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Is Foldio Still in Business? (2026 Update)

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Christian Lane pitched a stationery folder built to halve the size of A4 paperwork by curving rather than creasing it, at just 19 years old.

The company did not last. Companies House records confirm it stopped trading years ago.

The Terms

Lane asked for £80,000 for 35 percent of the business, and Theo Paphitis backed the full amount at those exact terms, drawing on a retail background well suited to a physical stationery product.

For a stretch after the deal, the product picked up genuine retail attention, a promising start for a young founder's first business.

A Market That Moved On

The core problem Foldio solved, shrinking bulky printed sheets down without leaving them permanently creased, mattered less each year as designers and other professionals shifted toward tablets and digital files instead of paper.

That is a case of a well executed product losing its market to a change in how people work, rather than a failure of the original idea or the deal behind it.

What Happened Next

Companies House filings confirm the business stopped trading in 2015, and there is no live retailer or website selling the product today.

Christian Lane went on to launch Smarter, a maker of connected kitchen gear such as internet linked kettles, coffee machines and fridge cameras, a considerably larger business than his teenage stationery invention ever became.

Note: Based on the public record; company situations can change, so treat this as a snapshot.

Published by Dragons Den Hub, April 2026.