 3 18 January 2005 John & Phillip Petty IV Cam 50,000 A 3D measuring system using camera technology Peter Jones and Doug Richard [531009]
Series One, Episode 4 25 January 2005 Paul Thomas Mycorrhizal Systems 75,000 Land for a truffle farm Simon Woodroffe [531010]
Series One, Episode 5 1 February 2005 Elizabeth Galton Elizabeth Galton Ltd 110,000 Custom-made jewellery Duncan Bannatyne & Rachel Elnaugh [531011]
Series One, Episode 6 8 February 2005 Nik Rawcliff Snowbone 75,000 Handle attachment for snowboards Rachel Elnaugh [531012]
Series One, Episode 6 8 February 2005 Hugh Gwyther Wonderland 175,000 High end fashion and culture magazine Peter Jones [531013]
Series Two, Episode 1 15 November 2005 Dominic Killinger Square Mile 150,000 Wireless broadband supplier to UK marinas Theo Paphitis & Peter Jones [531014]
Series Two, Episode 2 22 November 2005 Danny Bamping Bedlam Puzzles 100,000 3-D puzzles Rachel Elnaugh & Theo Paphitis [531015]
Series Two, Episode 3 29 November 2005 Julie White Truly Madly Baby 75,000 Unique baby products Peter Jones [531016]
Series Two, Episode 5 13 December 2005 Paul Cockle The Generating Company 160,000 Contemporary circus shows Peter Jones & Theo Paphitis [531017]
Series Two, Episode 6 20 December 2005 David Lees Mode Al 225,000 Custom furniture to house technology Theo Paphitis & Duncan Bannatyne [531018]
Series Three, Episode 1 3 August 2006 James Seddon Eggxactly 75,000 Water free egg cooker Richard Farleigh & Peter Jones [531019]
Series Three, Episode 2 10 August 2006 Gary Taylor Alpine Cleaning 200,000 Franchised HGV cleaning service Deborah Meaden & Theo Paphitis [531020]
Series Three, Episode 3 17 August 2006 Matthew Hazell First Light Solutions 100,000 A sonar based man-overboard detection system Richard Farleigh [531021]
Series Three, Episode 4 24 August 2006 Ian Chamings MixAlbum 150,000 Dance download site with digital mixing software Deborah Meaden & Theo Paphitis [531022]
Series Three, Episode 5 31 August 2006 Richard Lee & Daren Duraidi Dr Cap 150,000 Chain of shops selling baseball caps Duncan Bannatyne [531023]
Series Three, Episode 6 7 September 2006 Stephen Bellis Nuts Poker League 50,000 (But received 65,000) Pub based tournament poker league Theo Paphitis & Deborah Meaden [531024]
Series Three, Episode 7 14 September 2006 Peter Sesay Autosafe 100,000 A seat-belt height adjuster Peter Jones & Duncan Bannatyne [531025]
Series Three, Episode 8 21 September 2006 Ian Daintith & Richard Adams Coin Metrics 200,000 Technology to monitor cash operations for slot machines Deborah Meaden & Theo Paphitis [531026]
Series Four, Episode 1 7 February 2007 Levi Roots Reggae Reggae Sauce 50,000 Spicy BBQ sauce Richard Farleigh & Peter Jones [531027]
Series Four, Episode 1 7 February 2007 Anthony Coates-Smith & Alistair Turner Igloo 160,000 Specialist chilled and frozen transport services Duncan Bannatyne & Richard Farleigh [531028]
Series Four, Episode 2 14 February 2007 Imran Hakim iTeddy 140,000 Classic teddy bear with integrated media technology Peter Jones & Theo Paphitis [531029]
Series Four, Episode 3 21 February 2007 Roger Hind Rotamate 85,000 A clothes airer that protects washing from the rain Deborah Meaden & Richard Farleigh [531030]
Series Four, Episode 3 21 February 2007 Denise Hutton Razzamataz 85,000 A chain of dance, drama and singing schools for children Duncan Bannatyne [531031]
Series Four, Episode 4 28 February 2007 Christian Lane Foldio 80,000 Stationery folder that halves size of paper without creasing Theo Paphitis [531032]
Series Four, Episode 4 28 February 2007 KC Jones Foot Deodoriser 100,000 Sanitiser that kills bacteria within shoes Deborah Meaden & Richard Farleigh [531033]
Series Four, Episode 5 7 March 2007 Chris Haines Safe-T-First 95,000 Emergency light Deborah Meaden & Theo Paphitis [531034]
Series Four, Episode 5 7 March 2007 David Pybus Scents of Time 80,000 Perfumes from historical times which are re-created for today Peter Jones & Theo Paphitis [531035]
Series Four, Episode 6 21 March 2007 Peter Ensinger & David Baker Standby Saver 100,000 Device which turns off standby appliances completely All five dragons [531036]
Series Five, Episode 1 15 October 2007 Celia Norowzian & Ian Forshew Beach Break Live 50,000 Events company Peter Jones [531037]
Series Five, Episode 1 15 October 2007 Laban Roomes Midas Touch 60,000 Mobile gold plating service James Caan [531038]
Series Five, Episode 2 22 October 2007 Sarah Lu youdoodoll 35,000 Personalizable doll Deborah Meaden [531039]
Series Five, Episode 2 22 October 2007 Emmie Matthews & Ed Stevens Gaming Alerts 200,000 Gaming referral website Theo Paphitis [531040]
Series Five, Episode 3 29 October 2007 Mark Champkins Concentrate Design 100,000 Products that help children at school Peter Jones [531041]
Series Five, Episode 4 5 November 2007 Max McMurdo Reestore 50,000 Functional pieces of furniture from waste objects Deborah Meaden & Theo Paphitis [531042]
Series Five, Episode 4 5 November 2007 Jamie Jenkinson Cush'n'Shade 100,000 A fold-away screen that acts as a cushion and sun shade Deborah Meaden and Peter Jones [531043]
Series Five, Episode 5 19 November 2007 Shane Lake and Tony Charles Hungryhouse 100,000 An online takeaway ordering service James Caan & Duncan Bannatyne [531044]
Series Five, Episode 6 26 November 2007 Ian Helmore Steri Spray 145,000 UV Sterilising system for shower heads Deborah Meaden & Theo Paphitis [531045]
