Product Update
Is Time:O:Stat Still in Business? (2026 Update)
Is Time:O:Stat from Dragons’ Den still around in 2026? The deal it made, the dragons who invested, and where to buy Time:O:Stat today.
As an Amazon Associate I earn from qualifying purchases.
Time:O:Stat pitched a landlord-controlled thermostat to the Dragons, asked for £80,000 for 30 percent, and left with exactly that from Touker Suleyman. Since then it has built a loyal base of thousands of landlords, and picked up its share of controversy along the way. If you are here to check whether it survived, the answer is yes.
The Short Answer
Time:O:Stat is still in business. It sells directly through its own website, and its status as a company with an active website matches what our records show, unlike some of the other pitches in this batch where a company website has appeared or changed since the original data was logged.
The company does not sell through Amazon, running its business through direct sales to landlords, letting agents and HMO operators, its core customer base.
The Dragons' Den Pitch
Founder Anthony Cherry, himself an experienced HMO landlord, appeared in Series 21, Episode 11, in the Home & Lifestyle category. The product restricts heating in student and shared houses to controlled two-hour cycles when the property would otherwise be left running unnecessarily, aimed at cutting the heating bills that come with managing shared, multi-occupancy properties.
The ask was £80,000 for 30 percent of the company, valuing the business at roughly £267,000. Cherry built the product after seeing roughly 40 percent savings on heating bills in his own portfolio, and pitched it as a way for other landlords to capture the same saving.
The Deal That Got Done
Cherry secured backing from Touker Suleyman, who invested the full £80,000 asked for at the original 30 percent stake. Suleyman's background is retail and fashion manufacturing rather than property, but a device with a clear, quantifiable cost saving and a large, addressable customer base in the private rental sector is the kind of pitch that plays well regardless of a Dragon's specific sector.
Getting the exact number asked for, with no renegotiation of the equity split, suggests the underlying savings numbers Cherry presented held up under scrutiny.
The Controversy, and the Growth
Not every reaction to Time:O:Stat has been positive. The product has drawn criticism from tenants and tenant advocates, with some describing heating restrictions as treating renters unfairly, language as strong as calling the device evil has appeared in press coverage. That tension, between a landlord's cost control and a tenant's comfort, is baked into the product itself and is unlikely to go away regardless of how the business performs commercially.
Commercially, though, the business has grown. Time:O:Stat now counts more than 10,000 HMO and student landlords among its customers, and its use has extended into Airbnbs, holiday caravans and other short-let accommodation. It also won an award for best HMO service supplier at the HMO Awards in 2022, recognition from within its own industry rather than just press coverage.
Where Things Stand Now
Time:O:Stat pitched in Series 21 for £80,000 at 30 percent, and secured that exact deal from Touker Suleyman. Since then, it has built a base of over 10,000 landlord customers and picked up industry recognition, alongside real criticism from tenants about how the product is used.
The verdict is that the business is still trading, still selling directly to landlords, and still generating debate about the ethics of the product it sells. If you were wondering whether the landlord thermostat company made it, it did, controversy and all.
Where to buy Time:O:Stat
Still selling as of 26 June 2026. Check today's price and availability.
Affiliate link — we may earn a commission at no extra cost to you.
See the full Time:O:Stat deal breakdown and term sheet →
