Jordan Daykin

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Jordan Daykin
Self-portrait photograph
Born (1995-07-06) 6 July 1995 (age 28)
EducationThe John of Gaunt School
OccupationEntrepreneur
Known forDragons' Den, GripIt Fixings

Jordan Daykin (born 6 July 1995), is a British businessman and entrepreneur. He is best known for his 2014 appearance on the BBC Two business programme Dragons' Den, where he became the youngest and most successful entrepreneur to win investment[1] when he secured £80,000 from Deborah Meaden for his plasterboard fixing invention.[2][3] He was called "One of Britain's Leading Young Entrepreneurs" on City A.M.'s list of 100 Most Powerful Entrepreneurs in the UK in March 2016.[4]

Early life[edit]

Daykin was born in Trowbridge, Wiltshire, where he attended The John of Gaunt School.[5] His parents split up when he was nine; Daykin lived with his father until he was 13, when he moved to his grandparents' bungalow because his father went to Sierra Leone for work. At the age of 13, he left school to be privately home-tutored.[6]

Early businesses[edit]

Whilst still in school at the age of 12, Daykin founded his first business, RS2Services, which sold game accounts and virtual currency to fans of fantasy role-playing game Runescape.[7] A year later he started his second business, a nationwide tutoring agency called Tutor Magnet.[8]

GripIt Fixings[edit]

In 2008, shortly after Daykin moved into his grandparents' home, he and his grandfather Stanley Daykin set about converting the garage into a bedroom for him. Daykin wanted both a blackout blind and a curtain rail to ensure no light could break into the room.[9] After Daykin and his grandfather broke several fixings and drill bits attempting to hang the curtain rail, he went to the local DIY store to find a better solution, but could not find anything suitable. That afternoon they both went to the shed, and created the GripIt invention.[clarification needed] The fixing was soon successful in mounting a television on the wall, and Daykin spotted a gap in the market. Four years later a patent was granted for GripIt and the invention was taken to market.

In 2014, Daykin appeared on Dragons' Den and secured an £80,000 investment for 25% of his company from Deborah Meaden.[6]

In February 2016, Daykin's net worth was estimated to be £10 million.[10]

In July 2019, Daykin resigned as a director of UK Building Products Limited and left the company.[11] In November 2019 the company successfully filed for a voluntary insolvency.[12]

Vehicle Preparation Services[edit]

In January 2018, it was reported that Daykin purchased the Wiltshire based automotive contract labour company Vehicle Preparation Services (VPS) from his father Adrian Daykin, in order to diversify his business portfolio.[13] Daykin acted as CEO of VPS between January 2018 and November 2018, before control was returned to his father and the company underwent compulsory liquidation the following month.[14]

Television[edit]

After Daykin's first appearance on the BBC Two business programme Dragons' Den in August 2014, he appeared on ITV's This Morning television programme. On 28 February 2016, he appeared on the BBC Two programme Pitches to Riches which looked at Dragons' Den's biggest success stories.[10]

References[edit]

  1. ^ Burn-Callander, Rebecca (17 August 2014). "19-year-old becomes youngest entrepreneur to win backing on Dragons' Den". The Daily Telegraph. Retrieved 20 April 2016.
  2. ^ "From Dragons' Den to £10 million business: Meet the show's biggest ever success story". Metro. 23 February 2016.
  3. ^ "Grip it Fixings". Deborah Meaden.
  4. ^ Green, Emma Haslett, Harriet (25 March 2016). "The 100 most powerful entrepreneurs in the UK". cityam.com. Retrieved 20 April 2016.{{cite web}}: CS1 maint: multiple names: authors list (link)
  5. ^ "Former Trowbridge pupil and Dragons Den star's business now worth £10 million". Bath Chronicle. Archived from the original on 24 February 2016. Retrieved 20 April 2016.
  6. ^ a b "A 19-year-old school dropout has just won £80,000 investment from Deborah Meaden on Dragon's Den". Management Today.
  7. ^ "19-year-old becomes youngest entrepreneur to win backing on Dragons' Den". The Telegraph. 17 August 2014.
  8. ^ "19 and 3 businesses in: How young entrepreneur Jordan Daykin won over the Dragons". Startups.
  9. ^ "Dragons' Den success story: The 19-year-old running his third business". BusinessZone. Archived from the original on 2 March 2017. Retrieved 4 April 2016.
  10. ^ a b "Dragons' Den entrepreneur reveals staggering £10m fortune". London Evening Standard. 23 February 2016. Retrieved 20 April 2016.
  11. ^ "Companies House Filings". Companies House. Retrieved 17 November 2019.
  12. ^ "Notice of commencement of moratorium: UK Building Products Limited". Companies House. 1 November 2019.
  13. ^ "Son buys his father's firm". Wiltshire Times. 18 January 2018. Retrieved 28 October 2023.
  14. ^ "VEHICLE PREPARATION SERVICES LIMITED insolvency - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 28 October 2023.

External links[edit]