Series Five, Episode 6 26 November 2007 Mark and Eleanor Davis Caribbean Ready Meals 100,000 Caribbean ready meals made using genuine Jamaican and Trinidadian recipes James Caan & Duncan Bannatyne [531046]
Series Five, Episode 7 3 December 2007 Sammy French Fit Fur Life 100,000 A dog treadmill James Caan [531047]
Series Five, Episode 7 3 December 2007 Jerry Mantalvanos & Paul Merker JPM Eco Logistics 100,000 Environmentally friendly haulage company Deborah Meaden & Theo Paphitis [531048]
Series Five, Episode 8 11 December 2007 Peter Moule ElectroExpo, Chocbox 150,000 Plastic housing that protects cable connections Duncan Bannatyne and James Caan [531049]
Series Five, Episode 9 18 December 2007 Amanda Jones & James Brown Red Button Design 50,000 A water transport, sanitation and storage device for the developing world All five dragons [531050]
Series Six, Episode 1 21 July 2008 Hamfatter Hamfatter 75,000 A music band Peter Jones [531051]
Series Six, Episode 1 21 July 2008 Julia Charles & Amy Goldthorpe D4M Ltd 75,000 Events management company Duncan Bannatyne & James Caan [531052]
Series Six, Episode 2 28 July 2008 Victoria McGrane Neurotica 56,000 (But received 75,000) Fashion designer Peter Jones [531053]
Series Six, Episode 3 4 August 2008 Ming Yun Light Emotions 40,000 Glow in the dark products Peter Jones [531054]
Series Six, Episode 3 4 August 2008 Michael Cotton DDN Ltd 250,000 Misfuelling prevention device Theo Paphitis and Deborah Meaden [531055]
Series Six, Episode 4 11 August 2008 Charlotte Evans & Caroyln Jarvis Buggy Boot 80,000 Storage solution for pushchairs Deborah Meaden [531056]
Series Six, Episode 4 11 August 2008 Andrew Harsley Rapstrap 150,000 Waste-free cable-tie Duncan Bannatyne & James Caan [531057]
Series Six, Episode 5 18 August 2008 Neil & Laura Westwood Magic Whiteboard 100,000 Portable whiteboard in the form of a roll Theo Paphitis and Deborah Meaden [531058]
Series Six, Episode 5 18 August 2008 Guy Unwin & Caroline Kavanagh Planit Products 200,000 Toastabags James Caan [531059]
Series Six, Episode 6 25 August 2008 Guy Portelli Guy Portelli Sculpture Studio 80,000 Collection of 18 sculptures James Caan, Peter Jones & Theo Paphitis [531060]
Series Six, Episode 6 25 August 2008 Raymond Smith Magic Pizza 50,000 Device designed to eliminate a 'soggy middle' Theo Paphitis & Peter Jones [531061]
Series Six, Episode 7 1 September 2008 Dominic Lawrence, Simeone Salik & Janice Dalton Blindsinabox Ltd 40,000 Temporary, easy to install blinds Duncan Bannatyne & James Caan [531062]
Series Six, Episode 7 1 September 2008 Christian Richardson & Rachel Watkyn Tiny Box 53,000 Unique recycled packaging company Theo Paphitis & Peter Jones [531063]
Series Six, Episode 8 8 September 2008 Paul Tinton ProWaste Management Services 200,000 Construction waste recycling service Duncan Bannatyne & Deborah Meaden [531064]
Series Seven, Episode 1 15 July 2009 Rupert Sweet-Escott Sweet-Escott Aviation Ltd 80,000 An aviation renewable energy supply company James Caan [531065]
Series Seven, Episode 1 15 July 2009 Steve Smith TrueCall Ltd 100,000 A device to stop nuisance phone calls Peter Jones [531066]
Series Seven, Episode 2 22 July 2009 Richard Enion & Michael Davis BassToneSlap 50,000 High energy drumming performance for corporate team building Peter Jones & Theo Paphitis [531067]
Series Seven, Episode 2 22 July 2009 Sharon Wright Magnamole Ltd 50,000 (But received 80,000) A device to thread cables through cavity walls Duncan Bannatyne & James Caan [531068]
Series Seven, Episode 3 29 July 2009 Lawrence Webb & Frank Drewett Lid Lifters 50,000 A labour-saving device for lifting wheelie bin lids Peter Jones [531069]
Series Seven, Episode 3 29 July 2009 Oliver Richmond & Toby Richmond Servicing Stop 100,000 A bespoke nationwide car servicing company Deborah Meaden [531070]
Series Seven, Episode 4 5 August 2009 Tony Earnshaw & Stephen Pearsons UK Commercial Cleaning 100,000 Commercial cleaning company Duncan Bannatyne [531071]
Series Seven, Episode 4 5 August 2009 Karen O'Neill & Karen Coombes KCO Inline Ice Skating Ltd 100,000 New inline skate that allows dancers to perform ice-dancing moves on all surfaces Theo Paphitis [531072]
Series Seven, Episode 5 12 August 2009 Carol Savage MyDish.co.uk 100,000 Online community for people who love food and cooking and want to share recipes with their friends and family Deborah Meaden [531073]
Series Seven, Episode 5 12 August 2009 Jane Rafter Slinks 75,000 Sandals for every occasion: one base with a selection of interchangeable uppers Theo Paphitis & James Caan [531074]
Series Seven, Episode 6 19 August 2009 Jason Roberts Tech21 150,000 Protective cases for laptops, mobile phones etc. using a material called D30 Peter Jones & Theo Paphitis [531075]
Series Seven, Episode 7 26 August 2009 Michael Pritchard The Anyway Spray 125,000 Invention that allows every last drop of liquid to be used in multi-directional household product sprays Theo Paphitis & Peter Jones [531076]
Series Seven, Episode 7 26 August 2009 Kay Russell Physicool Ltd 100,000 Invention that reduces the temperature after a badage has been applied to an injured area Deborah Meaden [531077]
Series Seven, Episode 8 2 September 2009 Michael Lea Earle's 100,000 Food truck franchise that sells hot and cold foods Peter Jones [531078]
Series Seven, Episode 8 2 September 2009 David & Patti Bailey Motor Mouse 100,000 Wireless mice shaped like famous sports cars James Caan [531079]


