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Worthenshaw's productDeal made in the Den

Season 8 · Episode 1

Worthenshaw's

a dairy-free frozen dessert

Worthenshaw's brought a dairy-free frozen dessert to Dragons' Den in season 8. We follow the aftermath and whether it is still on sale.

The ask£65,000for 30% of the business
Implied valuation£217Kask / equity
On-air resultDeal agreed
Founder: Kirsty Henshaw

The pitch

What walked into the Den

Kirsty Henshaw brought Worthenshaw's to Dragons' Den in season 8, which aired in 2010.

In the pitch, Worthenshaw's asked the Dragons for £65,000 for 30% of the business, valuing the business at about £216,667.

After the show

What happened next

On air, Worthenshaw's agreed a deal of £65,000 for 30%, backed by Peter Jones and Duncan Bannatyne. The terms are quoted from the aired episode as public record.

Our read

The Hub verdict

Kirsty Henshaw brought a dairy-free frozen dessert to the Den and left with two Dragons on board at her own terms. The ask was £65,000 for 30 percent of Worthenshaw's, a valuation of roughly £216,667, and Peter Jones and Duncan Bannatyne split that stake without pushing for more.

Free-from food had a growing audience in this period, and a pair of experienced investors co-signing a raise this size tends to reflect belief in the category as much as in the individual product. Henshaw held on to 70 percent while bringing in two heavyweight backers, a solid outcome from a single pitch.

Two Dragons, the asking terms, and 70% retained.