Product Update
Is Talpa Products Ltd Still in Business? (2026 Update)
Is Talpa Products Ltd from Dragons’ Den still around in 2026? The deal it made, the dragons who invested, and where to buy Talpa Products Ltd today.
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Talpa Products Ltd pitched Magnamole, a magnetic device for threading cables through cavity walls, on Dragons' Den, and it became one of the more talked-about deal disputes in the show's history. The short answer to whether the original company is still in business is no. Talpa Products Limited was dissolved in 2013.
The Short Answer
Talpa Products Limited, the company founded by Sharon Wright to sell Magnamole, was dissolved in 2013, several years after its Den appearance and the very public dispute over how its investment was structured. It is worth being clear that this was not a quiet failure. The business reportedly went on to do well commercially after resolving its dispute with the Dragons, but the original limited company entity itself did not survive long term under that name.
There is no current UK retailer or official Magnamole website tied to Talpa Products still trading today, and Companies House records confirm the dissolution.
The Pitch
Talpa Products Ltd appeared in series 7, episode 2, pitching Magnamole, a magnetic cable-threading tool designed to guide electrical cable through cavity walls without the risk of drilling into it or getting an electric shock, filed here under Business Services given its trade and DIY market focus. It is a clever, practical solution to a genuinely awkward job that electricians and DIY renovators deal with regularly.
Founder Sharon Wright, a single mother from Scunthorpe, asked for £50,000 in exchange for 22.5 percent of the business and walked away from the pitch itself having agreed a deal worth more than she asked for.
Trade tools like Magnamole occupy a useful niche in the Den's history because the buyer is not really the general public, it is electricians, builders and serious DIY enthusiasts who already understand exactly why threading a cable through a cavity wall without drilling into it blind is worth paying for. That kind of specialist, trade-facing product can be a harder story to tell on camera than a mainstream consumer gadget, but it also tends to come with more reliable repeat demand once it is established.
The Deal, and the Dispute That Followed
James Caan and Duncan Bannatyne jointly offered £80,000 for 22.5 percent, more cash than Wright had originally asked for. That should have been a straightforward win. Instead, according to widely reported accounts, a dispute emerged over how that £80,000 was actually structured, with Wright alleging it was presented to her afterwards as a loan she would need to repay rather than a straightforward purchase of equity.
Wright's solicitor ultimately terminated the contract with the Dragons unilaterally over that disagreement. Rather than end there, she went on to secure a separate £100,000 investment from another investor entirely, outside the Den relationship, which reportedly helped drive the business's subsequent growth.
What Happened After
With that alternative funding in place, Talpa Products and the Magnamole product reportedly went on to build real commercial success in the years that followed, expanding sales of the cable-threading tool to trade and DIY customers. That makes this one of several stories on the show where a Den dispute, rather than ending a business, ended up pushing the founder toward a better outside deal.
Despite that period of growth, the original Talpa Products Limited company was dissolved in 2013. It is not unusual for a small manufacturing business to restructure, wind down one entity, or simply stop trading once a founder moves on, and without more detail on record we cannot say precisely which of those applies here, only that the company itself no longer exists.
It is also worth flagging, for anyone searching for the Magnamole product today, that a similarly named cable-guiding tool is sold by an American company, Jonard Tools, through its own MM-800 product line. That is a separate business with no apparent connection to Sharon Wright's UK-founded Talpa Products, and shoppers searching for Magnamole online should be careful not to confuse the two when trying to work out what, if anything, is still available from the original UK company.
Where Things Stand Now
Talpa Products Ltd pitched in series 7 for £50,000 at 22.5 percent, secured an £80,000 joint offer from James Caan and Duncan Bannatyne, then fell into a public dispute over the deal's terms that ended with Wright walking away and financing the business independently instead. The company was formally dissolved in 2013.
So no, Talpa Products Ltd is not still in business today under that name, and there is no current official channel selling Magnamole as far as we can confirm. The dispute itself remains one of the more cited cautionary tales about reading Den investment terms carefully before signing anything.

Where to buy Talpa Products Ltd
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