Series Successful pitches Total money invested
Series One 8 £809,000
Series Two 5 £710,000
Series Three 8 £1,040,000
Series Four 10 £975,000
Series Five 14 £1,540,000
Series Six 14 £1,439,000
Series Seven 15 £1,410,000
Grand Total 74 £7,923,000


Successful failures

Some contestants have gone on to success with their products despite being turned down by the Dragons. Examples includeDestination London, a board game. The Tangle Teezer, a hairbrush designed to smooth knotted hair. and Trunki, travel luggage designed for children .

Criticism

In 2005 Rachel Elnaugh's company went into administration; the remaining assets were bought by Peter Jones and Theo Paphitis, two of Elnaugh's fellow dragons. Although Elnaugh was at the helm before and at the time of the company's failure, she blames the problems on the actions of the last CEO whom she appointed in 2002, whilst she took a non-executive role.

As a result of disputes with various Dragons, and the resulting uncomfortable position of the BBC if it allowed a perceived "failed" business person to be on a business panel, she agreed to leave the Dragons' Den panel.

In September 2006, in an investigation by the Sunday Mirror newspaper, it was claimed that most of the deals were unfulfilled after the programmes were shot. The article claimed that the Dragons either pulled out of the deals over minor technicalities, deliberately offered heavily unfavourable terms to the entrepreneurs in an effort to make them withdraw, or simply broke off all contact with them after the recording. The UK Dragons defended their record, with Duncan Bannatyne saying: "We don't hand over money to people who don't tell the truth.", while Theo Paphitis added: "I kept up my end of the bargain. The show is not about a cash prize, it is about us pledging to invest. But people must tell the truth. Simple." A BBC spokesman said: "After the initial agreement is made on camera, both parties enter a period of due diligence. Sometimes during this period the deals fall through." In fact, the BBC has never made a secret of this, with follow-up programmes admitting that many deals ultimately fell through.

It was announced on 21 May 2007, that Richard Farleigh had been dropped from the series. The Daily Mail suggested he may have been dropped in order to have a new dragon from an ethnic minority. Farleigh said, "It would be disappointing if that was the reason - rather than anything fundamental - if it was because I was the wrong colour. I don't know why this has happened and I am very disappointed and bemused - I wasn't expecting it because all the feedback I got was very positive. I had even moved back to the UK to focus on commitments for the show. I am gutted that I have not been invited back." James Caan, a Pakistani-bornmarker venture capitalist, founder of Hamilton Bradshaw replaced Farleigh in series five.

References

External links




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